Below are the year-end balance sheets for wolken enterprises: assets: 2015 2014cash $ 200,000 $ 170,000accounts receivable 864,000 700,000inventories 2,000,000 1,400,000total current assets $3,064,000 $2,270,000net fixed assets 6,000,000 5,600,000total assets $9,064,000 $7,870,000liabilities and equity: accounts payable $1,400,000 $1,090,000notes payable 1,600,000 1,800,000total current liabilitiy $3,000,000 $2,890,000long-term debt 2,400,000 2,400,000common stock 3,000,000 2,000,000retained earnings 664,000 580,000total common equity $3,664,000 $2,580,000total liabilities and equity$9,064,000 $7,870,000wolken has never paid a dividend on its common stock, and it issued $2,400,000 of 10-year non-callable, long-term debt in 2014. as of the end of 2015, none of the principal on this debt had been repaid. assume that the company's sales in 2014 and 2015 were the same. which of the following statements must be correct? (a) wolken had negative net income in 2015. (b) wolken repurchased some common stock in 2015. (c) wolken issued new common stock in 2015. (d) wolken issued long-term debt in 2015. (e) wolken increased its short-term bank debt in 2015.
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Business, 22.06.2019 09:30, linnybear300
Any point on a country's production possibilities frontier represents a combination of two goods that an economy:
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Business, 22.06.2019 14:50, kianofou853
Ann chovies, owner of the perfect pasta pizza parlor, uses 20 pounds of pepperoni each day in preparing pizzas. order costs for pepperoni are $10.00 per order, and carrying costs are 4 cents per pound per day. lead time for each order is three days, and the pepperoni itself costs $3.00 per pound. if she were to order 80 pounds of pepperoni at a time, what would be the average inventory level?
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Business, 22.06.2019 14:50, 2020EIglesias180
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
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Below are the year-end balance sheets for wolken enterprises: assets: 2015 2014cash $ 200,000 $ 170...
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