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sales budget has been prepared for April. Management wants the amount of ending inventory each month to be equal to 10% of that month's cost of goods sold. Cost of goods sold for April is projected at $60,000. Ending inventory at the end of March is expected to be $12,000. Based on this information, what would be the amount of purchases be for April
a. 62,000
b. 48,000
c. 66,000
d. 54,000
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At December 31, 2010, the land's value has increased to $93,000. Explain what amount should be reported for land on Karen Sommers's balance sheet at December 31, 2010?
Using the FDIC website, access a UBPR for U.S. bank. Also, access the summary of deposits for their MSA, county and/or state (Illinois) to get an idea of where the bank sits in comparison to the local competition. Is this bank performing well compare..
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