Use the selected data from Pinecrest Company's financial statements to answer the following question. 2017 2016 Cash $ 22,000 $ 14,000 Accounts receivable 42,000 16,000 Merchandise inventory 22,000 83,000 Prepaid expenses 23,000 18,000 Total current assets $109,000 $131,000 Total current liabilities $ 65,000 $ 72,000 Net credit sales 221,000 326,000 Cost of goods sold 168,000 299,000 Net cash
flow from operating activities 16,000 29,000 Refer to the data for Pinecrest Company. The amount of working capital at the end of 2017 is
a. $36,000
b. $44,000
c. $99,000
d. $174,000
b
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Woodside Company manufactures tables with vinyl tops. The standard material cost for the vinyl used per Style-R table is $7.20 based on 8 square feet of vinyl at a cost of $.90 per square foot. A production run of 1,00 . tables in January resulted in usage of 8,300 square feet of vinyl at a cost of $.80 per square foot, a total cost of $7,055 . If the materials price variance was recorded when
the material was issued to production, that variance was: a. $290 favorable. b. $830 unfavorable. c. $290 unfavorable. d. $830 favorable.
Discuss how a health club could strategically manage capacity via payment schedules
What will be an ideal response?
The ability to send e-mails from within PL/SQL code has been simplified with the introduction of the DBMS_ALERT package.
Answer the following statement true (T) or false (F)
A high price/earnings ratio indicates:
a. investor confidence in high future earnings. b. that the stock is probably overvalued. c. that the stock is probably undervalued. d. little investor confidence in high future earnings.