A company has $72,500 of inventory at the beginning of the year and $65,500 at the end of the year. sales revenue is $986,400, cost of goods sold is $572,700, and net income is $124,200 for the year. the inventory turnover ratio is closest to:

Smart Stream Inc. uses the product cost concept of applying the cost-plus approach to product pricing.

Suppose the real risk-free rate is 4.20%, the average expected future inflation rate is 2.50%, and a maturity risk premium of 0.10% per year to maturity applies, i. e., MRP = 0.

Republican advertisements about Representative Adam Johnson, the Democratic candidate, portray him as lazy, dishonest, and poor at his job. At the same time, the Democratic ads for Adam Johnson describe him as a caring, honest, hard worker.

If products A and B are complements and the price of B decreases, the Multiple Choice demand for A will increase and the quantity of B demanded will increase. demand for A will decline and the demand for B will increase.

What is revolving credit? A. Credit when the borrower makes regular monthly payments B. Credit that requires payment in full on a specific date C. Credit that is paid all at once, in a single payment D.

If bond interest expense is $800,000, bond interest payable increased by $8,000 and bond discount decreased by $2,000, cash paid for bond interest is: a.$790,000. b.$784,000. c.$806,000. d.$910,000.

Peter calls his friend Lily to borrow $500. On the side of a box, Peter writes and signs a note stating he will pay back the $500 as long as Lily allows him to use her car until he gets a job.

The most recent financial statements for Alexander Co. are shown here: Income Statement Balance Sheet Sales $ 42,800 Current assets $ 17,500 Long-term debt $ 37,000 Costs 35,500 Fixed assets 68,300 Equity 48,800 Taxable income $ 7,300 Total $ 85,800

Steps that explain exactly what you are going to do to reach your goal are called

The following information is available for Splish Brothers Corp. for the year ended December 31, 2022.