Presented below is information for Cullumber Co. for the month of January 2022.

Cost of goods sold $201,500 Rent expense $33,900
Freight-out 6,300 Sales discounts 10,000
Insurance expense 13,400 Sales returns and allowances 17,000
Salaries and wages expense 61,200 Sales revenue 400,000
Income tax expense 5,300 Other comprehensive income (net of $400 tax) 2000

a. Prepare an income statement using the multi-step format.
b. Prepare a comprehensive income statement.
c. Calculate the profit margin and the gross profit rate.

Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?

You are attending college in the fall and you need to purchase a computer. you must finance the purchase because your parents will not purchase it for you, and you do not have the cash on hand to purchase it. in blank #1 determine which type of credit would you use to finance your purchase (installment, non-installment, or revolving credit). (2 points) in blank #2 defend your credit choice by explaining why your financing option is the best option for you. (2 points) in blank #3 explain why you selected that credit option over the other two options available. (2 points)

If springfield is operating at full employment who is working a. everyone b. about 96% of the workforce c. the entire work force d. the robots