You returned to your office after going to lunch. You asked your assistant if you had received any calls while you were out. Your assistant handed you five phone messages. You said, "Thank you" and walked back to your office. You logged on to your computer and found you had 35 unread emails. You opened a message from a supplier asking if you were free at 4:00 p. m. for a conference call. You responded with a one-word reply: "Yes." As you clicked "Send," you received a text message from your supervisor asking whether you could join her in the conference room, and Kim, one of your best employees, approached you looking upset. You said to Kim, "Please come in, and close the door behind you." She told you that one of your most important customers had just called and was unhappy. 1. In the preceding scenario, which persons did you respond to?
A. The person you had lunch with.
B. Your supplier.
C. Kim.
D. Your supervisor.
E. Your assistant.
2. In the preceding scenario, at what point did you respond to a message sender?
A. When you emailed the supplier.
B. When you logged on to your computer
C. When your assistant handed you the phone messages.
D. When you read the text message from your supervisor.

Bridgeport company began operations at the beginning of 2018. the following information pertains to this company. 1. pretax financial income for 2018 is $115,000. 2. the tax rate enacted for 2018 and future years is 40%. 3. differences between the 2018 income statement and tax return are listed below: (a) warranty expense accrued for financial reporting purposes amounts to $7,500. warranty deductions per the tax return amount to $2,200. (b) gross profit on construction contracts using the percentage-of-completion method per books amounts to $94,700. gross profit on construction contracts for tax purposes amounts to $67,100. (c) depreciation of property, plant, and equipment for financial reporting purposes amounts to $61,800. depreciation of these assets amounts to $75,700 for the tax return. (d) a $3,600 fine paid for violation of pollution laws was deducted in computing pretax financial income. (e) interest revenue recognized on an investment in tax-exempt municipal bonds amounts to $1,500. 4. taxable income is expected for the next few years. (assume (a) is short-term in nature; assume (b) and (c) are long-term in nature.) (a) prepare the reconciliation schedule for 2017 and future years. (b) prepare the journal entry to record income tax expense for 2017. (c) prepare the income tax expense section of the income statement beginning with “income before income taxes.” (d) determine how the deferred taxes will appear on the balance sheet at the end of 2017.

Dakota products has a production budget as follows: may, 16,000 units; june, 19,000 units; and july, 24,000 units. each unit requires 3 pounds of raw material and 2 direct labor hours. dakota desires to keep an inventory of 10% of the next month’s requirements on hand. on may, 1 there were 4,800 pounds of raw material in inventory. direct labor hours required in may would be:

Which of the statements best describes why the aggregate demand curve is downward sloping? an increase in the aggregate price level causes consumer and investment spending to fall, because consumer purchasing power decreases and money demand increases. as the aggregate price level increases, consumer expectations about the future change. as the aggregate price level decreases, the stock of existing physical capital increases. as a good's price increases, holding all else constant, the good's quantity demanded decreases.