Select the correct answer from each drop-down menu. Fablan Inherited some money from his family and decided to open a hardware store on his own. He bought the entire Inventory on credit from
vendors with the promise of paying them later. He hoped to have good sales when he opened the store because there weren't any other
hardware stores in the area. However, he couldn't sell most of his stock because there did not seem to be any demand. He knew he wouldn't be
able to pay the creditors from the money the store made. What kind of ownership does Fablan have over his store? What kind of liability is
Fablan open to regarding the money owed to his creditors?
Fablan has
✓ over the store. He has
with respect to the money owed to his creditors.

How much are you willing to pay for a zero that matures in 10 years, has a face value of $1,000 and your required rate of return is 7%? round to the nearest cent. do not include a dollar sign in your answer. (i. e. if your answer is $432.51, then type 432.51 without $ sign)

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities. required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: