Agreement and disagreement among economists.
Suppose that Manuel, an economist from a business school in Georgia, and Poornima, an economist from a nonprofit on the West Coast, are arguing over government bailouts. The following dialogue shows an excerpt from their debate:
Poornima: Thanks to recent financial crisis, the concept of bailouts is a hot topic for debate among everyone these days.
Manuel: Indeed, it's gotten crazy! A government bailout of severly distressed financial firms is unnecessary because free markets will properly price assets.
Poornima: I don't know about that. Without a bailout of severly distressed financial firms, the economy will experience a deep recession.
The disagreement between these economists is most likely due to a) differences in scientific judgments b) differences in perception versus reality c) differences in values.
Despite their differences, with which proposition are two economists chosen at random most liekly to agree?
a) Minimum wage laws do more to harm low-skilled workers than help them.
b) Tariffs and import quotas generally reduce economic welfare.
c) Lawyers make up an excessive percentage of elected officials.

If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?

Match the steps for conducting an informational interview with the tasks in each step.

Alpha company uses the periodic inventory system for purchase & sales of merchandise. discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. unless otherwise noted, fob destination will apply to all purchases & sales. the value of inventory is based on periodic system. on january 1, 2016, beginning inventory consisted of 350 units of widgets costing $10 each. alpha prepares monthly income statements. the following events occurred during the month of jan.: dateactivitya.jan. 3purchased on account 350 widgets for $11 each.b.jan. 5sold on account 400 widgets for $30 each. paid freight out with petty cash of $150.c.jan. 10purchased on account 625 widgets for $12 each.d.jan. 11shipping cost for the january 10 purchased merchandise was $400 was paid with a cheque by alpha directly to the freight company.e.jan. 12returned 50 widgets received from jan. 10 purchase as they were not the correct item ordered.f.jan. 13paid for the purchases made on jan. 3.g.jan. 21sold on account 550 widgets for $30 each. paid freight out with petty cash of $250.h.jan. 22authorize credit without return of goods for 50 widgets sold on jan. 21 when customer advised that they were received in defective condition.i.jan. 25received payment for the sale made on jan. 5.j.jan. 26paid for the purchases made on jan. 10.k.jan. 31received payment for the sale made on jan. 21.use this information to prepare the general journal entries (without explanation) for the january events. if no entry is required then enter the date and write "no entry required."