Sales are budgeted at $350,000. all sales are on account and a provision for bad debts is made for each month at two percent of sales for the month. inventory was $101,000 on april 30; an inventory increase of $14,000 is planned for may 31. all inventory is marked to sell at cost plus 40 percent. estimated cash disbursements for selling and administrative expenses for the month are $65,000. depreciation for may is projected at $7,700. brownsville's budgeted cost of goods sold (cgs) in may is:

The treasurer for pittsburgh iron works wishes to use financial futures to hedge her interest rate exposure. she will sell five treasury futures contracts at $139,000 per contract. it is july and the contracts must be closed out in december of this year. long-term interest rates are currently 7.30 percent. if they increase to 9.50 percent, assume the value of the contracts will go down by 20 percent. also if interest rates do increase by 2.2 percent, assume the firm will have additional interest expense on its business loans and other commitments of $149,000. this expense, of course, will be separate from the futures contracts. a. what will be the profit or loss on the futures contract if interest rates increase to 9.50 percent by december when the contract is closed out

Most states have licensing registration requirements for child care centers and family daycare homes. these usually include minimum standard for operation. which of the following would you most likely find required in a statement of state licensing standards for child care centers?

What is the equity method balance in the investment in lindman account at the end of 2018?