Bjorn owns a 60% interest in an s corporation that earned $150,000 in the current year. he also owns 60% of the stock in a c corporation that earned $150,000 during the year. the s corporation distributed $30,000 to bjorn and the c corporation paid dividends of $30,000 to bjorn. how much income must bjorn report from these businesses? a.$0 income from the s corporation and $30,000 income from the c corporation. b.$90,000 income from the s corporation and $0 income from the c corporation. c.$90,000 income from the s corporation and $30,000 income from the c corporation. d.$30,000 income from the s corporation and $30,000 of dividend income from the c corporation. e. none of these choices are correct.

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40

David consumes two things: gasoline (g) and bread (b). david's utility function is u(g, b) = 10g^0.25 b^0.75. use the lagrange technique to solve for david's optimal choices of gasoline and bread as a function of the price of gasoline, p_g, the price of bread, p_b, and his income m. with recent decrease in the price of gasoline (maybe due to external shock such as shale gas production) does david increase his consumption of gasoline? for david, how does partial differential g/partial differential p_g depend on his income m? that is, how does david's change in gasoline consumption due to an increase in the price of gasoline depend on his income level? to answer these questions, find the cross-partial derivative, |partial differential^2 g/partial differential m partial differential p_g.