Sparks furniture company carries three lines of sofas. information about the sofa inventory as of the end of its most recent fiscal year follows. if lcm/nrv is applied to each separate product line, what is the amount of the adjustment that must be made to the company's inventory?

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?

Why is investing in a mutual fund less risky than investing in a particular company’s stock?

What do you think: would it be more profitable to own 200 shares of penny’s pickles or 1 share of exxon? why do you think that?