The records of ellen's boutique report the following data for the month of april. sales revenue $96,900 purchases (at cost) $64,000sales returns 3,000 purchases (at sales price) 95,700markups 12,600 purchase returns (at cost) 3,000markup cancellations 1,800 purchase returns (at sales price) 4,200markdowns 9,500 beginning inventory (at cost) 40,863markdown cancellations 3,700 beginning inventory (at sales price) 50,400freight on purchases 3,500
compute the ending inventory by the conventional retail inventory method.

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Read the following paragraph, and choose the best revision for one of its sentences. dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.