Consider the following financial data from the past year for midwest outdoor equipment corporation. gross income - $ 60,746,000 total sales - 58,538,000 total credit sales - 31,978,000 net income - 7,158,000 cost of goods sold - 30,324,000 total assets - 15,067,000 average inventory - 8,211,000 average receivables - 4,922,000receivable turnover = turnover = turnover =

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The leading producer of cell phone backup batteries, jumpstart, has achieved great success because they produce high-quality battery backups that are not too expensive. even so, another company that produces lower-quality batteries at the same price has also achieved some success, but not as much as jumpstart. also, in general, the price of backup batteries has declined because of economies of scale and learning. in addition, jumpstart has added complementary assets, such as a carrying case. considering all of these factors, the backup battery industry is most likely in the introduction stage. growth stage. shakeout stage. maturity stage.

Sam and diane are completing their federal income taxes for the year and have identified the amounts listed here. how much can they rightfully deduct? • agi: $80,000 • medical and dental expenses: $9,000 • state income taxes: $3,500 • mortgage interest: $9,500 • charitable contributions: $1,000.