Reference no: EM13258582
Prepare an Income Statement through gross profit for the year ended December 31, 2007.
At the end of Company A's fiscal year on December 31, 2007, these accounts appeared in its adjusted trial balance.
Freight-in $ 5,600
Merchandise Inventory(beginning) 40,500
Purchases 446,000
Purchase Discounts 12,000
Purchase Returns andAllowances 6,400
Sales 727,000
Sales Returns and Allowances 8,000
Additional Facts:
1. Merchandise inventory on December 31,2007 is $71,000.
2. Note that Company A uses a periodic system.
|
Calculate poissons ratio of the block
: If you could present a step by step process that would be great for my studies. A block of material is machined as a cube with edge length equal to 10 cm at room temperature.
|
|
Calculate the dollar amount of ending inventory
: Calculate the dollar amount of ending inventory shown on ABCCompany's May 31 balance sheet using the FIFO method. Do not use decimals in your answer.
|
|
What will be its rotation rate at the end
: The disk in a CD player does not rotate at a constant rate, but spins at a rate determined by a control circuit so that the linear speed of the track being read is constant, what will be its rotation rate at the end
|
|
Explain what is the vapor pressure at 109c
: A liquid has a change in enthalpy of vaporization of 35.0Kj/mol and a boiling point of 137c . what is the vapor pressure at 109c
|
|
Income statement through gross profit
: Prepare an Income Statement through gross profit for the year endedDecember 31, 2007.
|
|
What is the company inventory turnover ratio
: Napa Vineyards has sales of $843,000, a gross profit margin of 0.378, and inventory of $176,000. What is the company's inventory turnover ratio?
|
|
What was the peak current that would flow through the person
: Assume the resistance of a human person was 500 ohms, if a person was struck by lightning with a peak voltage of 100,000 volts, what was the peak current that would flow through the person
|
|
With what angular speed is stick spinning after collision
: A uniform stick 1.4 m long with a total mass of 300 g is pivoted at its center. With what angular speed is the stick spinning after the collision?
|
|
Explain the effective rate constant of the reaction k
: Derive the relationship that the effective rate constant of the reaction K is the same as (d[P]/dT)/([A][B]) takes the form k= k2 exp(-deltaG/RT) Where deltaG(these deltaG are with double dagger )is the standard free energy difference between the ..
|