The stockholders' equity of tvx company at the beginning of the day on february 5 follows. common stock—$ 10 par value. 150.000 stares authorized. 60.000 shares and 600,000$paid-in capital in excess of par value, common 425,000retained earnings 550,000total stockholders' 15,75000 on february 5, the directors declare a 20% stock dividend distributable on february 28 to the february 15 stockholders of record. the stock's market value is $40 per share on february 5 before the stock dividend. the stock's market value is s33.40 per share on february 28. 1. prepare entries to record both the dividend declaration and its distribution. 2. one stockholder owned 800 shares on february 5 before the dividend. compute the book value per share and total book value of this stockholder's shares immediately before and after the stock dividend of february 5. (in this case, define book value per share as total stockholders' equity divided by the number of issued and distributable shares.) 3. compute the total market value of the investor's shares in part 2 as of february 5 and february 28.

Minneapolis federal reserve bank economist edward prescott estimates the elasticity of the u. s. labor supply to be 3. given this elasticity, what would be the impact of funding the social security program with tax increases on the number of hours worked and on the amount of taxes collected to fund social security?

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.