The financial statements of barker office furniture company include the following items: 2017 2016 cash $52,500 $49,000 short-term investments 32,000 17,000 net accounts receivable 92,000 99,000 merchandise inventory 159,000 144,000 total assets 531,000 551,000 total current liabilities 267,000 292,000 long-term note payable 60,000 55,000. what is working capital for 2017? a) $204,000 b) $68,500 c) $36,500 d) $90,500

What is the eventual effect on real gdp if the government increases its purchases of goods and services by $80,000? assume the marginal propensity to consume (mpc) is 0.75. $ what is the eventual effect on real gdp if the government, instead of changing its spending, increases transfers by $80,000? assume the mpc has not changed. $ an increase in government transfers or taxes, as opposed to an increase in government purchases of goods and services, will result in an identical eventual effect on real gdp. a smaller eventual effect on real gdp. a larger eventual effect on real gdp. no change to real gdp.

Highland company produces a lightweight backpack that is popular with college students. standard variable costs relating to a single backpack are given below

Camping gear, inc. had 500 units of inventory on hand at the end of the year. these were recorded at a cost of $ 13 each using the lastminusin, firstminusout (lifo) method. the current replacement cost is $ 9 per unit. the selling price charged by camping gear, inc. for each finished product is $ 14. as a result of recording the adjusting entry as per the rule, the gross profit will