SM Publishing Co. has approached Bank of Detroit and wants to borrow $250,000 in working capital. The firm provides the bank with the following financial statements. (10 points) Sales: $4,622,800
COGs: $3,504,100
Operating expense: $893,000
Purchase: $3,116,000
Assets Liability & Equity
Cash 50,000 A/P 166,000
A/R 375,000 Accrued Expense 37,000
Inventory 510,000 Notes payable (due in 18 months) 75,000
Fixed Asset 925,000 Current maturity of LT debt 25,000
Total Asset 1,860,000 LongTerm Debt 475,000
Equity 1,082,000
Total Liability&Equity 1,860,000
1). What’s the firm’s gross profit margin? Show your calculations.
2). What’s the firm’s net working capital? Show your calculations .
3). What’s the firm’s working capital loan needs? Show your calculations .

Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 31, 2017. 2. complete the table to calculate the cost of goods sold for both garcon company and pepper company for the year ended december 31, 2017.

Nextdoor is an instant messaging application for smartphones. new smartphone users find it easier to connect with friends and relatives through this mobile app when compared to other similar instant messaging applications. hence, it has the largest user base in the industry. thus, nextdoor app's value has increased primarily due to itsa. learning curve effects. b. economies of scale. c. economies of scope. d. network effects.

As you have noticed, the demand for flip phones has drastically reduced, and there are only a few consumer electronics companies selling them at extremely low prices. also, the current buyers of flip phones are mainly categorized under laggards. which of the following stages of the industry life cycle is the flip phone industry in currently? a. growth stage b. maturity stage c. decline stage d. commercialization stage