Katie enterprises reports the year-end information from 20x8 as follows: sales (70,000 units) $560,000; cost of goods sold 210,000; gross margin 350,000; operating expenses 200,000; operating income $150,000. katie is developing the 20x2 budget. in 20x2, the company would like to increase selling prices by 4%, and as a result expects a decrease in sales volume of 10%. all other operating expenses are expected to remain constant. assume that cogs is a variable cost and that operating expenses are a fixed cost. what is budgeted cost of goods sold for 20x2?

The new york stock exchange is an example of physical or individual

Your aunt is thinking about opening a hardware store. she estimates that it would cost $300,000 per year to rent the location and buy the stock. in addition, she would have to quit her $45,000 per year job as an accountant. a. define opportunity cost. b. what is your aunt's opportunity cost of running a hardware store for a year? if your aunt thought she could sell $350,000 worth of merchandise in a year, should she open the store? explain.

Grant, inc., acquired 30% of south co.’s voting stock for $200,000 on january 2, year 1, and did not elect the fair value option. the price equaled the carrying amount and the fair value of the interest purchased in south’s net assets. grant’s 30% interest in south gave grant the ability to exercise significant influence over south’s operating and financial policies. during year 1, south earned $80,000 and paid dividends of $50,000. south reported earnings of $100,000 for the 6 months ended june 30, year 2, and $200,000 for the year ended december 31, year 2. on july 1, year 2, grant sold half of its stock in south for $150,000 cash. south paid dividends of $60,000 on october 1, year 2. before income taxes, what amount should grant include in its year 1 income statement as a result of the investment?