The following is an income statement from the financial records of Peace, Love and Joy Company for the year ended December 31, 2015: Income Statement
Sales (net) $ 245,675
Cost of Goods Sold (67,500)
Gross Profit $ 178,175
Operating expenses (125,000)
Operating Income $ 53,175
Interest revenue 5,600
Interest expense (8,750)
Income before taxes $ 50,025
Income tax expense (15,008)
Net Income $ 35,017
Refer to Exhibit 5-2. Compute net profit margin for Peace, Love, and Joy Company.
a) 23.92%
b) 20.36%
c) 29.84%
d) 14.25%

Suppose the following items were taken from the balance sheet of nike, inc. (all dollars are in millions.) 1. cash $ 2,316.7 7. inventory $ 2,245.6 2. accounts receivable 2,786.2 8. income taxes payable 80.3 3. common stock 2,841.1 9. equipment 1,783.8 4. notes payable 291.2 10. retained earnings 6,162.5 5. buildings 3,959.7 11. accounts payable 2,624.6 6. mortgage payable 1,092.3 perform each of the following. classify each of these items as an asset, liability, or stockholders’ equity, and determine the total dollar amount for each classification. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) cash accounts receivable common stock notes payable buildings mortgage payable inventory income taxes payable equipment retained earnings accounts payable assets $ 13092 liability $ 4088.4 stockholders’ equity $ 9003.6 etextbook and media determine nike’s accounting equation by calculating the value of total assets, total liabilities, and total stockholders’ equity. (enter amounts in millions up to 1 decimal place, e. g. 45.5 million.) total assets = total liabilities + total stockholders’ equity

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

Uknow what i love about i ask a dumb question it is immediately answered but when i ask a real question it take like an hour to get answered