Cheyenne Corp. had the following transactions during 2017: 1. Issued $212500 of par value common stock for cash. 2. Recorded and paid wages expense of $102000. 3. Acquired land by issuing common stock of par value $85000. 4. Declared and paid a cash dividend of $17000. 5. Sold a long-term investment (cost $5100) for cash of $5100. 6. Recorded cash sales of $680000. 7. Bought inventory for cash of $272000. 8. Acquired an investment in Zynga stock for cash of $35700. 9. Converted bonds payable to common stock in the amount of $850000. 10. Repaid a 6-year note payable in the amount of $374000. What is the net cash provided by investing activities

Njuly, noel & vang company purchased materials costing $23,100 and incurred direct labor cost of $19,800. manufacturing overhead totaled $35,200 for the month. information on inventories was as follows: july 1 july 31 materials $6,820 $7,810 work in process 770 1,320 finished goods 3,630 2,970 what was the cost of goods sold for july? a. $71,300 b. $71,100 c. $69,600 d. $77,220

Acompany sells garden hoses and uses the perpetual inventory system to account for its merchandise. the beginning balance of the inventory and its transactions during september were as follows:

5. understanding marginal and average tax rates consider the economy of citronia, where citizens consume only oranges. assume that oranges are priced at $1 each. the government has devised the following tax plans: plan a • consumption up to 1,000 oranges is taxed at 50%. • consumption higher than 1,000 oranges is taxed at 20%. plan b • consumption up to 2,000 oranges is taxed at 15%. • consumption higher than 2,000 oranges is taxed at 60%. use the plan a and plan b tax schemes to complete the following table by deriving the marginal and average tax rates under each tax plan at the consumption levels of 300 oranges, 1,200 oranges, and 3,000 oranges, respectively. consumption level plan a plan b (quantity of oranges) marginal tax rate average tax rate marginal tax rate average tax rate (percent) (percent) (percent) (percent) 300 1,200 3,000 complete the following table by indicating whether each plan is a progressive tax system, a proportional tax system, or a regressive tax system. progressive proportional regressive plan a plan b