Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold $ 600,000
Merchandise inventory, January 1 95,000
Merchandise inventory, December 31 117,000
Accounts payable, January 1 88,000
Accounts payable, December 31 70,000

If you miss two payments on a credit card what is generally the penalty

Your uncle borrows $53,000 from the bank at 11 percent interest over the nine-year life of the loan. use appendix d for an approximate answer but calculate your final answer using the formula and financial calculator methods. what equal annual payments must be made to discharge the loan, plus pay the bank its required rate of interest

Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is: