Larkspur inc. had the following balance sheet at december 31, 2019.larkspur inc. balance sheetdecember 31, 2019cash $25,290 accounts payable $35,290accounts receivable 26,490 notes payable (long-term) 46,290investments 37,290 common stock 105,290plant assets (net) 81,000 retained earnings 28,490land 45,290 $215,360$215,360during 2020, the following occurred.1. larkspur inc. sold part of its debt investment portfolio for $19,143. this transaction resulted in a gain of $7,543 for the firm. the company classifies these investments as available-for-sale.2. a tract of land was purchased for $18,290 cash.3. long-term notes payable in the amount of $20,143 were retired before maturity by paying $20,143 cash.4. an additional $24,143 in common stock was issued at par.5. dividends of $12,343 were declared and paid to stockholders.6. net income for 2020 was $37,290 after allowing for depreciation of $15,143.7. land was purchased through the issuance of $40,290 in bonds.8. at december 31, 2020, cash was $42,290, accounts receivable was $46,890, and accounts payable remained at $35,290.

The management at a pesticide manufacturing company has observed a decline in quality measures. the managers ask robin, the firm's hr manager, to investigate whether training might solve the problem. robin conducts needs assessment and recommends a training plan. which of the following conditions would most likely have been an observation during robin's person analysis?

Chance company had two operating divisions, one manufacturing farm equipment and the other office supplies. both divisions are considered separate components as defined by generally accepted accounting principles. the farm equipment component had been unprofitable, and on september 1, 2018, the company adopted a plan to sell the assets of the division. the actual sale was completed on december 15, 2018, at a price of $600,000. the book value of the division’s assets was $1,000,000, resulting in a before-tax loss of $400,000 on the sale. the division incurred a before-tax operating loss from operations of $130,000 from the beginning of the year through december 15. the income tax rate is 40%. chance’s after-tax income from its continuing operations is $350,000. required: prepare an income statement for 2018 beginning with income from continuing operations. include appropriate eps disclosures assuming that 100,000 shares of common stock were outstanding throughout the year. (amounts to be deducted should be indicated with a minus sign. round eps answers to 2 decimal places.)

According to this excerpt, a key part of our national security strategy is