On May 1, 20Y6, Dean Company purchased $200,000 of Horton Company's 12% bonds at 100 plus accrued interest of $8,000. On June 30, 20Y6, Dean Company received its first semiannual interest. On February 1, 20Y7, Dean Company sold $160,000 of the bonds at 103 plus accrued interest. The journal entry Dean Company will record on February 1, 20Y7, will include a

Answers

Answer 1

Answer:

Credit to gain on sale of investment for 4,800

Explanation:

Preparation of the journal entry Dean Company will record on February 1, 20Y7

Based on the information given we were told that the company made purchased of the amount of $200,000 of Horton Company's at 12%, while On February 1, 20Y7, we were told that the Company sold the amount of $160,000 of the bonds , this mean the journal entry Dean Company will record on February 1, 20Y7 will be recorded as;

Credit to gain on sale of investment for 4,800

(12%*200,000)=$24,000

(12%*160,000)=$19,200

Hence

$24,000-$19,200=$4,800 which is the credit amount of the gain on sale of the investment.


Related Questions

The program that sought to streamline production and boost profits by systematically controlling costs and work practices was called Group of answer choices the school of freedom. Fordism. scientific management. the assembly line.

Answers

Answer:

The program that sought to streamline production and boost profits by systematically controlling costs and work practices was called scientific management.

Explanation:

Scientific management is the term for a method of planning production developed during industrialization. It states that industrial products must be characterized by scientifically designed methods, and that all thought work is moved from the workshop floor to various planning departments. According to Frederick Taylor (the creator of this system), the best management is one that is based on the right science, otherwise production can become inefficient, which in turn leads to financial loss. The main goal of management in companies is to ensure optimal prosperity for both employer and employee. The streamlining of mass production in the 20th century, such as assembly line production in industry, was strongly influenced by Taylor's thinking.

Which of the following steps, if taken by Walmart, would be characterized as a strategic, rather than tactical, action? a. Aggressively pricing school-related items in the back-to-school season b. Aggressively pricing toys and electronics during the holiday season c. Aggressive pricing to ensure it is a price leader d. Entering a new foreign market

Answers

Answer:

The answer is D.

Explanation:

Strategy is set of goals. Strategic action can be done but not quickly. Tactics are the specific actions one undertake to actualize the strategy.

Also, Strategy defines long-term goals and how you're planning to achieve them. Mission statement, vision statement are all part of a firm's strategy. For example, entering a new foreign market is a strategic action/plan. Tactics are specific and are short-term goals.

The flatter the demand curve through a given point, the a. closer the price elasticity of demand will be to the slope of the curve. b. greater the absolute value of the change in total revenue when there is a movement from that point upward and to the left along the demand curve. c. greater the price elasticity of demand at that point. d. smaller the price elasticity of demand at that point.

Answers

Cube c. Is ur answer I did this not long ago it’s very easy try and learn it.

The flatter the demand curve through a given point, the: c. greater the price elasticity of demand at that point.

Demand can be defined as the quantity of goods and services that a consumer is willing and able to pay for at a particular period of time.

This ultimately implies that, demand is the desire and ability of consumers to purchase goods and services at a certain price and a given period of time.

A demand curve is a graphical tool that gives the relationship between the quantity of goods and services demanded and the price at which they are sold.

A price elasticity of demand refers to a measure of the responsiveness of the quantity of a good (product) or service that a consumer demands with respect to a change in price of the product, all things being equal.

Basically, the flatter the demand curve through a given point, the greater the price elasticity of demand at that point and the less elastic demand curve.

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A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?

Answers

Answer:

Explanation:A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At

what rate would you be indifferent between accepting the project and rejecting it?

Out of the choices provided above, it can be concluded to state that the rate of 15.40 percent will be indifferent for accepting the project that provides annual cash flows of $12,600 for 12 years, and costs $67,150 today. Therefore, the option A holds true.

What is the significance of annual cash flows?

Annual cash flows can be referred to or considered as the amount of cash generated as a form of positive return by an activity of monetary engagement. If the returns are higher than equilibrium, a project should be accepted, and rejected if the returns are lower than the equilibrium.

For the above condition, when a project earns a return of 15.40 percent, the costs are equal to the revenues generated by the firm, and thus, it is a point of equilibrium at which it becomes completely indifferent for a firm to accept or reject the project.

Therefore, the option A holds true and states regarding the significance of annual cash flows.

Learn more about annual cash flows here:

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The missing question has been added below.

A project that provides annual cash flows of $12,600 for 12 years costs $67,150 today. At what rate would you be indifferent between accepting the project and rejecting it?

15.40 percent

14.50 percent

12.45 percent

None of these

Whirlpool Corporation has an agreement with IBM for the HR outsourcer to handle Whirlpool's workforce administration, compensation, recruitment, training, and performance reporting. This type of outsourcing is known as ________.

Answers

Answer: business process outsourcing

Explanation:

From the question, we are informed that Whirlpool Corporation has an agreement with IBM for the HR outsourcer to handle Whirlpool's workforce administration, compensation, recruitment, training, and performance reporting.

This is an example of business process outsourcing. It simply means when some operations that are related to a business are contracted out to

third-party provider. Such services can include human resources, payroll, customer care center etc.

A competitive firm sells its output for $60 per unit. Assume that labor is the only input that varies for the firm. The marginal product of the 10th worker is 20 units of output per day; the marginal product of the 11th worker is 16 units of output per day. The firm pays its workers a wage of $150 per day. For the 11th worker, the value of the marginal product of labor is

Answers

Answer:

$600

Explanation:

The computation of the value of the marginal product of labor is shown below:-

Value of marginal product of labor (MRPL) of the 10th worker = MRP Price  = Maximum retailing price

= 10 × $60

= $600

Therefore for computing the marginal product of labor we simply applied the above formula and we ignore all other values as they are not relevant.

Indicate whether each of the following is counted in the United States Gross Domestic Product for the year 2008. Explain your answers. a. The value of a textbook sold through an online auction in 2008. b. Rent paid in 2008 by residents in an apartment building built in 2000. c. Commissions earned by a stockbroker in 2008. d. The value of automobiles produced in 2008 entirely in South Korea by a firm fully owned by United States citizens. e. The federal government opens a new military base in Iraq with 1000 U.S. personnel.

Answers

Answer:

Option A, B and C will be included in the consumption

Option D is excluded from GDP computation.

Option E is included in the Government spending.

Explanation:

Option A, B and C will be included in the consumption because all of the in-home purchases are considered as consumption which in this case is included as rental payments, textbook sold and commissions earnings for the year.

The investments in the foreign countries of US citizen are considered as imports in the year when they are made. However, the foreign assets of US citizens are not included in the GDP computation. Hence Option D is excluded from GDP computation.

The opening of military base required investment from the US federal government which is for the defense budget. This government spending of money will be included in the government spending. Hence Option E is included in the GDP computation.

Donna is thinking about buying a house that costs $250,000. If she puts down $50,000 and is able to get a 5 percent
mortgage, she wants an estimate of her total monthly housing expenses. The average annual cost
for owning a house is 4.09 percent of the value of the house. If we do not include the opportunity cost of the down
payment, amortization on the loan or any tax benefits from homeownership, what will be her monthly cost the first
month?​

Answers

Answer:

$1,685.41

Explanation:

we need to calculate:

monthly interest payment on the mortgage for the first monthmonthly cost of owning a house

monthly interest payment on the mortgage for the first month = $200,000 x 5% x 1/12 = $833.33

monthly cost of owning a house = $250,000 x 4.09% x 1/12 = $852.08

total monthly cost = $833.33 + $852.08 = $1,685.41

Jason, a manager at a logistics company, wants to bring in temporary workers to handle the extra work of loading and unloading deliveries during the holiday shopping season. Which statement expresses a disadvantage of Jason's idea

Answers

Answer:

There may be tension between permanent and temporary workers.

Explanation:

Labor demand forecasting refers to a step in the process of labor optimization before filling the concerned posts in which accurate demand is estimated for any time period based on various demand variables. There are just so many factors that need to be taken into account, for example, seasonal patterns,   unpredictable demands, local attractions, etc while scheduling the right labor for the right job. these trend analyses require to predict labor demand in the form of temporary additional labor which often came in conflict to permanent ones over their respective roles and responsibilities.

Darrell works for a company that promotes an entrepreneurial culture. Employees are encouraged to discuss new ideas. Development time is provided on the job for those ideas that float to the top. Employees who use their creative talents to generate ideas and create products within large companies are called

Answers

Answer:

intrapreneurs

Explanation:

Intrapreneurs are people that work in a big company developing new ideas using the resources of the organization to improve its performance and results. According to this, the answer is that employees who use their creative talents to generate ideas and create products within large companies are called intrapreneurs because they work in a company developing ideas to generate positive results for it.

A European chocolate manufacturer received several complaints from customers about the quality of its products when it began selling them in a tropical country. The firm had to repackage its chocolate bars with an extra plastic wrapper to protect it from the heat and dust. Which factor in the local market is most likely to have dictated the company's product adaptation in this scenario?

Answers

climatic requirements

Suppose Cardullo’s gift cards expire after one year. A customer had a gift card for $100, of which he used $75 to purchase gourmet cheeses. At the end of the year, the card expires with $25 unredeemed. How do you think Cardullo’s should account for the unredeemed amount?

Answers

Answer:

Cardullo

Unredeemed Gift Card amount:

The $25 of the unredeemed gift card should be credited to Revenue Account and debited to the Deferred Revenue Account as expired gift card.

Explanation:

Gift cards establish some form of deferred revenue or gift card liability which the Cardullo must settle with the exchange of goods or services in the future.  However, if a customer is unable to redeem his gift card balance of $25 because of expiration, the revenue due on the expired portion, Cardullo must then credit the $25 to the Revenue account and debit the Deferred Revenue or Gift Card Liability account to close this unredeemed portion.

A popular financial strategy in which a company is acquired in a transaction financed largely by debt and eventually paid with money generated from the acquired company's operations or by sale of its assets is:_________
A) illegal in most countries.
B) a good way to build a core competency.
C) an application of the capital asset pricing model.
D) the leveraged buyout.
E) an example of internal financing.

Answers

Answer:

Option D (the leveraged buyout) is the correct answer.

Explanation:

This method includes an organizational plan's financial elements such as sales and expenditures, production planning and scheduling, investment analysis, as well as accounts receivable.An organization generally progresses an investment plan shortly after that the perspective, as well as priorities, have indeed been established.

The other given choices are not related to the given instance. So that the above would be the appropriate choice.

explain about buisness ​

Answers

Answer:

did I help comment pls

Explanation:

people have work for money to live for. a business is a work place or something set up by someone to earn money and to sell important products and has more than one set place for where you can sell or if you are a customer buy

e.g. Tesco  

Tesco is a business because it has more than one set places and its purpose is to sell customers what they want and is also a delivery service so is people cant drive there is home service...

Answer:

no

Explanation:

1 , what are the agent of socialization

Answers

Answer:

Agents of socialization, or institutions that can impress social norms upon an individual, include the family, religion, peer groups, economic systems, legal systems, penal systems, language, and the media.

Explanation:

2 Points
Which of the following is a restriction on both workers and producers that
keeps the labor market from being a completely free market?
A. Workers' reluctance to move.
B. The minimum wage.
C. Unemployment insurance.
w
D. The reserve wage.
SUBMIT

Answers

Answer:

The minimum wage

Explanation:

During 2019, Lowes Company sold equipment with a book value of $120,000 for proceeds of $145,000. The company purchased new equipment for $320,000 by signing a long-term note payable. No other transactions impacted long-term asset accounts during 2019. The investing section of the statement of cash flows will report Group of answer choices net cash outflows of $295,000. net cash outflows of $175,000. net cash inflows of $145,000. net cash inflows of $25,000.

Answers

Answer:

Overally, the statement of cash flows will report net cash inflows of $145,000.

Explanation:

The sale would attract proceeds of $145,000 which is a cash inflow to the company.

The profit on sale of ( $145,000 - $120,000 )$25,000 is a non- cash flow item.

The Purchase of  new equipment by signing a long-term note payable is a non-cash financing and investment activity.

Conclusion :

Overally, the statement of cash flows will report net cash inflows of $145,000.

I am 48 years, 48 weeks, 48 days and 48 hours old. How old am I?

Answers

48 x 7 (a week has 7 days) =336
336-48= 288
288-48-48=192

Answer:

53

Explanation:

Suppose that Lebanon has placed tariffs on its imports and exports. The import tariff is 13%, and the export tariff is 8%. If Lebanon has a balance of trade of (equivalent US dollars) $5,510,000 and received tariff revenue of $4,019,200, what are its imports and exports worth?

Answers

Answer:

Import= 17,040,000 ; Export=22,550,000

Explanation:

As we know that

Balance of trade = export - import

Let us assume that export be E

And, the import be I

So,  

Balance of trade =  E - I

$5,510,000 =  E - I

E =  5,510,000 + I

Now if we place the equation into the export or import tariffs so it would be

0.13 ×  I + 0.08 × E = $4,019,200

0.13 × I + 0.08 × ($5,510,000 + I) = $4,019,200

0.13I + 0.08I + $440,800 =  $4,019,200

0.21I =  $4,019,200 - $44,000

0.21I = $3,578,400

I = 17,040,000

So,

The export is

E = $5,510,000 + I

E = $5,510,000 + $17,040,000

E = $22,550,000

Answer:

B

Explanation:

Franklin corporation issues $97,000, 8%, 5-year bonds on January 1, for $101,370. Interest is paid semiannually on January 1 and July 1. If Franklin uses the straight-line method of amortization of bond premium, the amount of bond interest expense to be recognized on July 1 is

Answers

Answer:

$3,006

Explanation:

Bond issue = $97,000

Interest rate = 8%

Bond value sold = $101,370

Time period 5 years

N.B The premium will have to be to be discounted from the interest expense because Franklin corporation sold the bond at a value higher than the face value i.e premium value.

Therefore;

Coupon = $97,000 × 8% × 1/2

= $3,880

Amortization of bond premium = ($101,370 - $97,000) /5 years period

= $4,370/5

= $874

Total interest expense

= $3,880 - $874

= $3,006

Tyson is a 25 percent partner in the KT Partnership. On January 1, KT makes a proportionate, liquidating distribution of $16,000 cash and land with a $16,000 fair value (inside basis $8,000) to Tyson. KT has no liabilities at the date of the distribution. Tyson's basis in his KT Partnership interest is $20,000. What is the amount and character of Tyson's gain or loss from the distribution

Answers

Answer:

GAINED 4000

Explanation:

HE NEVER LOSE IT MIKE TYSON MOTHER TRUCKER THEY BANN BAD WORDS

Riku Company manufactures two products. The budgeted per-unit contribution margin for each product follows: Super Supreme Sales price $ 68 $ 94 Variable cost per unit (38 ) (44 ) Contribution margin per unit $ 30 $ 50 Riku expects to incur annual fixed costs of $540,000. The relative sales mix of the products is 70 percent for Super and 30 percent for Supreme. Required Determine the total number of products (units of Super and Supreme combined) Riku must sell to break even. How many units each of Super and Supreme must Riku sell to break even?

Answers

Answer:

Super= 10,500

Supreme= 4,500

Explanation:

Giving the following information:

Spuer:

Contribution margin= $30

Sales proportion= 0.70

Supreme:

Contribution margin= $50

Sales proportion= 0.30

Fixed costs= $540,000

First, we need to calculate the break-even point in units for the whole company:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 540,000 / (0.7*30 + 0.3*50)

Break-even point (units)= 15,000 units

Now, for each product:

Super= 15,000*0.7= 10,500

Supreme= 15,000*0.3= 4,500

Background information: On January 1, 2015, Truesdale, Inc., purchased a piece of machinery for use in operations. The total acquisition cost was $33,000. The machine was expected to produce a total of 60,000 units in during its life. The machine actually produced 16,000 units during 2015, 23,000 units during 2016, and 21,000 units during 2017. The machinery has a salvage value of $3,000. EventActivity Type Using the units-of-production method, the amount of depreciation that should be recorded during 2015 is approximately ____. select Using the units-of-production method, the book value of the machinery at December 31, 2016 is approximately _____.

Answers

Answer:

The book value will be "13,500". The further explanation is given below.

Explanation:

The given values are:

Total acquisition cost,

=  $33,000

Expected,

=  60,000

Depreciation expense per unit  will be:

=  [tex]\frac{33000-3000}{60000}[/tex]

=  [tex]0.50 \ per \ unit[/tex]

For 2015,

Depreciation expense will be:

=  [tex]16000\times 0.50[/tex]

=  [tex]8000[/tex]

For 2016,

Depreciation expense will be:

=  [tex]23000\times 0.50[/tex]

=  [tex]11500[/tex]

Now,

⇒  [tex]Book \ value = Cost - Accumulated \ Depreciation[/tex]

⇒                     [tex]=33000 - (8000+11500)[/tex]

⇒                     [tex]=13500[/tex]

An important distinction between the classical and Keynesian view of the economy is that Select one: a. Keynes stressed the supply side of an economy while classical economists stressed the demand side of the economy. b. classical economists argued that output gaps were caused by shifts in the long-run aggregate supply while Keynes’ maintained that output gaps were created by shifts in aggregate demand. c. Keynes stressed the demand side of an economy while classical economists stressed the supply side of the economy. d. classical economists argued that output gaps were caused by shifts in the long-run aggregate supply while Keynes’ maintained that output gaps were created by wage and price rigidities

Answers

Answer:

C. Keynes stressed the demand side of an economy while classical economists stressed the supply side of the economy.

Explanation:

The significant distinction between the classical and Keynesian view of the economy is that Keynes lays emphasis on the demand side of the economy while classical economists focus more on demand-oriented evaluation and correction of imbalances in the economy.

Classical theorists assert that 'supply has the ability to produce its own demand.' It says that 'the production will generate sufficient income to purchase all the output produced in the economy' while Keynes claims that demand is the key driving force that drives the economy. Thus, the former relied on monetary policy while the latter on fiscal policy.

What happens when happens when interest rate (i.e. yield-to-maturity) decreases on a bond? A. The price of the bond increases. B. The coupon rate of the bond increases. C. The par value of the bond decreases. D. The coupon payments are adjusted to the new discount rate.

Answers

Answer:

B. The coupon rate of the bond increases.

Explanation:

The interest rate of a bond is known as the Yield to Maturity. This is a Market Rate and when the Yield to Maturity increases, the Coupon rate must increase as well.

When JFCs consider incorporating combinations of contiguous and noncontiguous AOs with linear and nonlinear operations, they choose the combination that fits the operational environment and the purpose of the operation. Which of the following combinations describe a typical sustained offensive and defensive operation against powerful, echeloned, and symmetrically organized forces and where the forward line of own troops focus combat power and protect sustainment functions?
1. Nonlinear operations in noncontiguous AOs
2. Nonlinear operations in contiguous AOs
3. Linear operations in contiguous
4. AOs linear operations in noncontiguous AOs

Answers

Answer:

The correct answer is C)

Linear operations in contiguous AOs.

Explanation:

JFC stands for Joint Forces Command.

AO in United States Army nomenclature means Area of Operations.

Linear Operations is a military terminology which refers to the execution of operations using their own troops engaged in combat in a forward fashion. Linear operations military tactics allow commanders to channel and maintain combat power toward enemy forces along with adjacent units. Another word for adjacent units is Adjacent Operations.

Cheers!

A customer with $30,000 to invest places $10,000 in Investment A; $10,000 in Investment B; and $10,000 in Investment C. During the course of 1 year, Investment A pays 2% in dividends; Investment B pays 7% in dividends; and Investment C pays no dividends. At the end of the year, Investment A is sold for $10,600; Investment B is sold for $9,200; and Investment C is sold for $9,300. The Total Return on Investment is: A 0% B 3% C 5% D 6%

Answers

Answer:

The correct answer is A. Total return on investment is 0%.

Explanation:

Given that the consumer will invest his $ 30,000 in three different funds, with investment A paying dividends of 2%, investment B for 7% and investment C without paying dividends, the result of said investment after a year of duration will be as follows:

Investment A will award dividends of $ 200 (10,000 x 0.02)

Investment B will award dividends of $ 700 (10,000 x 0.07)

Investment C will not pay dividends.

Thus, the total return on investment will be $ 900.

Additionally, after this year the investor will sell said investments:

Investment A will be sold for $ 10,600, Investment B will be sold for $ 9,200 and Investment C for $ 9,300, totaling $ 29,100.

Said amount, added to the total annual return, gives us a total after investments and sales of $ 30,000, with which the total return after the investment and sale operation is $ 0, or 0% of the initial amount.

Kacey grew up sailing and still loves it today. After securing a great job after graduation, he started saving for his own sailboat. He had his eye on one in particular and had saved about half what he needed when his company transferred him to Phoenix, which didn't have the same recreation options. Which of the following best describes Kacey?
a. Kacey is both in the market and the target market for the sailboat.
b. Kacey is not in the market for the sailboat yet.
c. Kacey was in the market for the sailboat prior to his move to Phoenix.
d. Kacey is in the market for this sailboat but not the target market

Answers

Answer:

b.

Explanation:

Based on the scenario at hand and the different options listed it can be said that the one that best describes Kacey is that Kacey is not in the market for the sailboat yet. That is because even though Kacey loves sailing, where she currently lives (Phoenix) does not have places to sail. Also, she does not even have the money to buy a sailboat yet and therefore is not in the market to buy one at the current moment in her life.

What is a factor that increases the volatility of demand in industrial markets? Multiple Choice Professional buyers in the industrial market tend to make independent purchase decisions. Derived demand accelerates changes in markets. Small, noncyclical swings in supply are inherent in industrial markets. The ratio of input to output is high for industrial goods. The demand for industrial goods is inelastic.

Answers

Answer:

Derived demand accelerates changes in markets.

Explanation:

Derived demand can be defined as the way in which the demand for a good or service tend to result from the demand for the related good or service and this occured when their is the demand for either good that are tangible or intangible goods where a market exists for both related goods and services.

In another word Derived demand occured in a situation where the demand for one good or service happens because of the want for another good or service Example is increase in the need for Shoes material or equipment because of the increase in the need for Shoes

because the factor of production by a company is dependent on the demand by consumers for the product produced by that company which is why the transition to become demand-driven is slowly occurring in many industries.

Hence, The factor that increases the volatility of demand in industrial markets is "Derived demand accelerates changes in markets"

Economists are: Select one: a. concerned with developing theories and interested in solving problems. b. interested in solving problems but not concerned with developing theories. c. reluctant to predict changes in variables such as prices, employment, and spending. d. always in agreement on the best way to implement policy decisions.

Answers

Answer:

a. concerned with developing theories and interested in solving problems.

Explanation:

The term economists refer to the person who studies, theorizes, analyzes, and develops concepts in the discipline of economics. Economists have the excellence and work in the field of academia, in the government sector and private sectors. They are experts whose opinions and researches help in the building up of the policies related to the economic terms of the market. They theorize the concepts and researchers on the market trends to help in the growth of the economy respectively.

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A 12.5-F capacitor is connected to a power supply that keeps a constant potential difference of 24.0 V across the plates. A piece of material having a dielectric constant of 3.75 is placed between the plates, completely filling the space between them. (a) How much energy is stored in the capacitor before and after the dielectric is inserted? (b) By how much did the energy change during the insertion? Did it increase or decrease? Step 1: -10 + 8x < 6x - 4Step 2: -10 < -2x - 4Step 3: -6 A computer can sort x objects in t seconds, as modeled by the functionbelow:t=0.007x2 + 0.003.xHow long, in seconds, will it take the computer to sort 15 objects? Leeway Corp. wants to pursue a business-level international strategy to export to developed countries. Which of the following strategies would Leeway most likely select?A. MultidomesticB. Cost leadershipC. GlobalD. Transnational give me five difference between Social Science Researchand Social work research? Please help me i'll give brainliest if its correct 7C denotes a temperature of 7C below 0C, what does 5C mean? Which is the graph of the linear inequality 2x 3y < 12?B Most of the film double indemnity is told through what editing and narrative Aggregate blend composed of 65% coarse aggregate (SG 2.701), 35% fine aggregate (SG 2.625)Compacted specimen weight in air = 1257.9 g, submerged weight = 740.0 g, SSD weight = 1258.7 gCompacted specimen contains 5.0% asphalt by total weight of the mix with Gb = 1.030Theoretical maximum specific gravity = 2.511 Bulk specific gravity of the aggregate __________Bulk specific gravity of the compacted specimen__________Percent stone __________Effective specific gravity of the stone__________Percent voids in total mix__________Percent voids in mineral aggregate__________Percent voids filled with asphalt__________ The comparative financial statements of Marshall Inc. are as follows. The market price of Marshall common stock was $82.80 on December 31, 20Y2.Marshall Inc.Comparative Retained Earnings StatementFor the Years Ended December 31, 20Y2 and 20Y11 20Y2 20Y12 Retained earnings, January 1 $3,704,000.00 $3,264,000.003 Net income 600,000.00 550,000.004 Total $4,304,000.00 $3,814,000.005 Dividends: 6 On preferred stock $10,000.00 $10,000.007 On common stock 100,000.00 100,000.008 Total dividends $110,000.00 $110,000.009 Retained earnings, December 31 $4,194,000.00 $3,704,000.00Marshall Inc.Comparative Income StatementFor the Years Ended December 31, 20Y2 and 20Y11 20Y2 20Y12 Sales $10,850,000.00 $10,000,000.003 Cost of goods sold 6,000,000.00 5,450,000.004 Gross profit $4,850,000.00 $4,550,000.005 Selling expenses $2,170,000.00 $2,000,000.006 Administrative expenses 1,627,500.00 1,500,000.007 Total operating expenses $3,797,500.00 $3,500,000.008 Income from operations $1,052,500.00 $1,050,000.009 Other revenue 99,500.00 20,000.0010 $1,152,000.00 $1,070,000.0011 Other expense (interest) 132,000.00 120,000.0012 Income before income tax $1,020,000.00 $950,000.0013 Income tax expense 420,000.00 400,000.0014 Net income $600,000.00 $550,000.00Marshall Inc.Comparative Balance Sheet December 31, 20Y2 and 20Y11 20Y2 20Y12 Assets 3 Current assets: 4 Cash $1,050,000.00 $950,000.005 Marketable securities 301,000.00 420,000.006 Accounts receivable (net) 585,000.00 500,000.007 Inventories 420,000.00 380,000.008 Prepaid expenses 108,000.00 20,000.009 Total current assets $2,464,000.00 $2,270,000.0010 Long-term investments 800,000.00 800,000.0011 Property, plant, and equipment (net) 5,760,000.00 5,184,000.0012 Total assets $9,024,000.00 $8,254,000.0013 Liabilities 14 Current liabilities $880,000.00 $800,000.0015 Long-term liabilities: 16 Mortgage note payable, 6% $200,000.00 $0.0017 Bonds payable, 4% 3,000,000.00 3,000,000.0018 Total long-term liabilities $3,200,000.00 $3,000,000.0019 Total liabilities $4,080,000.00 $3,800,000.0020 Stockholders' Equity 21 Preferred 4% stock, $5 par $250,000.00 $250,000.0022 Common stock, $5 par 500,000.00 500,000.0023 Retained earnings 4,194,000.00 3,704,000.0024 Total stockholders' equity $4,944,000.00 $4,454,000.0025 Total liabilities and stockholders' equity $9,024,000.00 $8,254,000.00Determine the following measures for 20Y2 round to one decimal place, including percentages, except for pre-share amounts):1. Working Capital2. Current ratio3. Quick ratio4. Accounts receivable turnover5. Number of days' sales in receivables6. Inventory turnover7. Number of days' sales in inventory8. Ratio of fixed assets to long-term liabilities9. Ratio of liabilities to stockholders' equity10. Times interest earned11. Asset turnover12. Return on total assets13. Return on stockholders' equity14. Return on common stockholders' equity15. Earnings per share on common stock16. Price-earnings ratio17. Dividends per share of common stock18. Dividend yield Help!! Gotta turn this in soon! what is the answer to the problem i need help with? What is the length of AC? b. Describe how the above factors create barriers for maintaining your mental and emotional health.what are some strategies you could use to get past these barriers Can someone please help me I really need help please help me thank you