During 2010, raines umbrella corp. had sales of $720,000. cost of goods sold, administrative and selling expenses, and depreciation expenses were $498,000, $125,000, and $105,000, respectively. in addition, the company had an interest expense of $58,000 and a tax rate of 35 percent. (ignore any tax loss carryback or carryforward provisions.)

suppose raines umbrella corp. paid out $62,000 in cash dividends. is this possible? if spending on net fixed assets and net working capital was zero, and if no new stock was issued during the year, what is the net new long-term debt?

net new long-term debt$

Alandlord rented an art studio to an artist. under the terms of the signed, written, two-year lease, the artist agreed to pay the landlord $1,000 per month and to assume responsibility for all necessary repairs. after the first year of the lease, the artist assigned the balance of his lease to a sculptor. the landlord approved the sculptor as a tenant and accepted two rent payments from her, and then the landlord sold the building to an investor. the sculptor had made two payments to the investor when an electrical fire broke out in the studio, injuring the sculptor. the fire was caused by faulty wiring. the landlord was aware that there was a dangerous wiring problem when he leased the property to the artist. but when the landlord discovered how costly repairs would be, he decided it would be more profitable to sell the property than to repair it. the problem was not easily discoverable by anyone other than an expert electrician, and the landlord did not tell the artist, the sculptor, or the investor about the problem. the sculptor sues to recover damages for her injuries. from whom can the sculptor recover?

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Which ranks these careers that employers are most likely to hire from the least to the greatest?