On january 1, 2019, palk corp. and spraz corp. had condensed balance sheets as follows: palk corp. spraz corp. current assets$99,000$28,000noncurrent assets$125,000$56,000total assets$224,000$84,000current liabilities$42,000$14,000long-term debt$70,000$0stockholders' equity$112,000$70,000total liabilities and stockholders' equity$224,000$84,000on january 2, 2019, palk borrowed the entire $84,000 it needed to acquire 80% of the outstanding common shares of spraz. shares of spraz are not actively traded on the market. the loan was to be paid in ten equal annual principal payments, plus interest, beginning december 31, 2019. the excess consideration transferred over the underlying book value of the acquired net assets was allocated 60% to inventory and 40% to goodwill. what is consolidated stockholders' equity at january 2, 2019?

The production manager of rordan corporation has submitted the following quarterly production forecast for the upcoming fiscal year: 1st quarter 2nd quarter 3rd quarter 4th quarter units to be produced 10,800 8,500 7,100 11,200 each unit requires 0.25 direct labor-hours, and direct laborers are paid $20.00 per hour. required: 1. prepare the company’s direct labor budget for the upcoming fiscal year. assume that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. 2. prepare the company’s direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is not adjusted each quarter. instead, assume that the company’s direct labor workforce consists of permanent employees who are guaranteed to be paid for at least 2,500 hours of work each quarter. if the number of required direct labor-hours is less than this number, the workers are paid for 2,500 hours anyway. any hours worked in excess of 2,500 hours in a quarter are paid at the rate of 1.5 times the normal hourly rate for direct labor.

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%

If you wanted to gain workplace experience and learn more about a company, what opportunity would be most ? a. job shadowing b. an informational interview c. an internship d. online research