Answer:
The Federal Trade Commission Act is a law passed in 1914.
 
        
             
        
        
        
Answer:
The estimated inventory at the end of February is $73400 as shown below
Explanation:
Beginning Inventory $57,800
Plus: Net purchases $120000
Freight-in                     $2,700
Cost of Goods Available for Sale $180500
less: Cost of Goods Sold
Net Sales$180000
Less Estimated Gross Profit $81000
Estimated Cost of Goods Sold $99000
Estimated Inventory before Theft 81500
Less: Stolen Inventory 8,100
Estimated Ending Inventory 73400
Gross profit $180000*45%=$81000
 
        
             
        
        
        
Answer:
A) $38,650; 48.31%
Explanation:
The computation of the contribution margin and the contribution margin ratio is shown below:
Contribution margin = Service Revenue - Cleaning Supplies Used - wages expense
= $80,000 - $22,000 - $19,350
= $38,650
The variable cost is Cleaning Supplies Used + wages expense
And, the contribution margin ratio equals to
= (Contribution margin ÷ sales) × 100
= ($38,650 ÷ $80,000)  × 100
= 48.31%
 
        
             
        
        
        
A. True. A resume gives a potential employer important information about your qualifications and accomplishments. 
        
             
        
        
        
Answer:
B) 280,000; 200,000 
Explanation:
Assets = Liabilities + Shareholder Equity
Assets:
Cash                              $50,000 
Accounts receivable    $80,000 
Inventory                     $100,000 
Gross P&E                   $730,000
<u>depreciation               ($130,000)</u>
total                          = $830,000 
Liabilities: 
Accounts payable         $12,000 
Notes payable              $50,000 
<u>Long-term debt           $218,000 </u>
total                          = $280,000
Equity = $830,000 - $280,000 = $550,000
Common stock            $100,000
Add. paid-in capital    $250,000 
Retained earnings = $550,000 - $100,000 (common stock) - $250,000 (APIC) = $200,000