Baker, Inc. had reported the following details for the year ended December 31, 2017: Net sales $25,450,000 Total assets 17,700,000 Total liabilities 10,300,000 The company's beginning total assets and liabilities were $14,400,000 and $9,200,000, respectively. Calculate the asset turnover ratio for 2017.
Answers: 3
Business, 23.06.2019 06:00, jenstets05
For each example, identify the most appropriate ctso. marilyn is a middle-school student who wants to prepare for a career in farming: pasnational ffanyfeafeajanice is a high-school student who wants to start her own business: skillsusatsapasdecaabe is a high-school student who wants to become an information technology worker: hosafcclabpanyfearene wants to teach middle-school classes: feafccladecahosa
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Business, 23.06.2019 15:00, tapiamelissa6
An unmarried person, a divorced person, or a person legally separated from his or her spouse must choose which filling status when filling a federal income tax return?
Answers: 1
Business, 23.06.2019 16:30, murtaghliam1
Circuittown commenced a gift card program in january 2018 and sold $12,150 of gift cards in january, $19,150 in february, and $18,100 in march of 2018 before discontinuing further gift card sales. during 2018, gift card redemptions were $7,850 for the january gift cards sold, $4,350 for the february cards, and $4,250 for the march cards. circuittown considers gift cards to be “broken” (not redeemable) 10 months after sale. required: 1. how much revenue will circuittown recognize with respect to january gift card sales during 2018? 2. prepare journal entries to record the sale of january gift cards, redemption of gift cards (ignore sales tax), and breakage (expiration) of gift cards. 3. how much revenue will circuittown recognize with respect to march gift card sales during 2018? 4. what liability for deferred revenue associated with gift card sales would circuittown show as of december 31, 2018?
Answers: 2
Baker, Inc. had reported the following details for the year ended December 31, 2017: Net sales $25,4...
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