Presented below are selected account balances for Kingbird Co. as of December 31, 2020. Inventory 12/31/20 $60,590 Cost of Goods Sold $222,569 Common Stock 75,640 Selling Expenses 16,239 Retained Earnings 44,230 Administrative Expenses 37,517 Dividends 18,205 Income Tax Expense 29,700 Sales Returns and Allowances 12,072 Sales Discounts 15,180 Sales Revenue 412,260 Prepare closing entries for Kingbird Co. on December 31, 2020.

Conner enterprises issued $120,000 of 10%, 5-year bonds with interest payable semi annually. determine the issue price of the bonds are priced to yield (a) 10%, (b) 8%, and (c) 12%. use financial calculator or excel to calculate answers. round answers to the nearest whole number.

Write two goals for yourself that will aid you in pursuing your post-secondary education or training. with this

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year. a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs. b. calculate the eoq. c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?