ABC Company is a merchandising business. In Year 1, the business experienced the following events: 1. Acquired $1,000 cash from the issue of common stock
2. Purchased inventory for $530 cash.
3. Sold inventory costing $490 for $730.
What is the value of ABC Company's ending merchandise inventory?
a) $240
b) $490
c) $40
d) $530

Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100

Max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay semimonthly for it?

If the family’s net monthly income is 7,800 what percent of the income is spent on food clothing and housing?