Otay lakes park is a private camping ground near the mount miguel recreation area. it has compiled the following financial information as of december 31, 2017.service revenue (from camping fees)$132,000dividends $  9,000sales revenue (from general store) 25,000notes payable 50,000accounts payable 11,000expenses during 2017 126,000cash 8,500supplies 5,500equipment 114,000common stock 40,000retained earnings (1/1/2017) 5,000instructions(a) determine otay lakes park's net income for 2017.(b) prepare a retained earnings statement and a balance sheet for otay lakes park as of december 31, 2017.(c) upon seeing this income statement, walt jones, the campground manager, immediately concluded, "the general store is more trouble than it is worth—let's get rid of it." the marketing director isn't so sure this is a good idea. what do you think?

Shareholders of tesla recently expressed concerns that elon musk should give up some of his power on tesla's board by appointing two independent directors. which of the following is not a reason why elon musk is perceived to have significant power over tesla's board? 1. he is the founder of the firm and a successful entrepreneur, thus board members may be hesitant to challenge him.2. as the ceo and chairman of the firm he can easily determine what the board should discuss and how it should vote on strategic issues.3. all board members, except for kimbal, have been appointed to the board during elon's tenure.4. many of the firm's directors are outsider investment managers whose interests would not be aligned with those of firms' shareholders.

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

Which of these things did galileo not do? a. stop publishing his scientific work after being convicted of heresy b. invent the concept of acceleration c. experiment with rolling balls down ramps of increasing steepness to test how objects would fall d. argue that earth moves around the sun e. make up a thought experiment that indicated that objects would fall at the same rate