A. Smart sets up a new business. Berfore he actually sells anything he has bought a motor vehicles $2,000, premises at a cost of $5,000 and goods of $1,000.He did not pay in full for his stock of goods and still owes $400 in respect for them. He had borrowed $3,000 from D. Bevan After the events just described and before trading starts, he has $100 cash in hand and $700 cash in bank. You are required to calculate the amount of his capital .

Karen is working on classifying all her company’s products in terms of whether they have strong or weak market share and whether this share is in a slow or growing market. what type of strategic framework is she using?

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is: