On December 31, Fighting Okra Cooking Services reports the following revenues and expenses. Service revenue $ 78,500 Postage expense 1,500 Legal fees expense 2,600 Rent expense 21,000 Salaries expense 22,000 Supplies expense 20,000 In addition, the balace of cmmon stock at the beginning of the year was $175,000, and the balance of retained earnings was $36,000 During the year, the shares of common stock for $30,000 and paid dividends of $20,000. Prepare an income statement.

(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?

Which of the following statements is true regarding the reporting of outside interests and the management of conflicts? investigators are responsible for developing their own management plans for significant financial interests. the institution must report identified financial conflicts of interest to the u.s. office of research integrity. investigators must disclose their significant financial interests related to their institutional responsibilities and not just those related to a particular project. investigators must disclose all of their financial interests regardless of whether they are related to a research project.

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.