Prepare a common-size income statement and balance sheet for block department stores. the first column of each statement should present block department stores’ common-size statement, while the second column should present the industry averages. for the profitability analysis, compute block department stores’ (a) ratio of gross profit to sales, (b) ratio of operating income to sales, and (c) ratio of net income to sales. compare these figures with the industry averages. is block department stores’ profit performance better or worse than the industry average

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund

In microeconomics, the point at which supply and demand meet is called the blank price

Now ray has had the tires for two months and he notices that the tread has started to pull away from the tire. he has already contacted the place who sold the tires and calmly and accurately explained the problem. they didn’t him because they no longer carry that tire. so he talked with the manager and he still did not get the tire replaced. his consumer rights are being violated. pretend you are ray and write a letter to the company’s headquarters. here are some points to keep in mind when writing the letter: include your name, address, and account number, if appropriate. describe your purchase (name of product, serial numbers, date and location of purchase). state the problem and give the history of how you tried to resolve the problem. ask for a specific action. include how you can be reached.