Metro, inc. sells backpacks. the company's accountant is preparing the purchase budget for the first quarter operations. metro maintains ending inventory at 20% of the following month's expected cost of goods sold. the expected cost of goods sold for april is $70,000. all purchases are made on an account with 25% of accounts paid in the month of purchase and the remaining 75% paid in the month following the month of purchase. based on this information the total cash paid in march to settle accounts payable is
a. $39,000.
b. $15,500.
c. $62,000.
d. $54,500.
1a. the amount of accounts payable appearing on the march 31 pro forma balance sheet is
a. $15,500.
b. $46,500.
c. $62,000.
d. none of the answers is correct.

Who is better at multi-tasking? in business, employees are often asked to perform a complex task when their atten-tion is divided (i.e., multi-tasking). human factors (may 2014) published a study designed to determine whether video game players are better than non–video game play-ers at multi-tasking. each in a sample of 60 college stu-dents was classified as a video game player or a non-player. participants entered a street crossing simulator and were asked to cross a busy street at an unsigned intersec-tion. the simulator was designed to have cars traveling at various high rates of speed in both directions. during the crossing, the students also performed a memory task as a distraction. two variables were measured for each student: (1) a street crossing performance score (measured out of 100 points) and (2) a memory task score (measured out of 20 points). the researchers found no differences in either the street crossing performance or memory task score of video game players and non-gamers. “these results,” say the researchers, “suggest that action video game players [and non-gamers] are equally susceptible to the costs of dividing attention in a complex task”

At which stage would you introduce your product to the market at large? a. development stage b. market testing stage c. commercialization stage d. ideation stage

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?