Assume that the ending merchandise inventory was accidentally overstated by $ 1 comma 850. What are the correct amounts for cost of goods sold and gross profit? Assuming that the ending merchandise inventory was accidentally overstated by $1,850, the correct amount for cost of goods sold is $ . Assuming that the ending merchandise inventory was accidentally overstated by $1,850, the correct amount for gross profit is $ .

Jodi is trying to save money for a down payment on a house. she invests $6,000 into an account paying 5.5% simple interest. for how long must she save if she needs $7,300 for the down payment? a. 2 years b. 3 years c. 4 years d. 5 years

Partnerships are the most common type of business firms in the world. t/f

Chang corp. has $375,000 of assets, and it uses only common equity capital (zero debt). its sales for the last year were $595,000, and its net income was $25,000. stockholders recently voted in a new management team that has promised to lower costs and get the return on equity up to 15.0%. what profit margin would the firm need in order to achieve the 15% roe, holding everything else constant? a. 9.45%b. 9.93%c. 10.42%d. 10.94%e. 11.49%