On January 1 2018 the Happy Corporation had a credit balance in the retained earnings account of $1,000,000. During 2018 the following occurred: 1. Net income for the year was $500,000. 2. It was discovered the 2017 net income was understated by $100,000. 3. The following dividends were declared: On preferred stock………… $ 120,000 On common stock: Cash dividends…………… 20,000(only 15,000 paid in 2018) Stock dividends………….. 60,000 Instructions: On the worksheet provided, prepare a retained earnings statement in good form.

The amberssen specialty company is a chain of twelve retail stores that sell a variety of imported gift items, gourmet chocolates, cheeses, and wines in the toronto area. amberssen has an is staff of three people who have created a simple but effective information system of networked point-of-sale registers at the stores and a centralized accounting system at the company head- quarters. harry hilman, the head of amberssens is group, has just received the following memo from bill amberssen, sales director (and son of amberssen’s founder). harry—it’s time amberssen specialty launched itself on the internet. many of our competitors are already there, selling to customers without the expense of a retail storefront, and we should be there too. i project that we could double or triple our annual revenues by selling our products on the internet. i’d like to have this ready by - giving, in time for the prime holiday gift-shopping season. bill after pondering this memo for several days, harry scheduled a meeting with bill so that he could clarify bill’s vision of this venture. using the standard con- tent of a system request as your guide, prepare a list of questions that harry needs to have answered about this project.

In the fall of 2008, aig, the largest insurance company in the world at the time, was at risk of defaulting due to the severity of the global financial crisis. as a result, the u. s. government stepped in to support aig with large capital injections and an ownership stake. how would this affect, if at all, the yield and risk premium on aig corporate debt?

What is the purpose of the us international trade association?