Anthony Thomas Candies (ATC) reported the following financial data for 2021 and 2020:

2021 2020
Sales $318,000 $294,000
Sales returns and allowances 8,300 4,900
Net sales $309,700 $289,100
Cost of goods sold:
Inventory, January 1 48,000 20,000
Net purchases 135,000 135,000
Goods available for sale 183,000 155,000
Inventory, December 31 63,000 48,000
Cost of goods sold 120,000 107,000
Gross profit $189,700 $182,100

ATC's gross profit ratio (rounded) in 2021 is .

Kinc. has provided the following data for the month of may: inventories: beginning ending work in process $ 17,000 $ 12,000 finished goods $ 46,000 $ 50,000 additional information: direct materials $ 57,000 direct labor cost $ 87,000 manufacturing overhead cost incurred $ 63,000 manufacturing overhead cost applied to work in process $ 61,000 any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. the adjusted cost of goods sold that appears on the income statement for may is:

How does the federal reserve stabilize and safeguard the nation’s economy? (select all that apply.) it distributes currency and oversees fiscal conditions. it implements american monetary policy. it regulates banks and defends consumer credit rights. it regulates and oversees the nasdaq stock exchange.

1. what are some of the barriers alibaba is facing as it expands globally?