Woodpecker co. has $296,000 in accounts receivable on january 1. budgeted sales for january are $860,000. woodpecker co. expects to sell 20% of its merchandise for cash. of the remaining 80% of sales on account, 75% are expected to be collected in the month of sale and the remainder the following month. the january cash collections from sales are a. $468,000 b. $812,000 c. $984,000 d. $688,000

Connors academy reported inventory in the 2017 year-end balance sheet, using the fifo method, as $154,000. in 2018, the company decided to change its inventory method to lifo. if the company had used the lifo method in 2017, the company estimates that ending inventory would have been in the range $130,000-$135,000. what adjustment would connors make for this change in inventory method?

Special order carson manufacturing, inc., sells a single product for $36 per unit. at an operating level of 8,000 units, variable costs are $18 per unit and fixed costs $10 per unit. carson has been offered a price of $20 per unit on a special order of 2,000 units by big mart discount stores, which would use its own brand name on the item. if carson accepts the order, material cost will be $3 less per unit than for regular production. however, special stamping equipment costing $4,000 would be needed to process the order; the equipment would then be discarded. assuming that volume remains within the relevant range, prepare an analysis of differential revenue and costs to determine whether carson should accept the special order. use a negative sign with answer to only indicate an income loss from special order; otherwise do not use negative signs with your answers.

What criteria does a company have to meet to be considered a monopoly?