Procter & gamble is a multinational corporation that manufactures and markets many products that are probably in your home. last year, sales for the company were $76,476 (all amounts in millions). the annual report did not disclose the amount of credit sales, so we will assume that 90 percent of sales were on credit. the average gross profit rate was 52 percent on sales. account balances follow: beginning ending accounts receivable (net) $ 6,629 $ 5,725 inventory 6,819 6,291 required: compute the turnover for the accounts receivable and inventory. (round your intermediate calculations and final answer to 1 decimal place.)

1tanner invested $135,000 cash along with office equipment valued at $32,400 in the company in exchange for common stock. 2 the company prepaid $7,200 cash for 12 months’ rent for office space. (hint: debit prepaid rent for $7,200.) 3 the company made credit purchases for $16,200 in office equipment and $3,240 in office supplies. payment is due within 10 days. 6 the company completed services for a client and immediately received $2,000 cash. 9 the company completed a $10,800 project for a client, who must pay within 30 days. 13 the company paid $19,440 cash to settle the account payable created on april 3. 19 the company paid $6,000 cash for the premium on a 12-month insurance policy. (hint: debit prepaid insurance for $6,000.) 22 the company received $8,640 cash as partial payment for the work completed on april 9. 25 the company completed work for another client for $2,640 on credit. 28 the company paid $6,200 cash in dividends. 29 the company purchased $1,080 of additional office supplies on credit. 30 the company paid $700 cash for this month’s utility bill. prepare general journal entries to record these transactions. 2. post the journal entries from part 1 to the ledger accounts.

Which two of the following are benefits of consumer programs

How does the plaintiff, mrs. wood, try to implicate the gun manufacturer ( who testifies, what do they say, what evidence is introduced)?