Prepare financial statements (LO1-3) Tar Heel Corporation provides the following information at the end of 2021. Salaries payable to workers at the end of the year $ 2,100
Advertising expense for the year 9,200
Building that has been purchased 68,000
Supplies at the end of the year 3,400
Retained earnings 34,800
Utility expense for the year 4,800
Note payable to the bank 19,000
Service revenue recognized during the year 63,400
Salary expense for the year 25,500
Accounts payable to suppliers 6,500
Dividends paid to shareholders during the year (?)
Common stock that has been issued, including $5,000 that was issued this year 25,000
Cash remaining 4,000
Interest expense for the year 1,500
Accounts receivable from customers 12,000
Retained earnings at the beginning of the year 22,200
Required:
1. Prepare the income statement for the year ended December 31, 2021.
2. Prepare the statement of stockholders’ equity for the year ended December 31, 2021.
3. Prepare the balance sheet for the year ended December 31, 2021.

Assuming no direct factory overhead costs (i. e., inventory carry costs) and $3 million dollars in combined promotion and sales budget, the deft product manager wishes to achieve a product contribution margin of 35%. given their product currently is priced at $35.00, what would they need to limit the material and labor costs to?

Jamie lee is reviewing her finances one month later. she has provided the actual amounts paid below. use the cash budget table below to her identify the variances in her budget. each answer must have a value for the assignment to be complete. enter "0" for any unused categories. actual amounts income: monthly expenses: gross monthly salary $2,315 rent obligation $260 net monthly salary $1,740 utilities/electricity $130 savings allocation: utilities/water $10 regular savings $130 utilities/cable tv $155 rainy-day savings $20 food $160 entertainment: gas/maintenance $205 cake decorating class $90 credit card payment $25 movies with friends $50 car insurance $75 clothing $145 budgeted amounts assets: monthly expenses: checking account $1,850 rent obligation $225 emergency fund savings account $4,300 utilities/electricity $75 car $5,200 utilities/water $35 computer & ipad $1,100 utilities/cable tv $120 liabilities: food $115 student loan $6,600 gas/maintenance $95 credit card balance $1,000 credit card payment $45 income: car insurance $45 gross monthly salary $2,155 clothing $45 net monthly salary $1,580 entertainment: savings allocation: cake decorating class $90 regular savings $130 movies with friends $50 rainy day savings $20

What type of negotiating strategy requires the supplier to open its books to the purchasers? a. competitive biddingb. cost-based price modelc. price-based modeld. market-based price modele. transparent negotiations