The following information is available for Pohler Company: Current assets $100,000 Current liabilities $75,000 Property, plant and Long-term liabilities 100,000 equipment 50,000 Stockholders' equity 125,000 Other assets 150,000 Total liabilities and Total assets $300,000 stockholders' equity $300,000 Invested capital is defined as total assets. Before-tax operating profit is $175,000. After-tax operating profit is $125,000. The after-tax cost of capital is 10%. What is economic profit? A) $95,000 B) $125,000 C) $145,000 D) $175,000

Location test: question 1 of 54)water is a solvent because itoa. is made of moleculesob. dissolves many substancesc. is a saltd. has a large buffering capacity

Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)

Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows: