Midyear on july 31st, the digby corporation's balance sheet reported: total liabilities of $25.589 million cash of $2.010 million total assets of $41.178 million total common stock of $1.270 million. what were the digby corporation's retained earnings? select: 1save answer $14.319 million $18.869 million $16.329 million $16.859 million

Assume that all of thurmond company’s sales are credit sales. it has been the practice of thurmond company to provide for uncollectible accounts expense at the rate of one-half of one percent of net credit sales. for the year 20x1 the company had net credit sales of $2,021,000 and the allowance for doubtful accounts account had a credit balance, before adjustments, of $630 as of december 31, 20x1. during 20x2, the following selected transactions occurred: jan. 20 the account of h. scott, a deceased customer who owed $325, was determined to be uncollectible and was therefore written off. mar. 16 informed that a. nettles, a customer, had been declared bankrupt. his account for $898 was written off. apr. 23 the $906 account of j. kenney & sons was written off as uncollectible. aug. 3 wrote off as uncollectible the $750 account of clarke company. oct. 20 wrote off as uncollectible the $1,130 account of g. michael associates. oct. 27 received a check for $325 from the estate of h. scott. this amount had been written off on january 20 of the current year. dec. 20 cater company paid $7,000 of the $7,500 it owed thurmond company. since cater company was going out of business, the $500 balance it still owed was deemed uncollectible and written off. required: prepare journal entries for the december 31, 20x1, and the seven 20x2 transactions on the work sheets provided at the back of this unit. then answer questions 8 and 9 on the answer sheet. t-accounts are also provided for your use in answering these questions. 8. which one of the following entries should have been made on december 31, 20x1?

Markets and competition in a perfectly competitive market, all producers sell identical goods or services. additionally, there are many buyers and sellers. because of these two characteristics, both buyers and sellers in perfectly competitive markets are pricetakers . true or false: the market for lettuce does exhibit the two primary characteristics that define perfectly competitive markets. true false

Just like a lot of other americans, john wayne died of cancer. but is there more to this story? in 1955, wayne was in utah shooting a film. across the state line, in nevada, the united states military was testing atomic bombs. radioactive fallout from those tests drifted across the filming location. a total of 46 of the 220 people working on the film eventually died of cancer. cancer experts estimate that one would expect only about 30 cancer deaths in a group this size. is the death rate among the movie crew unusually high? does this prove that exposure to radiation increases the risk of cancer?