1) 5Square Tax Services earned fees of $92,000 during 2017. For the year it had the following expenses: Salary Expense, $50,000; Interest Expense, $1,200; Supplies
Expense, $2,300; Insurance Expense, $10,000; Advertising Expense, $2,500; and
Depreciation Expense, $3,750. The company has a calendar year end. What is the Net
Profit at end of calendar year?

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.

Adding a complementary product to what is currently being produced is a demand management strategy used when: a. capacity exceeds demand for a product that has stable demand. b. price increases have failed to bring about demand management. c. demand exceeds capacity. d. demand exceeds 100 percent. e. the existing product has seasonal or cyclical demand.

Determine allison's december 31, 2018, investment in mathias balance.