The pet store experienced the following events for the 2018 accounting period: acquired $60,000 cash from the issue of common stock. purchased $65,000 of inventory on account. received goods purchased in event 2 fob shipping point; freight cost of $900 paid in cash. sold inventory on account that cost $38,000 for $71,000. freight cost on the goods sold in event 4 was $620. the goods were shipped fob destination. cash was paid for the freight cost. customer in event 4 returned $4,200 worth of goods that had a cost of $2,150. collected $58,300 cash from accounts receivable. paid $59,200 cash on accounts payable. paid $2,600 for advertising expense. paid $3,100 cash for insurance expense. required which of these events affect period (selling and administrative) costs? which result in product costs? if neither, label the transaction na. record the above events in a horizontal statement model. in the cash flow column, use oa to designate operating activity, ia for investment activity, fa for financing activity, or nc for net change in cash. if the element is not affected by the event, leave the cell blank. the beginning balances have been recorded as an example.

Your assessment tool contains rich data about child progress in language and literacy but no details to explain the differences between children. you decide to: a. replace the tool with another b. analyze the data using factors such as language, ability, and participation rates c. review your anecdotal notations regarding language and literacy development d. talk with families about what they are seeing at home

You have $22,000 to invest in a stock portfolio. your choices are stock x with an expected return of 11 percent and stock y with an expected return of 13 percent. if your goal is to create a portfolio with an expected return of 11.74 percent, how much money will you invest in stock x? in stock y?

Fred smithers, a recent college graduate decided to open his own portable juice bar, smithers smoothies, to wheel around newport beach. you, a trusted friend of fred, are a business major that has also recently graduated and agreed to handle the books for a while to get some practical experience and have a favor that you can ask of fred in the future. given the following five transactions concerning the new venture, prepare the necessary journal entries for the transactions, post the journal entries to appropriate t accounts and prepare a trial balance as of the end of the month in order to answer to the necessary may 2: fred invests $12,000 of his own money to start the new company. this money was obtained from a part-time job working at a legal firm while he was in school. may 3: fred spent $5,100 cash to purchase a refrigerated trailer that he can pull behind his car and set up at the beach. under your advice, fred agrees to place the new asset under an account called "equipment." may 6: fred bought $640 of supplies on account from the flav-o-rite confectioners company. because they will last longer than a single accounting period fred agrees to record them as, "supplies" as per your suggestion. may 13: fred sat on the beach for six hours without a single sale and was feeling very down. right before he left, however, a plumber escorting his family reunion along the beach stopped by his stand and bought $800 worth of smoothies for the entire family. under your advice, fred agrees to call this cash revenue, "sales." may 15: excited about his new venture, fred withdraws $350 from the company to take his girlfriend out to dinner. what would be the balance in the cash account at the end of the period following the posting of all the transactions?