Sarah Allen started her own consulting firm, Blossom Consulting, on May 1, 2020. The following transactions occurred during the month of May. May 1 Trixie invested $8,000 cash in the business.
2 Paid $850 for office rent for the month.
3 Purchased $500 of supplies on account.
5 Paid $170 to advertise in the County News.
9 Received $4,300 cash for services performed.
12 Withdrew $1,200 cash for personal use.
15 Performed $5,000 of services on account.
17 Paid $2,400 for employee salaries.
20 Made a partial payment of $300 for the supplies purchased on account on May 3.
23 Received a cash payment of $4,300 for services performed on account on May 15.
26 Borrowed $4,800 from the bank on a note payable.
29 Purchased equipment for $4,300 on account.
30 Paid $250 for utilities.
Assets
Accounts
Receivable
MATRIX CONSULTING
Liabilities
Notes
Payable
i
Accounts
Payable
Date
Cash
Supplies
Equipment
Expens

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?

Eagle sporting goods reported the following data at july ​31, 2016​, with amounts adapted in​ thousands: ​(click the icon to view the income​ statement.) ​(click the icon to view the statement of retained​ earnings.) ​(click the icon to view the balance​ sheet.) 1. compute eagle​'s net working capital. 2. compute eagle​'s current ratio. round to two decimal places. 3. compute eagle​'s debt ratio. round to two decimal places. do these values and ratios look​ strong, weak or​ middle-of-the-road? 1. compute eagle​'s net working capital. total current assets - total current liabilities = net working capital 99400 - 30000 = 69400 2. compute eagle​'s current ratio. ​(round answer to two decimal​ places.) total current assets / total current liabilities = current ratio 99400 / 30000 = 3.31 3. compute eagle​'s debt ratio. ​(round answer to two decimal​ places.) total liabilities / total assets = debt ratio 65000 / 130000 = 0.50 do these ratio values and ratios look​ strong, weak or​ middle-of-the-road? net working capital is ▾ . this means ▾ current assets exceed current liabilities current liabilities exceed current assets and is a ▾ negative positive sign. eagle​'s current ratio is considered ▾ middle-of-the-road. strong. weak. eagle​'s debt ratio is considered ▾ middle-of-the-road. strong. weak. choose from any list or enter any number in the input fields and then continue to the next question.

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)