Feb. 3 Purchased $ 3 comma 100 of merchandise inventory on account under terms 1/10, n/EOM and FOB shipping point. 7 Returned $ 500 of defective merchandise purchased on February 3. 9 Paid freight bill of $ 300 on February 3 purchase. 10 Sold merchandise inventory on account for $ 4 comma 200. Payment terms were 1/15, n/30. These goods cost the company $ 2 comma 100. Journalize the February transactions for angel garden gifts.

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)