Last year, new era cap company (buffalo, ny celebrated its 90th anniversary in business as a privately held company that makes a variety of hats and one of two suppliers of official mlb (major league baseball caps. according to the new york times, the company invited '90 influential people to create one-of-a-kind caps to be auctioned off for charity.' as a student of marketing, you would categorize this promotional event as a form of

Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $360,000; cash paid for rent, $44,000; cash paid to employees for services rendered during the year, $124,000; cash paid for utilities, $54,000.in addition, you determine that customers owed the company $64,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $2,400 at year-end, and the rent payment was for a two-year period. calculate accrual net income for the year.