Tungsten Company, Inc., sells heavy construction equipment. There are 13,000 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 $ 33,700 Accounts receivable (net) 14,800 Inventory, ending 52,000 Operational assets 40,400 Accumulated depreciation $ 18,500 Liabilities 25,000 Capital stock 73,800 Retained earnings, January 1, Current Year 12,280 Sales revenue 147,600 Sales returns and allowances 6,800 Cost of goods sold 79,800 Selling expense 15,300 Administrative expense 16,100 Bad debt expense 2,300 Sales discounts 8,000 Income tax expense 7,980 Totals $ 277,180 $ 277,180 The beginning balance in Accounts Receivable (net) was $16,200. Compute the receivables turnover ratio.

Peppy roaney believes that pizza is a much more versatile dish than most people realize. as the national marketing manager for pizza guys, he observed how consumers were delighted with barbecue pizza, hawaiian pizza, mexican pizza and other unique combinations. his suggestions for other unusual pizzas, however, were met with a negative response by his superiors. even some of his colleagues laughed at his ideas. peppy's confidence in his ability to understand the market has led him to focus on planning a business of his own. peppy realizes that he will take a risk when he leaves his job with pizza guys and embarks upon a new venture: peppy's pizzazzeria. peppy is excited about the potential of profitably catering to the unmet desires of pizza consumers. peppy is confident that peppy's pizzazzeria will be a success, but only if he has enough money to do things right. since peppy has very little personal wealth, he knows he must obtain financial assistance. in order to prepare for meetings with bankers and p

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Amano s preguntes cationing to come fonds and consumer good 8. why did the u. s. government use rationing for some foods and consumer goods during world war ii?