Presented below is information related to martinez corp. for the year 2017.
net sales $1,040,000
write-off of inventory due to obsolescence $64,000
cost of goods sold 624,000
depreciation expense omitted by accident in 2019 44,000
selling expenses 52,000
casualty loss 40,000
administrative expenses 38,400
cash dividends declared 36,000
dividend revenue 16,000
retained earnings at december 31, 2019 784,000
interest revenue 5,600
effective tax rate of 20% on all items
prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e. g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)

Recently, verizon wireless ran a pricing trial in order to estimate the elasticity of demand for its services. the manager selected three states that were representative of its entire service area and increased prices by 5 percent to customers in those areas. one week later, the number of customers enrolled in verizon's cellular plans declined 4 percent in those states, while enrollments in states where prices were not increased remained flat. the manager used this information to estimate the own-price elasticity of demand and, based on her findings, immediately increased prices in all market areas by 5 percent in an attempt to boost the company's 2016 annual revenues. one year later, the manager was perplexed because verizon's 2016 annual revenues were 10 percent lower than those in 2015"the price increase apparently led to a reduction in the company's revenues. did the manager make an error? yes - the one-week measures show demand is inelastic, so a price increase will decrease revenues. yes - the one-week measures show demand is elastic, so a price increase will reduce revenues. yes - cell phone elasticity is likely much larger in the long-run than the short-run. no - the cell phone market must have changed between 2011 and 2012 for this price increase to lower revenues.

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

What is the sequence of events that could lead to trade surplus