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Steve, an entrepreneur, decides to open a flower shop and looks for an appropriate location for his shop. He wants to use the center-of-gravity method for the purpose. He researches the zip codes in his area and finds the following information:Identify a true statement about the best center of gravity for the possible shop location.
a. The x-axis and the y-axis are less than 5.0.
b. The x-axis is less than 7.0 and the y-axis is more than 7.0.
c. The x-axis is more than 7.0 and the y-axis is less than 7.0.
d. The x-axis and the y-axis are higher than 5.0 and less than 7.0.
e. The x-axis and the y-axis are more than 7.0.
d. The x-axis and the y-axis are higher than 5.0 and less than 7.0.

Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Juniper company, inc. uses a perpetual inventory system. the company purchased $9,750 of merchandise on august 7 with terms 1/10, n/30. on august 11, it returned $1,500 worth of merchandise. on august 16, it paid the full amount due. the correct journal entry to record the payment on august 16 is: