Use the following costs to compute Cost of Goods Sold January 1 December 31
Raw materials 20,000 10,000
Work-in-Process 25,000 30,000
Finished goods 15,000 5,000
Cost of goods manufactured 90,000
Purchases of raw materials 50,000
Direct labor 60,000
Salary expense 95,000
Factory depreciation 80,000
Factory supplies 4,000
Office depreciation 40,000

Neon light company of kansas city ships lamps and lighting appliances throughout the country. ms. neon has determined that through the establishment of local collection centers around the country, she can speed up the collection of payments by one and one-half days. furthermore, the cash management department of her bank has indicated to her that she can defer her payments on her accounts by one-half day without affecting suppliers. the bank has a remote disbursement center in florida. a. if neon light company has $2.90 million per day in collections and $1.18 million per day in disbursements, how many dollars will the cash management system free up?

10. which of the following is true regarding preretirement inflation? a. defined-benefit plans provide more inflation protection than defined-contribution plans. b. because of preretirement inflation, possible investment-related growth is increased for defined-contribution plans. c. all types of benefits are designed to cope with preretirement inflation. d. preretirement inflation is generally reflected in the increase in an employee's compensation level over a working career.

What is the equity method balance in the investment in lindman account at the end of 2018?