Refer to the following transactions.

a. Issued 7,000 shares of $100 par value preferred stock at par.
b. Issued 4,200 shares of $100 par value preferred stock in exchange for land that had an appraised value of $428,400.
c. Issued 48,000 shares of $5 par value common stock for $16 per share.
d. Purchased 15,000 shares of common stock for the treasury at $18 per share.
e. Sold 9,000 shares of the treasury stock purchased in transaction d for $21 per share.
f. Declared a cash dividend of $1.75 per share on the preferred stock outstanding, to be paid early next year.
g. Declared and issued an 8% stock dividend on the common stock when the market price per share of common stock was $25.

1. Show the effect (if any) of each of the above transactions on each financial statement category by selecting a plus (+) or minus (–) and the amount in the appropriate column. Do not show items that affect net income in the retained earnings column. You should assume that the transactions occurred in the listed chronological sequence and that no stock had been previously issued. (Hint: Remember to consider appropriate effects of previous transactions.)
2. Prepare the journal entries to record each of the above transactions.

Assuming no direct factory overhead costs (i.e., inventory carry costs) and $3 million dollars in combined promotion and sales budget, the deft product manager wishes to achieve a product contribution margin of 35%. given their product currently is priced at $35.00, what would they need to limit the material and labor costs to?

The owners of backstreets italian restaurant are considering starting a delivery service forpizza and their other italian dishes in the small college town where they are located. theycan purchase a used delivery van and have it painted with their name and logo for $21,500.they can hire part-time drivers who will work in the evenings from 5 p.m. to 10 p.m. for$8 per hour. the drivers are mostly college students who study at the restaurant when theyare not making deliveries. during the day, there are so few deliveries that the regular employeescan handle them. the owners estimate that the van will last 5 years (365 days per year)before it has to be replaced and that each delivery will cost about $1.35 in gas and othermaintenance costs (including tires, oil, scheduled service, they also estimate that onaverage each delivery order will cost $15 for direct labor and ingredients to prepare andpackage, and will generate $34 in revenue.a. how many delivery orders must backstreets make each month in order for the service to break even? b. the owners believe that if they have approximately the break-even number of deliveries during the week, they will at least double that number on fridays, saturdays, and sundays. if that’s the case, how much profit will they make, at a minimum, from their delivery service each month (4 weeks per month)?

Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.