After an analysis of Lion/Bear, Inc., Karl O’Grady has concluded that the firm will face financial difficulty within a year. The stock is currently selling for $5 and O’Grady wants to sell it short. His broker is willing to execute the transaction but only if O’Grady puts up cash as collateral equal to the amount of the short sale. If O’Grady does sell the stock short, what is the percentage return he loses if the price of the stock rises to $7? What would be the percentage return if the firm went bankrupt and folded?

For each of the following users of financial accounting information and managerial accounting information, specify whether the user would primarily use financial accounting information or managerial accounting information or both: 1. sec examiner 2. bookkeeping department 3. division controller 4. external auditor (public accounting firm) 5. loan officer at the company's bank 6. state tax agency auditor 7. board of directors 8. manager of the service department 9. wall street analyst 10. internal auditor 11. potential investors 12, current stockholders 13. reporter from the wall street journal 14. regional division managers

Why are there so many types of diversion programs for juveniles

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