Oriole company's trial balance reflected the following account balances at december 31, 2017: accounts receivable (net) $39000 trading securities 13000 accumulated depreciation on equipment and furniture 31000 cash 34000 inventory 59000 equipment 51000 patent 8500 prepaid expenses 4300 land held for future business site 36500 in oriole’s december 31, 2017 balance sheet, the current assets total is

The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure

Suppose an economy consists of three sectors: energy (e), manufacturing (m), and agriculture (a). sector e sells 70% of its output to m and 30% to a. sector m sells 30% of its output to e, 50% to a, and retains the rest. sector a sells 15% of its output to e, 30% to m, and retains the rest.

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)