Helmers corporation manufactures a single product. variable costing net operating income last year was $101,000 and this year was $121,000. last year, $37,600 in fixed manufacturing overhead costs were released from inventory under absorption costing. this year, $14,100 in fixed manufacturing overhead costs were deferred in inventory under absorption costing.

what was the absorption costing net operating income last year?
a.$63,400
b.$138,600
c.$106,900
d.$101,000

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

Kevin and jenny, who are both working full-time, have three children all under the age of ten. the two youngest children, who are three and five years old, attended eastside pre-school for a total cost of $3,000. ervin, who is nine, attended big kid daycare after school at a cost of $2,000. jenny has earned income of $15,000 and kevin earns $14,000. what amount of childcare expenses should be used to determine the child and dependent care credit?

What is the sequence of events that could lead to trade surplus