You are working as a financial analyst and your boss asks you to find out how much Company G spent on inventory purchases in 2022. Company G is a calendar-year end company. You look at the balance sheet of Company G and find that Inventory balance at 1/1/2022 is $500. Additionally, the Inventory balance at 12/31/2022 is $600. Further, on the income statement you find that Cost of Goods Sold for 2022 is $1,000.

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?