A US pharmaceutical company has claimed for years that their medication would cure headaches, but they were lying the entire time. The medication was nothing more than candy that they sold as medicine so they could make a high profit. What should happen to this company and why? Nothing; a company in a capitalist economy can say whatever they want as long as they make a profit. Nothing; it is the consumer’s responsibility to figure out if a product is living up to its claim and stop buying it. A punishment; unfair practices and false claims are not tolerated under government supervision. A punishment; the United States. has a laissez-faire economy except for pharmaceutical companies, which is the only market that is strictly regulated.

Corporation b reported earnings per share of $10. corporation b has 100,000 shares of common stock outstanding and reported an increase in owners' equity of $400,000 for the period. corporation b paid $50,000 in interest expense during the period. corporation b paid dividends per share of

Which of the following statements accurately describes how costs and benefits are calculated?

James albemarle created a trust fund at the beginning of 2016. the income from this fund will go to his son edward. when edward reaches the age of 25, the principal of the fund will be conveyed to united charities of cleveland. mr. albemarle specified that 75 percent of trustee fees are to be paid from principal. terry jones, cpa, is the trustee. james albemarle transferred cash of $500,000, stocks worth $400,000, and rental property valued at $250,000 to the trustee of this fund. immediately invested cash of $360,000 in bonds issued by the u.s. government. commissions of $7,900 are paid on this transaction. incurred permanent repairs of $9,000 so that the property can be rented. payment is made immediately. received dividends of $8,000. of this amount, $3,000 had been declared prior to the creation of the trust fund. paid insurance expense of $4,000 on the rental property. received rental income of $10,000. paid $8,000 from the trust for trustee services rendered. conveyed cash of $7,000 to edward albemarle.