Business

Yesterday, 05:43

At the start of the year, Northern Lights has $8,000 worth of merchandise. What do we know about Northern Lights?

A. the company ended with a net income last year.

B. It's a retail business.

C. It's a service business

D. The company ended with a net loss last year.

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “At the start of the year, Northern Lights has $8,000 worth of merchandise. What do we know about Northern Lights? A. the company ended with ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

A firm produces 300 units of output at a total cost of $1,000. If fixed costs are $100, Select one: a. average total cost is $5. b. average fixed cost is $10. c. average total cost is $4. d. average variable cost is $3

Solar Shades has 6.4 million shares of common stock outstanding, 5.4 million shares of preferred stock outstanding, and 24 thousand bonds. If the common shares are selling for $29.50 per share, the preferred share are selling for $31.

A company currently has 200,000 shares issued and 190,000 shares outstanding. If the company purchases 20,000 shares of treasury stock, what amount of shares will be outstanding?

Cupola Fan Corporation issued 12%, $430,000, 10-year bonds for $412,000 on June 30, 2018. Debt issue costs were $1,800. Interest is paid semiannually on December 31 and June 30.

On may 1, newtown motors, a used-car dealer, wrote a letter to o'reilly, which stated, "we have a 1969 pontiac firebird in mint condition that we will sell you for $12,500 at any time before june 1. [signed] newtown motors.

New Questions in Business

Balance sheet and income statement data indicate the following: Bonds payable, 11% (due in 15 years) $1,023,237 Preferred 8% stock, $100 par (no change during the year) $200,000 Common stock, $50 par (no change during the year) $1,000,000 Income

The pricing function is an integral part of the companies :

A company calculates the value of inventory by using the lower-of-market valuation method. which value should the company report for the inventory item for the period?

To test an herbal treatment for acid reflux disease, 100 volunteers who suffered from mild indigestion were randomly divided into two groups. Each person was given a month's supply of tea bags.

A facility management pro forma cash flow statement has beginning accounts receivable and payable balances of ¥18,000,000 (Japanese Yen) and ¥20,000,000.