Common-size and trend percents for rustynail company's sales, cost of goods sold, and expenses follow. common-size percents trend percents 2017 2016 2015 2017 2016 2015 sales 100.0 % 100.0 % 100.0 % 105.4 % 104.2 % 100.0 % cost of goods sold 63.4 61.9 59.1 113.1 109.1 100.0 operating expenses 15.3 14.8 15.1 106.8 102.1 100.0 determine the net income for the following years. (enter all amounts as positive values.)

Oakmont company has an opportunity to manufacture and sell a new product for a four-year period. the company’s discount rate is 18%. after careful study, oakmont estimated the following costs and revenues for the new product: cost of equipment needed $ 230,000 working capital needed $ 84,000 overhaul of the equipment in year two $ 9,000 salvage value of the equipment in four years $ 12,000 annual revenues and costs: sales revenues $ 400,000 variable expenses $ 195,000 fixed out-of-pocket operating costs $ 85,000 when the project concludes in four years the working capital will be released for investment elsewhere within the company. click here to view exhibit 12b-1 and exhibit 12b-2, to determine the appropriate discount factor(s) using tables.

Which of the following is not a characteristic of a weak economy? a. a low employment rateb. a high inflation ratec. a decreased gdpd. a high unemployment rate

As a general rule, when accountants calculate profit they account for explicit costs but usually ignorea. certain outlays of money by the firm. b. implicit costs. c. operating costs. d. fixed costs.