Complete the balance sheets and sales information in the following table, using the following financial data: Total assets turnover: 2.0 Gross profit margin on sales: 75% Total liabilities-to-assets ratio: 80% Quick ratio: 1.083333333 Days’ sales outstanding (based on 365-day year): 82.125 Inventory turnover ratio: 3.333333333 Partial income statement information Sales: Cost of goods sold: Balance sheets information: Cash Accounts payable Accounts receivable Long-term debt $200,000 Inventories Common stocks Fixed assets Retained earnings $120,000 Total assets $1,000,000 Total liabilities & equity

True or false: banks are required to make electronically deposited funds available on the same day of the deposit

Diversity is an obstacle all marketers face: true false

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)