The following information was drawn from the 2016 accounting records of ozark merchandisers: 1. inventory that had cost $21,200 was sold for $39,900 under terms 2/20, net/30. 2. customers returned merchandise to ozark five days after the purchase. the merchandise had been sold for a price of $1,520. the merchandise had cost ozark $920. 3. all customers paid their accounts within the discount period. 4. selling and administrative expenses amounted to $4,200. 5. interest expense paid amounted to $360. 6. land that had cost $8,000 was sold for $9,250 cash. determine the amount of net sales prepare a multistep income statement. where would the interest expense be shown on the statement of cash flows? a. operating activitiesb. investing activitiesc. financing activitieshow would the sale of the land be shown on the statement of cash flows? a. the full sales price of the land, $9,250, would be shown as a cash inflow from financing activities on the statement of cash flows. b. the full sales price of the land, $9,250, would be shown as a cash inflow from investing activities on the statement of cash flows. c. the full sales price of the land, $9,250, would be shown as a cash inflow from operating activities on the statement of cash flows

On july 1, 2016, killearn company acquired 103,000 of the outstanding shares of shaun company for $21 per share. this acquisition gave killearn a 40 percent ownership of shaun and allowed killearn to significantly influence the investee's decisions. as of july 1, 2016, the investee had assets with a book value of $6 million and liabilities of $1,468,500. at the time, shaun held equipment appraised at $140,000 above book value; it was considered to have a seven-year remaining life with no salvage value. shaun also held a copyright with a five-year remaining life on its books that was undervalued by $562,500. any remaining excess cost was attributable to goodwill. depreciation and amortization are computed using the straight-line method. killearn applies the equity method for its investment in shaun. shaun's policy is to declare and pay a $1 per share cash dividend every april 1 and october 1. shaun's income, earned evenly throughout each year, was $580,000 in 2016, $606,600 in 2017, and $649,200 in 2018. in addition, killearn sold inventory costing $93,000 to shaun for $155,000 during 2017. shaun resold $97,500 of this inventory during 2017 and the remaining $57,500 during 2018.a. determine the equity income to be recognized by killearn during each of these years. 2016 2017 2018b. compute killearn’s investment in shaun company’s balance as of december 31, 2018.

Find the zeros of the polynomial 5 x square + 12 x + 7 by factorization method and verify the relation between zeros and coefficient of the polynomials

Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position