This problem has been solved! see the answeron december 31, 2016, ditka inc. had retained earnings of $275,800 before its closing entries were prepared and posted. during 2016, the company had service revenue of $176,100 and interest revenue of $85,300. the company used supplies in the amount of $91,900, advertising expenses were $17,200, salaries and wages totaled $19,500, and income tax expense was calculated as $15,300. during the year, the company declared and paid dividends of $6,800.required: a. prepare the closing entries dated december 31, 2016. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)1.record the entry for closing revenue and expense account.2.record the entry for closing dividend account.

If delta airlines were to significantly change its fare structure and flight schedule to enhance its competitive position in response to aggressive price cutting by southwest airlines, this would be an example ofanswers: explicit collusion.tacit collusion.competitive dynamics.a harvest strategy.

While studying for the engineering economy final exam, you and two friends find yourselves craving a fresh pizza. you can't spare the time to pick up the pizza and must have it delivered. "pick-up-sticks" offers a 1-1/4-inch-thick (including toppings), 20-inch square pizza with your choice of two toppings for $15 plus 5% sales tax and a $1.50 delivery charge (no sales tax on delivery charge). "fred's" offers the round, deep-dish sasquatch, which is 20 inches in diameter. it is 1-3/4 inches thick, includes two toppings, and costs $17.25 plus 5% sales tax and free delivery. 1. what is the problem in this situation? state it in an explicit and precise manner. 2. systematically apply the seven principles of engineering economy (pp. 3-6) to the problem you have defined in part (a). 3. assuming that your common unit of measure is dollars (i.e., cost), what is the better value for getting a pizza based on the criterion of minimizing cost per unit of volume? 4. what other criteria might be used to select which pizza to purchase?

The following are budgeted data: january february march sales in units 16,200 22,400 19,200 production in units 19,200 20,200 18,700 one pound of material is required for each finished unit. the inventory of materials at the end of each month should equal 20% of the following month's production needs. purchases of raw materials for february would be budgeted to be: