The adjusted trial for Online Advertising Services if presented below. Online Advertising Services Adjusted Trial Balance December 31, 2016 Account title Debit Credit
Cash $13,500
Accounts receivable 13,800
Office supplies 7,700
Furniture 17,500
Accumulated depreciation—furniture $13,500
Building 467,500
Accumulated depreciation—building 38,500
Land 17,500
Accounts payable 9,500
Salaries payable 8,000
Unearned revenue 12.5
Common stock 29,500
Retained earnings 30,000
Dividends 15,500
Service revenue 37,900
Salaries expense 24,000
Supplies expense 8,300
Depreciation expense—furniture 1,500
Depreciation expense—building 2,100
Advertising expense 10,500
Total $179,400 $179,400

Required:
a. Prepare the income statement for the year ending December 31, 2016.
b. Prepare the statement of retained earnings for the year ending December 31, 2016.
c. Prepare the unclassified balance sheet as of December 31, 2016. Use the account form.

25. kerry company plans to sell 200,000 units of finished product in july and anticipates a growth rate in sales of 5% per month. the desired monthly ending inventory in units of finished product is 80% of the next month's estimated sales. there are 150,000 finished units in inventory on june 30. kerry company's production requirement in units of finished product for the three-month period ending september 30 is: a. 712,025 units b. 630,500 units c. 664,000 units d. 665,720 units

1. what must one do to perform the essential managerial task of controlling in achieving organizational goals? a. motivate, coordinate, and energize individuals and groups to work together to achieve organizational goals b. choose appropriate organizational goals and courses of action to best achieve those goals c. establish task and authority relationships that allow people to work together to achieve organizational goals d. establish accurate measuring and monitoring systems to evaluate how well the organization has achieved its goals

"in the electricity industry, low average total costs are obtained only through large-scale production. in other words, the initial cost of setting up all the necessary wiring makes it risky and, most likely, unprofitable for competitors to enter the market. throughout much of the 20th century, many people viewed south africa’s de beers group as a monopoly because it controlled a large percentage of diamond production and sales. patents are granted to inventors of a product or process for a certain number of years. the reason for this is to encourage innovation in the economy. without the existence of patents, it is argued, research and development for improved electronics is unlikely to take place, since there’s nothing preventing another firm from stealing the idea, copying the product, and producing it without incurring the devel opment costs."which of the following best explains the barriers to entry that exist in this scenario? increasing returns to scale legal barriers exclusive ownership of a necessary resource