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A Dean at a local university is concerned that male and female faculty in her school are not being paid equally for holding the same rank of professor. She assembles a dataset of the salaries for all of the faculty in her school and asks you to analyze the data to see if there is a difference in salaries that can be explained by gender after controlling for various differences between faculty.
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A company purchased a marketable security for $10,000 on 3/3/2013. On 3/30/2013, the company prepared its financial statements and marked the security to its market value, which was $17,500. The security was sold on 4/30/2013 for $15,000. The company used the Available-for-Sale method to account for the security. The statutory tax rate is 35%.
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