XYZ Inc., manufactures and sells two products: Product N6 and Product N7. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity
Activity cost pools Activity measures Overhead cost Product E8 Product R4 Total
Labor related DLHs 201,707 4,800 4,500 9,300
Machine setups setups 69,020 400 300 700
General factory MHs 140,553 3,300 3,000 6,300
411,290

The activity rate for the Machine Setups activity cost pool is closest to:

a. $46.85 per setup
b. $98.60 per setup
c. $42.59 per setup
d. $65.28 per setup

Jen heard that the bank where she kept her money was going to close for good. jen said she wasn't worried

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy. year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period. required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.

Anderson farms, inc. provided the following for 2018: cost of goods sold (cost of sales)$1,300,000beginning merchandise inventory340,000ending merchandise inventory630,000calculate the company's inventory turnover ratio for the year. (round your answer to two decimal places.)