The financial statements for barrington service company include the following items: 2019 2018 cash $ 42 comma 500 $ 48 comma 000 shortminusterm investments 29 comma 000 16 comma 000 net accounts receivable 53 comma 000 56 comma 000 merchandise inventory 161 comma 000 52 comma 000 total assets 535 comma 000 551 comma 000 accounts payable 124 comma 500 129 comma 000 salaries payable 17 comma 000 18 comma 000 longminusterm note payable 58 comma 000 59 comma 000 compute the current ratio for 2018. (round answer to two decimal places.)

When slick heating company switched to an activity based costing system, it realized that it was allocating a much lower percentage of factory overhead to a product line that the marketing department was trying to push. the product line may contain which type of products?

He aldermanalderman company has prepared a sales budget of 42 comma 00042,000 finished units for a 3-month period. the company has an inventory of 10 comma 00010,000 units of finished goods on hand at december 31 and has a target finished goods inventory of 11 comma 00011,000 units at the end of the succeeding quarter. it takes 44 gallons of direct materials to make one unit of finished product. the company has inventory of 64 comma 00064,000 gallons of direct materials at december 31 and has a target ending inventory of 53 comma 00053,000 gallons at the end of the succeeding quarter. how many gallons of direct materials should aldermanalderman company purchase during the 3 months ending march 31? select the labels and enter the amounts to calculate the direct materials (gallons) to be purchased.

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?