The unearned rent account has a balance of $36,000. If $4,000 of the $36,000 is unearned at the end of the accounting period, the amount of the adjusting entry is
A) $4,000
B) $40,000
C) $32,000
D) $36,000
C
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Given the nonlinear programming model: Max Z = 5x1 - 2x22 Subject to: x1 + x2 = 6 A) Z = 19.625 B) Z = 20.625 C) Z = 21.625 D) Z = 22.625 E) Z = 23.625
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Investment turnover is defined as:
A. the ratio of sales revenue to average invested assets. B. the ratio of net operating income to average invested assets. C. the ratio of profit margin to return on investment. D. the ratio of net operating income to sales revenue.
Glasgow Enterprises started the period with 80 units in beginning inventory that cost $7.50 each. During the period, the company purchased inventory items as follows. Glasgow sold 220 units after purchase 3 for $17.00 each.PurchaseNo. of itemsCost 1200 $9.00 2150 $9.30 350 $10.50 Glasgow's ending inventory under LIFO would be:
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