Use the following financial information to find the entry you would make on an income statement for cost of goods sold for the year ended december 31, 2011: gross sales, $180,000; sales returns and allowances, $9,000; sales discounts, $6,300; merchandise inventory, january 1, 2011, $60,900; merchandise inventory, december 31, 2011, $66,700; net purchases, $58,300; freight in, $600; salaries, $84,700; rent, $22,000; utilities, $1,125; insurance, $2,025; and income tax, $17,750.

Acompany manufactures hair dryers. it buys some of the components, but it makes the heating element, which it can produce at the rate of 920 per day. hair dryers are assembled daily, 250 days a year, at a rate of 360 per day. because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,300 units. a. approximately how many batches of heating elements are produced annually? b. if production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand 4 days later? c. what is the average inventory of elements, assuming each production cycle begins when there are none on hand?

Select all that apply. what do opponents of minimum wage believe are the results of minimum wage? increases personal income results in job shortages causes unemployment raises prices of goods

Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?