1. StandTallandProsper (STP) is a small publishing company that creates, prints, and sells super hero comic books. For the first few years, sales were at a level that
allowed the owner, Drew, and his two employees to easily move the boxes of paper
and finished books around by themselves. Now Drew has 30 employees and brings
in large pallets of paper and sends out large pallets full of comic books. So far, the
company has relied on the paper and transport companies' forklifts to handle the
pallets. Given the number of employees, pallets are often in the way when neither
company is there to assist in moving them. Drew has decided that, even though it
will get light use, it is a good idea for STP to have its own forklift to move pallets out
of the way onto the heavy duty shelves that were in the warehouse when STP moved
in.
a. Drew considered leasing the forklift, but decided to buy it instead. Identify one
advantage for Drew to purchase a forklift and one disadvantage for Drew to
purchase a forklift. (1 point)

Consider how health insurance affects the quantity of health care services performed. suppose that the typical medical procedure has a cost of $160, yet a person with health insurance pays only $40 out of pocket. her insurance company pays the remaining $120. (the insurance company recoups the $120 through premiums, but the premium a person pays does not depend on how many procedures that person chooses to undergo.) consider the following demand curve in the market for medical care. use the black point (plus symbol) to indicate the quantity of procedures demanded if each procedure has a price of $160. then use the grey point (star symbol) to indicate the quantity of procedures demanded if each procedure has a price of $40. q d at p=$160 q d at p=$40 0 10 20 30 40 50 60 70 80 90 100 200 180 160 140 120 100 80 60 40 20 0 price of medical procedures quantity of medical procedures demand if the cost of each procedure to society is truly $160, the quantity that maximizes total surplus is procedures. economists often blame the health insurance system for excessive use of medical care. given your analysis, the use of care might be viewed as excessive because consumers get procedures whose value is than the cost of producing them.

Acorporation a. can use different depreciation methods for tax and financial reporting purposes b. must use the straight - line depreciation method for tax purposes and double declining depreciation method financial reporting purposes c. must use different depreciation method for tax purposes, but strictly mandated depreciation methods for financial reporting purposes d. can use straight- line depreciation method for tax purposes and macrs depreciation method financial reporting purposes

Randall's, inc. has 20,000 shares of stock outstanding with a par value of $1.00 per share. the market value is $12 per share. the balance sheet shows $42,000 in the capital in excess of par account, $20,000 in the common stock account, and $50,500 in the retained earnings account. the firm just announced a 5 percent (small) stock dividend. what will the balance in the retained earnings account be after the dividend?