Lewis is single, and he is trying to decide whether to contribute $5000 to a traditional IRA or to a Roth IRA. His taxable income is currently $94,000 per year, and he expects it to be $190,000 per year when he takes his money out of his IRA. He also expects his $5000 investment to triple in value by the time he takes his money out. Use this information and the tax table below to assist Lewis in making his decision. Assume that current tax brackets will stay the same by the time Lewis takes his money out of his IRA Part I: If Lewis chooses a traditional IRA, how much will he pay in taxes now on the $5000?
Part II: If Lewis chooses a traditional IRA, how much will he pay in taxes when he takes the $5000 and the earnings on the $5000 out of his IRA?
Part III: If Lewis chooses a Roth IRA, how much will he pay in taxes now on the $5000?
Part IV: If Lewis chooses a Roth IRA, how much will he pay in taxes when he takes the $5000 and the earnings on the $5000 out of his IRA?
Part V: Will choosing a traditional IRA or a Roth IRA cause Lewis to pay more in taxes? How much more will Lewis pay?

David burdick is the ceo of acme bubblegum, a successful public company. as one of the cofounders of the company, burdick has enjoyed speaking and writing about the success of acme bubblegum for several years. typically, he speaks at conferences or directly to the press, but recently, he has been blogging about his firm anonymously. specifically, he defended a recent advertising campaign that was unpopular among consumers and pointedly attacked one of acme bubblegum’s competitors. burdick deeply enjoys his anonymous blogging and believes that none of his readers actually know that he works for acme bubblegum. should burdick be allowed to praise his company’s performance anonymously online? should he be allowed to attack his competitors without disclosing his relationship with the company? how would you feel if the ceo of a company at which you shopped was secretly writing criticisms of his or her competition? how would you feel if you knew a writer for your favorite blog was actually closely involved in a company that the blog discussed? 1. define the ethical issue? 2. who are the primary stakeholders? 3. what are the possible alternatives? 4. how could you evaluate the ethical implications of the alternative actions (use appropriate decision rules)? 5. what action would you recommend and why?

Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: