A. on april 1, the company retained an attorney for a flat monthly fee of $3,500. payment for april legal services was made by the company on may 12.b. a $900,000 note payable requires 12% annual interest, or $9,000, to be paid at the 20th day of each month. the interest was last paid on april 20, and the next payment is due on may 20. as of april 30, $3,000 of interest expense has accrued. c. total weekly salaries expense for all employees is $10,000. this amount is paid at the end of the day on friday of each five-day workweek. april 30 falls on a tuesday, which means that the employees had worked two days since the last payday. the next payday is may 3. required: 1. the above three separate situations require adjusting journal entries to prepare financial statements as of april 30. 2. for each situation, present both: i. the april 30 adjusting entry. ii. the subsequent entry during may to record payment of the accrued expenses.

Personal financial planning is the process of creating and achieving financial goals? true or false

You decide to invest in a portfolio consisting of 25 percent stock a, 25 percent stock b, and the remainder in stock c. based on the following information, what is the expected return of your portfolio? state of economy probability of state return if state occurs of economy stock a stock b stock c recession .16 - 16.4 % - 2.7 % - 21.6 % normal .55 12.6 % 7.3 % 15.9 % boom .29 26.2 % 14.6 % 30.5 %

Table 1. shows the expected demand for the dvd at different suggested donation levels, and they can act as a single-price monopolist if they choose to. thereceipts will be used to fund gstcg supplies for their data collection and conservation work. at the end of each sea turtle nesting season, any excess funds are donated by the gstcg to a local non-profit sea turtle research and rehabilitation facility. table 1 suggested anticipated total marginal profit donation per number of dvd revenue revenue dvd request requests $19.00 0 $15.00 2 $9.50 4 $7.75 10 $3.00 15 $0.00 20 a. complete table 1 by computing the total revenue, marginal revenue, and profit columns. b. the president wants the gstcg to provide videos to generate the most possible donations (total revenue). what price, if any, is the president of the gstcg favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. c. the education outreach committee wants the gstcg to provide videos to the highest possible number of people. what price, if any, is the educational outreach committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. d. the treasurer of the gstcg wants the dvd program to be as efficient as possible so that the marginal revenue equals marginal cost. what price, if any, is the treasurer favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer. e. the fundraising committee wants the dvd program to generate as much profit in donations as possible. what price, if any, is the fundraising committee favoring and how many people will receive the dvd if this becomes the price of the suggested donation? explain your answer.