Felix runs green zone inc., a nursery and landscaping venture. his business flourishes during spring and early summer, but he made most of his inventory purchases during winter of theyear before. hence, he needs to be extremely careful about cash flow fluctuations. in this case, the capital expenditure budget would be the most beneficial option for felix. a) trueb) false

In terms of precent, beer has more alcohol than whiskey true or false

There is a small, family-owned store that sells food and household goods in a small town. the owners have good relations with the community, especially with local farmers who supply much of the food. the farmers aren't organized into a cooperative or union, and the store deals with each individually. suppose the store wanted to buy some farms to control the supply of certain vegetables. how would you classify this strategic move? select one: a. horizontal integration b. forward integration c. backward integration d. concentric integration

At the end of the current year, accounts receivable has a balance of $550,000; allowance for doubtful accounts has a credit balance of $5,500; and sales for the year total $2,500,000. an analysis of receivables estimates uncollectible receivables as $25,000. determine the net realizable value of accounts receivable after adjustment. (hint: determine the amount of the adjusting entry for bad debt expense and the adjusted balance of allowance of doubtful accounts.)