The Wildwood Fund sells Class A shares with a front-end load of 5% and Class B Shares with a 12b-1 fee of 0.5% annually and a back-end load that start at 7% and fall by 1% for each full year the investor hold the fund. If you plan to invest $20,000 and sell the fund after 4 years, are Class A or Class B shares the better choice for you? What if you plan to sell after 15 years?

When a market is in equilibrium, the buyers are those with the willingness to pay and the sellers are those with the costs.

Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,000 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,000 from hopkins. on july 10, the entry or entries gideon makes to record the recovery of the bad debt is

Ultravision inc. anticipates sales of $280,000 from january through april. materials will represent 50 percent of sales, and because of level production, material purchases will be equal for each month during the four months of january, february, march, and april. materials are paid for one month after the month purchased. materials purchased in december of last year were $24,000 (half of $48,000 in sales). labor costs for each of the four months are slightly different due to a provision in the labor contract in which bonuses are paid in february and april. the labor figures are: january $14,000 february 17,000 march 14,000 april 19,000 fixed overhead is $10,000 per month. prepare a schedule of cash payments for january through april. (assume the $280,000 of sales occur equally over the four months of january through april, i. e. monthly sales = $280,000 / 4.)