Martinez Company's ending inventory includes the following items. ProductUnitsCost per UnitMarket per UnitHelmets27 $55 $59 Bats20 83 77 Shoes41 100 96 Uniforms45 41 41 Compute the lower of cost or market for ending inventory applied separately to each product.

At the end of the year, blossom co. has pretax financial income of $561,000. included in the $561,000 is $73,000 interest income on municipal bonds, $25,000 fine for dumping hazardous waste, and depreciation of $64,400. depreciation for tax purposes is $48,300. compute income taxes payable, assuming the tax rate is 30% for all periods.

You wish to buy a cabin in 15 years. today, the cabin costs $150,000. you believe the price of the cabin will inflate at 4% annually. you want to invest a single amount of money (lump sum) today and have the money grow to equal the future purchase price of the cabin 15 years from now. if you can earn 10% annually on your investments, how much do you need to invest now, in order to be able to purchase the cabin?

What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit