Indigo corporation has these accounts at december 31: common stock, $12 par, 6,500 shares issued, $78,000; paid-in capital in excess of par value $20,000; retained earnings $45,000; and treasury stock, 600 shares, $13,200. prepare the stockholders’ equity section of the balance sheet.

Vital industries manufactured 2 comma 200 units of its product huge in the month of april. it incurred a total cost of $ 121 comma 000 during the month. out of this $ 121 comma 000, $ 46 comma 000 comprised of direct materials used in the product and the rest was incurred because of the conversion cost involved in the process. ryan had no opening or closing inventory. what will be the total cost per unit of the product, assuming conversion costs contained $ 10 comma 900 of indirect labor?

Post test question number 9 for entering the job market

Gulliver travel agencies thinks interest rates in europe are low. the firm borrows euros at 5 percent for one year. during this time period the dollar falls 11 percent against the euro. what is the effective interest rate on the loan for one year? (consider the 11 percent fall in the value of the dollar as well as the interest payment.)