cardinal comics produces graphic historical novels and retails them through local shops and electronic outlets throughout the united states. the publisher also sells directly to public school districts and other educational institutions. the publisher maintains an in-house staff of editors and illustrators but contracts out writing, printing, and distribution. their printer uses domestically recycled paper but imports ink and much of its printing equipment from overseas. which part of this scenario would most directly relate to segment a in the circular flow diagram above?

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.

Rachel died in 2014 and her executor is finalizing her estate tax return. the executor has determined that rachel’s adjusted gross estate is $10,120,000 and that her estate is entitled to a charitable deduction in the amount of $500,000. using 2014 rates, calculate the estate tax liability for rachel’s estate.

Afamily wishes to save for future college expenses. which financial tool should the family invest in?