You are given the following information for Ted's Dread Co.: sales = $81,100; costs = $57,300; addition to retained earnings = $7,300; dividends paid = $3,260; interest expense = $2,970; tax rate = 24 percent. Calculate the depreciation expense for the company.

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)

The adjusted trial balance for china tea company at december 31, 2018, is presented below:

What provides financial support to workers who are retired or have disabilities? medicare social security tax withholdings medicaid