Watson Company produces sunglasses. The price and cost information are as follows: Selling price per unit $14/unit Variable Manufacturing Costs (DM, DL, VOH) $3/unit Variable Operating Expenses $2/unit Fixed manufacturing overhead $121,000 Fixed operating expenses $86,000 Wellington Corp. has offered Watson $4 per unit for a special order of 5,500 sunglasses. Acceptance of the special order will not increase Watson's variable operating expenses, and fixed costs would remain unchanged. Watson has available capacity to fulfill the order. Should Watson accept the special order?A. Yes, accepting the special order would increase its operating income by $60,500
B. No, accepting the special order would decrease its operating income by $5,500
C. No, accepting the special order would decrease its operating income by $60,500
D. Yes, accepting the special order would increase its operating income by $5,500

Show the changes to the t-accounts for the federal reserve and for commercial banks when the federal reserve buys $50 million in u. s. treasury bills. if the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), the minimum reserve ratio is 10%, and banks hold no excess reserves, by how much will deposits in the commercial banks change? by how much will the money supply change? show the final changes to the t-account for commercial banks when the money supply changes by this amount.

9. tax types: taxes are classified based on whether they are applied directly to income, called direct taxes, or to some other measurable performance characteristic of the firm, called indirect taxes. identify each of the following as a “direct tax,” an “indirect tax,” or something else: a. corporate income tax paid by a japanese subsidiary on its operating income b. royalties paid to saudi arabia for oil extracted and shipped to world markets c. interest received by a u. s. parent on bank deposits held in london d. interest received by a u. s. parent on a loan to a subsidiary in mexico e. principal repayment received by u. s. parent from belgium on a loan to a wholly owned subsidiary in belgium f. excise tax paid on cigarettes manufactured and sold within the united states g. property taxes paid on the corporate headquarters building in seattle h. a direct contribution to the international committee of the red cross for refugee relief i. deferred income tax, shown as a deduction on the u. s. parent’s consolidated income tax j. withholding taxes withheld by germany on dividends paid to a united kingdom parent corporation

A. j. was a newly hired attorney for idle time gaming, inc. even though he reported directly to the president of the company, a. j. noticed that the president always had time to converse with the director of sales, calling on him to get a pulse on legal/regulatory issues that, as the company attorney, a. j. could have probably handled. a. j. also noted that the hr manager’s administrative assistant was the go-to person for a number of things that would make life easier at work. a. j. was recognizing the culture at idle time gaming.