Acompany had credit sales of $30,000 and cash sales of $10,000 during the month of may. also during may, the company paid wages of $12,000 and utilities of $1,800. it also received payments from customers on account totaling $4,000. at the beginning of may, the company had a cash balance of $25,000. what is the company's cash balance at the end of may? a. $21,200 b. $25,200 c. $39,000 d. $35,000

Ben collins plans to buy a house for $166,000. if the real estate in his area is expected to increase in value by 2 percent each year, what will its approximate value be five years from now?

Lusk corporation produces and sells 14,300 units of product x each month. the selling price of product x is $25 per unit, and variable expenses are $19 per unit. a study has been made concerning whether product x should be discontinued. the study shows that $72,000 of the $102,000 in monthly fixed expenses charged to product x would not be avoidable even if the product was discontinued. if product x is discontinued, the annual financial advantage (disadvantage) for the company of eliminating this product should be:

Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80