If the beginning capital balance is $30,000 and additional investment for the period totals $40,000, what is the ending capital balance if net income totals $20,000 and the withdrawals for the period total $12,000?
a. $78,000
b. $90,000
c. $80,000
d. $88,000
e. $38,000
a
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Indicate whether the statement is true or false
Which of the following is a major consideration when analyzing a special pricing decision?
A) The sales price must be high enough to cover any differential costs to fill the order. B) The company must have a good stock turnover ratio. C) The profit margin ratio of the special sale must be higher than the regular sales. D) The sunk costs of the decision must not exceed the irrelevant costs.
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