Advertising department expenses of $75,000 and purchasing department expenses of $58,300 of cozy bookstore are allocated to operating departments on the basis of dollar sales and purchase orders, respectively. information about the allocation bases for the three operating departments follows.

department sales purchase orders
books $ 150,000 1,680
magazines 84,000 945
newspapers 66,000 875

total $ 300,000 3,500

complete the following table by allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments.

Balances for each of the following accounts appear in an adjusted trial balance. identify each as an asset, liability, revenue, or expense. 1. accounts receivable 2. equipment 3. fees earned 4. insurance expense 5. prepaid advertising 6. prepaid rent 7. rent revenue 8. salary expense 9. salary payable 10. supplies 11. supplies expense 12. unearned rent

Jamie is saving for a trip to europe. she has an existing savings account that earns 3 percent annual interest and has a current balance of $4,200. jamie doesn’t want to use her current savings for vacation, so she decides to borrow the $1,600 she needs for travel expenses. she will repay the loan in exactly one year. the annual interest rate is 6 percent. a. if jamie were to withdraw the $1,600 from her savings account to finance the trip, how much interest would she forgo? .b. if jamie borrows the $1,600 how much will she pay in interest? c. how much does the trip cost her if she borrows rather than dip into her savings?

In 1975, mcdonald’s introduced its egg mcmuffin breakfast sandwich, which remains popular and profitable today. this longevity illustrates the idea of: