Templar Company, a manufacturing firm, has supplied the following information from its accounting records for the month of November: Factory supplies used $18,000 Depreciation on factory building 17,000 Salary of company controller 6,000 Factory janitorial costs 5,000 Marketing and promotion 4,500 Direct labor cost 22,000 Purchases of raw materials 10,000 Finished goods inventory, Nov. 1 2,250 Finished goods inventory, Nov. 30 3,750 Work-in-process inventory, Nov. 1 4,200 Work-in-process inventory, Nov. 30 2,750 Materials inventory, Nov. 1 3,500 Materials inventory, Nov. 30 5,100 A. Prepare a Statement of Cost of Goods Manufactured.

What is the difference between a public and a private corporation?

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?

1. all other things equal, according to the law of demand, when the price of a good falls, the demand for the good falls the demand for the good rises the quantity demanded of the good falls the quantity demanded of the good rises 2. when a market is in equilibrium, the quantity of the good that buyers are willing and able to buy exactly equals the quantity that sellers are willing and able to sell cannot be determined is less than the quantity that sellers are willing and able to sell is greater than the quantity that sellers are willing and able to sell 3. which of the following factors does not influence the demand for a good or service? consumer (buyer) income the price of related goods the number of sellers buyer expectations 4. when the number of sellers in a market increases, demand rises supply rises the price rises, all else equal the number of buyers falls