Tungsten Company, Inc., sells heavy construction equipment. There are 12,000 shares of capital stock outstanding. The annual fiscal period ends on December 31. The following condensed trial balance was taken from the general ledger on December 31, Current Year: Account Titles Debit Credit Cash $ 35,200 Accounts receivable (net) 16,100 Inventory, ending 52,500 Operational assets 41,000 Accumulated depreciation $ 17,300 Liabilities 24,100 Capital stock 73,600 Retained earnings, January 1, Current Year 16,880 Sales revenue 148,500 Sales returns and allowances 6,400 Cost of goods sold 78,900 Selling expense 14,400 Administrative expense 16,200 Bad debt expense 3,400 Sales discounts 8,100 Income tax expense 8,180 Totals $ 280,380 $ 280,380 2. The beginning balance in Accounts Receivable (net) was $16,200. Compute the receivables turnover ratio.

Gary becker's controversial the economics of discrimination concludes that price discrimination has no effect on final profits. price discrimination benefits monopolies. labor discrimination in hiring results in more efficient allocations of production. discrimination in hiring practices has no effect on final profits. labor discrimination harms firms that practice it due to increased labor costs. price discrimination harms monopolies, which refutes over two centuries of economic theory.

The cutting department of cassel company has the following production and cost data for july. production costs 1. transferred out 12,300 units. beginning work in process $0 2. started 3,900 units that are 60% materials 62,856 complete as to conversion labor 12,622 costs and 100% complete as manufacturing overhead 23,100 to materials at july 31. materials are entered at the beginning of the process. conversion costs are incurred uniformly during the process. determine the equivalent units of production for (1) materials and (2) conversion costs. materials conversion costs total equivalent units of production link to text link to text compute unit costs. (round unit costs to 2 decimal places, e. g. 2.25.) materials $ conversion costs $ link to text link to text prepare a cost reconciliation schedule. (round unit costs to 2 decimal places, e. g. 2.25 and final answers to 0 decimal places, e. g. 1,225.) cost reconciliation costs accounted for transferred out $ work in process, july 31 materials $ conversion costs total costs $

Based on what you learned about time management which of these statements are true