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Use the following information to prepare a budgeted balance stitch corporation at march 31 .Show computation for the cash and owners's equity ammounts. ______ + _______ - = equity ____ + ______ - = Prepare the assets section of the balance sheet , then prepare the liablities and owner's equity section. a. march 31 inventory balance , $16,660. b. march payments for inventory $ 4,700 c. march payments for accounts payable and accrued liabilities , $ 8 ,300. d. march 31 account payable balance , $2,200. e.february 28 furniture and fixture balance, 34,700; accumulated depreciation balance , $29880 f. february 28 owners' equity, $28,520. g. march depreciation expenses, $900 h. cost of goods sold, 50% of sales i. other march expenses, including income tax, total 7,000; paid in cash. j. february 28 cash balance $11,300. k. march budgeted sales $12,400 i, march 31 account receivable balance one - fourth of march sales m. march cash receipts $14,100
Explain what are the implications of this for the relative stability or instability of the prices of pork and lamb compared with other foodstuffs.
A firm that sells an economics book faces a demand curve: Calculate how many economics books will be demanded from the first firm and how many chemistry books will be demanded from the second firm. Calculate the point price elasticities of demand for..
The null hypothesis regarding a contingency table with 6 rows and 4 columns should be rejected (at 95% confidence) if the test statistic is greater than
external benefit generated by sale of marginal widget is $100, regardless of how many widgets are purchased.
Suppose there is unexpected frost weather in the sunflower area and government decided to purchase some sunflower. How will the new supply-demand graph for sunflower look like? What will happen to the price and the quantity sold?
With current technology, suppose a firm is producing 800 loaves of banana bread daily. Also assume that the least-cost combination of resources in producing those loaves is 5 units of labor, 5 units of land, 4 units of capital, and 1 unit of entrepre..
Using economic analysis and the guiding principles of sustainability, between the farmer subsidy solution and the principles of sustainability solution, justify which solution is best? Why?
Suppose two firms engage in Cournot (quantity) com- petition in a market described by the following demand curve: Q(p) = 40 − 2p. (1) Assume that the firms each have marginal costs equal to zero. Let q1 and q2 be the quantities produced by each firm ..
What would happen if no one tried to manage the business cycle? What role do you see for the executive branch of the US government managing the business cycle? How does fiscal policy work? What are its limitations?
Many country clubs and professional sports teams use a creative pricing strategy for memberships in the case of country clubs or seating in the case of professional sports. the Baltimore Ravens charge fans a one-time fee of $8,000 for a personal seat..
The reason that the increase in population growth in the 19th and 20th centuries did not lead to famine as Thomas Malthus predicted was because
Which of the following does NOT directly cause a shift in the demand curve? (the introduction of a substitute product/ frequency with which consumers purchase the product/ changes in tax)
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