The Timberland Lumber Company had the following historical accounting data, per 100 board feet, concerning one of its products in the Sawmill Division:

The historical data is based on an average volume per period of 20,000 board feet. The shelving is normally transferred internally from the Sawmill Division to the Finishing Division. Timberland may also sell the shelving externally for $90 per 100 board feet. The divisions are taxed at identical rates.

Which of the following transfer pricing methods would lead to the highest Finishing Division income if 10,000 board feet are produced and transferred in entirety this period from Sawmill to Finishing?

Pioneer Trucking Company, which leases trucks to oilfield workers to move their equipment, recently purchased a truck. The sticker price of the truck was $52,000 and the company paid $47,500. Pioneer also paid sales tax of $3,500 on the purchase, shipping and preparation costs of $4,500, and insurance for the first year of operation of $5,500. At what amount should Pioneer debit to the truck account in their general journal?

Multiple Choice

• $52,000.

• $47,500.

• $52,000.

• $55,500.

Talcville Farms just paid a dividend of $3.52 on its stock. The growth rate in dividends is expected to be a constant 6.6% per year indefinitely. Investors require a 16.6% return on the stock for the first three years, a 14.6 % return for the next three years, and an 12.6% return thereafter. What is the current share price? (Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit $ sign in your response.)

Compared with Canada, Germany, and the U.K., the U.S. ranks first in the stock of medical technologies such as magnetic resonance imaging (MRI), radiation therapy, and cardiac catheterization. Typically, technological advancement is thought to reduce costs and thus leading to lower prices in most markets. However, in U.S. health care markets, technological improvements are cited as one of the reasons for price increases. Briefly explain this seemingly contradictory phenomena using supply and demand analysis.

Rob decided to by a bond with a face value of 1000, coupon rate of 10% which is paid out annually, with a maturity of 6 years. Rob invests the coupon for the first year at 8 percent for a year and sells the bond after receiving the 2nd years coupon is received. At time equals 2, the bonds yield to maturity is 9.5 percent. If Rob earned an annualized 14% return on this what was the purchase price fo this bond

The Fed has the twin mandates of achieving both high employment and keeping low inflation. Many central banks only have price stability as the primary goal. Given its control of the money supply, they will have more influence in that area. When the economy experiences stagflation, the policies for lowering unemployment and lowering inflation are contradictory. If this situation were to occur, which one do you think the Fed should focus on first?

Using the normal graphs of basic micro-economics, please trace through the expected relative price and employment impacts of a single family detached housing subsidy to the poor in the markets for:
 
 Single family detached Homes,
 Carpenters,
 Glass,
 iPods,
 Beer,
 Purchases of restaurant meals by the rich.
 First-class air tickets from San Francisco to Paris
 The Audi R8 (This is a cool sports car on a Formula One racing frame.)

Using the normal graphs of basic micro-economics, please trace through the expected relative price and employment impacts of a single family detached housing subsidy to the poor in the markets for:
 
 Single family detached Homes,
 Carpenters,
 Glass,
 iPods,
 Beer,
 Purchases of restaurant meals by the rich.
 First-class air tickets from San Francisco to Paris
 The Audi R8 (This is a cool sports car on a Formula One racing frame.)

Using the normal graphs of basic micro-economics, please trace through the expected relative price and employment impacts of a single family detached housing subsidy to the poor in the markets for:
 
 Single family detached Homes,
 Carpenters,
 Glass,
 iPods,
 Beer,
 Purchases of restaurant meals by the rich.
 First-class air tickets from San Francisco to Paris
 The Audi R8 (This is a cool sports car on a Formula One racing frame.)