The following financial information is for alpha corporation are for the fiscal years ending 2017 & 2016 (all balances are normal): item/account 2017 2016 accounts receivable $9,800 $9,400 inventory 30,000 16,000 net sales (all credit) 85,000 71,000 cost of goods sold 62,000 52,000 net income 7,200 6,900 use this information to determine for fy 2017: (round & enter your answers to one decimal place and enter the value.)

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

Two products, qi and vh, emerge from a joint process. product qi has been allocated $34,300 of the total joint costs of $55,000. a total of 2,900 units of product qi are produced from the joint process. product qi can be sold at the split-off point for $11 per unit, or it can be processed further for an additional total cost of $10,900 and then sold for $13 per unit. if product qi is processed further and sold, what would be the financial advantage (disadvantage) for the company compared with sale in its unprocessed form directly after the split-off point?

Which of the following is one of the five fundamental questions? which products will be in scarce supply and which in excess supply? who should appoint the head of the central bank? how much should society save? correct what goods and services will be produced?