Jimmitz Inc. is a subsidiary of Krocker Gear. Jimmitz sells shoe accessories to Krocker at a 25% markup on cost. Information on these intercompany merchandise transactions is below: Inventory balance on Krocker’s books, purchased from Jimmitz, January 1, 2020 $11,250 Inventory balance on Krocker’s books, purchased from Jimmitz, December 31, 2020 10,250 Total sales revenue recorded by Jimmitz on merchandise sales to Krocker in 2020 1,500,000 Required a. Prepare the working paper eliminating entries related to these intercompany transactions at December 31, 2020. Description Debit Credit Answer Answer 2250 Answer 0 Answer Answer 0 Answer 2250 To eliminate the intercompany profit from Krocker's beg. Inventory. Answer Answer 1500000 Answer 0 Answer Answer 0 Answer 1500000 To eliminate intercompany sales and purchases. Answer Answer 2050 Answer 0 Answer Answer 0 Answer 2050 To eliminate the intercompany profit from Krocker’s ending inventory. b. Krocker sold shoes containing Jimmitz

The following balance sheet for the los gatos corporation was prepared by a recently hired accountant. in reviewing the statement you notice several errors. los gatos corporation balance sheet at december 31, 2018 assets cash $ 44,000 accounts receivable 86,000 inventories 57,000 machinery (net) 122,000 franchise (net) 32,000 total assets $ 341,000 liabilities and shareholders' equity accounts payable $ 54,000 allowance for uncollectible accounts 7,000 note payable 59,000 bonds payable 112,000 shareholders' equity 109,000 total liabilities and shareholders' equity $ 341,000 additional information: cash includes a $22,000 restricted amount to be used for repayment of the bonds payable in 2022. the cost of the machinery is $194,000. accounts receivable includes a $22,000 note receivable from a customer due in 2021. the note payable includes accrued interest of $7,000. principal and interest are both due on february 1, 2019. the company began operations in 2013. income less dividends since inception of the company totals $37,000. 52,000 shares of no par common stock were issued in 2013. 200,000 shares are authorized. required: prepare a corrected, classified balance sheet. (amounts to be deducted should be indicated by a minus sign.)

Suppose that real interest rates increase across europe. this development will u. s. net capital outflow at all u. s. real interest rates. this causes the loanable funds to because net capital outflow is a component of that curve.

Which change is illustrated by the shift taking place on this graph? a decrease in supply an increase in supply o an increase in demand o a decrease in demand