Selected data for Dalton Company for 2018 follows: Earnings (net income) $ 97,800 Preferred stock (13,200 shares at $25 par, 4%) $ 330,000 Common stock (45,000 shares no par, market value $28) 255,000 Retained earnings 281,250 $ 866,250 Less: Treasury stock Preferred (1,800 shares) $ 27,000 Common (1,800 shares) 12,000 39,000 Total stockholders’ equity $ 827,250 Required Calculate the Dalton Company’s ratios. (Round your answers to 2 decimal places.)

Which of the following is an effective strategy when interest rates are falling? a. use long-term loans to take advantage of current low rates. b. use short-term loans to take advantage of lower rates when you refinance a loan. c. deposit to a short-term savings instrumentals to take advantage of higher interest rates when they mature. d.select short-term savings instruments to lock in earnings at a current high rates.

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Wilson center is a private not-for-profit voluntary health and welfare entity. during 2017, it received unrestricted pledges of $638,000, 65 percent of which were payable in 2017, with the remainder payable in 2018 (for use in 2018). officials estimate that 14 percent of all pledges will be uncollectible. a. how much should wilson center report as contribution revenue for 2017? b. in addition, a local social worker, earning $20 per hour working for the state government, contributed 600 hours of time to wilson center at no charge. without these donated services, the organization would have hired an additional staff person. how should wilson center record the contributed service?