Adams Co. reports the following balance sheet accounts as of December 31. Salaries payable $ 7,600 Retained earnings $ 66,000 Buildings 80,600 Notes payable (due in 9 years) 62,000 Prepaid rent 8,600 Office supplies 5,200 Merchandise inventory 17,200 Land 54,000 Accounts payable 26,000 Accumulated depreciation-Building 8,200 Prepaid insurance 6,200 Mortgages payable (due in 5 years) 44,000 Accounts receivable 20,000 Cash 48,000 Common stock 26,000 Required: Prepare a classified balance sheet. (Amounts to be deducted should be indicated by a minus sign.)

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins