The trial balance for K and J Nursery, Inc., listed the following account balances at December 31, 2021, the end of its fiscal year: cash, $36,000; accounts receivable, $31,000; inventory, $45,000; equipment (net), $100,000; accounts payable, $34,000; salaries payable, $15,000; interest payable, $11,000; notes payable (due in 18 months), $50,000; common stock, $90,000. Prepare a classified balance sheet for K and J Nursery, Inc. The equipment originally cost $185,000. (Amounts to be deducted should be indicated by a minus sign.)

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e. g. -15,000 or parentheses e. g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Storico co. just paid a dividend of $3.15 per share. the company will increase its dividend by 20 percent next year and then reduce its dividend growth rate by 5 percentage points per year until it reaches the industry average of 5 percent dividend growth, after which the company will keep a constant growth rate forever. if the required return on the company’s stock is 12 percent, what will a share of stock sell for today?

If a society decides to produce consumer goods from its available resources, it is answering the basic economic question