Sally is self-employed. she makes cookies out of her own home, and sells these cookies through her website. recently, a severe storm went through the area that sally lives in, and caused some damage to her home. sally was forced to use some funds from her cookie business to pay for the needed home repairs. at this point, sally only has enough money to make ten-dozen more cookies, which will likely not be enough quantity to produce enough profit for her to buy more ingredients to make more cookies. sally knows she could generate more cash on hand if she generated more advance-orders, but she also knows that she would have to advertise more. advertising more might force her to use the remainder of the cash on hand she currently has. sally needs to quickly decide what to do.

Consider the scenario below and let us know if you believe lauren smith's actions to be ethical. let us know why or why not. lauren smith is the controller for sports central, a chain of sporting goods stores. she has been asked to recommend a site for a new store. lauren has an uncle who owns a shopping plaza in the area of town where the new store is to be located, so she decides to contact her uncle about leasing space in his plaza. lauren also contacted several other shopping plazas and malls, but her uncle’s store turned out to be the most economical place to lease. therefore, lauren recommended locating the new store in her uncle’s shopping plaza. in making her recommendation to management, she did not disclose that her uncle owns the shopping plaza. if management decided to go with lauren's uncle's plaza, what additional information would be needed in the financial statements?

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

If an investment has 35 percent more nondiversifiable risk than the market portfolio, its beta will be: