Which of the following is not a stockholders' equity account? a common stock. b. capital stock. c. retained earnings. d. accumulated depreciation. e. paid-in-capital in excess of par. paid-in capital is most likely to appear on the balance sheet of a corporation that a. has par value stock. b. has no-par value stock c. has issued stock at different dates. d. has issued stock dividends. 2. 10. retained eanings represents: a cash that is available for dividends. 8. the total net income of the firm since its beginning. c. cumulative net income of the firm since its beginning that has not been distributed to its st the form of dividends. d. net income plus gains (or minus losses) on treasury stock transactions. 11. the number of shares of a class of stock that are outstanding is: a. the number of shares authorized minus the number of shares issued. b. the number of shares authorized minus the number of shares held as treasury stock. c. the number of shares issued minus the number of shares held as treasury stock. d. the number of shares issued minus the number of shares owned by directors.

Tara incorporates her sole proprietorship, transferring it to newly formed black corporation. the assets transferred have an adjusted basis of $240,000 and a fair market value of $300,000. also transferred was $10,000 in liabilities, $1,000 of which was personal and the balance of $9,000 being business related. in return for these transfers, tara receives all of the stock in black corporation. a. black corporation has a basis of $241,000 in the property. b. black corporation has a basis of $240,000 in the property. c. tara’s basis in the black corporation stock is $241,000. d. tara’s basis in the black corporation stock is $249,000. e. none of the above.

At a student café, there are equal numbers of two types of customers with the following values. the café owner cannot distinguish between the two types of students because many students without early classes arrive early anyway (i. e., she cannot price-discriminate). students with early classes students without early classes coffee 70 60 banana 51 101 the marginal cost of coffee is 10 and the marginal cost of a banana is 40. the café owner is considering three pricing strategies: 1. mixed bundling: price bundle of coffee and a banana for 161, or just a coffee for 70. 2. price separately: offer coffee at 60, price a banana at 101. 3. bundle only: coffee and a banana for 121. do not offer goods separately. assume that if the price of an item or bundle is no more than exactly equal to a student's willingness to pay, then the student will purchase the item or bundle. for simplicity, assume there is just one student with an early class, and one student without an early class. price strategy revenue from pricing strategy cost from pricing strategy profit from pricing strategy 1. mixed bundling $ $ $ 2. price separately $ $ $ 3. bundle only $ $ $ pricing strategy yields the highest profit for the café owner.

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.