The top hat division of blandon's fine menswear had the following results last year (in thousands). sales $ 5,000,000 operating income $ 550,000 total assets $ 1,000,000 current liabilities $ 220,000 management's target rate of return is 16% and the weighted average cost of capital is 5%. what is the top hat division's sales margin? a.5.65%b.34.50%c.230.00%d.15.00%

Landon mars, the company bookkeeper, recorded the $10,000 purchase of land as rent expense by decreasing cash and decreasing shareholders' equity. what is the effect of this error on the accounting equation

What does the phrase limited liability mean in a corporate context?

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $385,000; cash paid for rent, $49,000; cash paid to employees for services rendered during the year, $129,000; cash paid for utilities, $59,000. in addition, you determine that customers owed the company $69,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,900 at year-end, and the rent payment was for a two-year period.