The following transactions occurred during march 2021 for the wainwright corporation. the company owns and operates a wholesale warehouse. issued 22,000 shares of common stock in exchange for $220,000 in cash. purchased equipment at a cost of $24,000. $6,000 cash was paid and a notes payable to the seller was signed for the balance owed. purchased inventory on account at a cost of $68,000. the company uses the perpetual inventory system. credit sales for the month totaled $80,000. the cost of the goods sold was $48,000. paid $3,250 in rent on the warehouse building for the month of march. paid $5,350 to an insurance company for fire and liability insurance for a one-year period beginning april 1, 2021. paid $48,000 on account for the merchandise purchased in 3. collected $36,000 from customers on account. recorded depreciation expense of $600 for the month on the equipment. required: analyze each transaction and show the effect of each on the accounting equation for a corporation. (amounts to be deducted should be indicated by a minus sign. enter the net change on the accounting equation.)

The beach dude (bd) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). this case describes bd's sales and collection process. each bd salesperson works with a specific group of customers throughout the year. in fact, they often surf with their customers to try out the latest surf gear. the bd salespeople act laid-back, but they work hard for their sales. each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. because bd makes the best surfing products, the customers look forward to the visits from the bd salespeople. and they often buy a lot of gear. each sale is identified by a unique invoice number and usually involves many different products. customers pay for each sale in full within 30 days, but they can combine payments for multiple sales. bd manages its clothing inventory by item (e. g., xl bd surfer logo t-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e. g., surfing products, casual wear, . draw a uml class diagram that describes the beach dudes sales and collection process. b. using microsoft access, implement a relational database from your uml class diagram. identify at least three fields per table. c. describe how you would use the relational database to determine the beach dude’s accounts receivable.

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5

The strategy of first determining what the market is willing to pay, then subtracting a desired profit margin to determine a desired cost of production is called