A firm's year-end retained earnings balances are $670,000 and $560,000, for 2018 and 2019 respectively. The firm paid $10,000 in dividends in 2019. The firm's net profit after taxes in 2019 was ________.
A) -$100,000
B) -$110,000
C) $100,000
D) $110,000
A) -$100,000
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Regarding employment benefits, the general rule is that:
a. employers are legally required to provide employment benefits in the form of basic health care, vacation pay, and pension or profit sharing plans b. employers are legally required to provide basic health care, but no other benefits, although they may do so voluntarily c. only employers with 50 or more employees are legally required to provide basic health care, but no other benefits, although they may do so voluntarily d. none of these
Measures of central tendency are usually computed from population data rather than from sample data
Indicate whether the statement is true or false
Midwest Airlines is short 2 million gallons of jet fuel. Since no jet fuel contract exists, they decide to hedge with crude oil futures. The price of jet fuel is currently $2.70 per gallon and the price of crude oil is $99 per barrel
Assuming they hold the correct number of crude oil futures contracts, what crude oil price will be needed to perfectly hedge an increase in jet fuel prices to $2.84 per gallon? A) $ 2.84 B) $ 94.12 C) $ 99.00 D) $ 104.13
Discuss the circumstances surrounding the spin-off of TPC by Citigroup.
What will be an ideal response?