Emerald City Umbrellas sells umbrellas and rain gear in​ Seattle, so its sales are fairly level across the year.​ However, it is branching out to other markets where it expects demand to be much more variable across the year. It expects sales in its new market​ of: ​(Click on the following icon to export the data displayed​ below.) Q1 Q2 Q3 Q4 Sales It carries inventory equal to of next​ quarter's sales, has accounts payable of of next​ quarter's sales, and accounts receivable of of this​ quarter's sales. a. Assume that it starts with in​ inventory, in accounts​ payable, and no accounts receivable for the new market. Forecast its working capital levels and changes over the four quarters. b. If Emerald City Umbrellas has net income equal to of​ sales, what will be its financing needs over the four​ quarters? a. Assume that it starts with in​ inventory, in accounts​ payable, and no accounts receivable for the new market. Forecast its working capital levels and changes over the four quarters. Calculate Emerald City​ Umbrellas' working capital level in the current period and over the next four​ quarters: ​(Round to the nearest​ dollar.)

When interest is compounded continuously, the amount of money increases at a rate proportional to the amount s present at time t, that is, ds/dt = rs, where r is the annual rate of interest. (a) find the amount of money accrued at the end of 3 years when $4000 is deposited in a savings account drawing 5 3 4 % annual interest compounded continuously. (round your answer to the nearest cent.) $ (b) in how many years will the initial sum deposited have doubled? (round your answer to the nearest year.) years (c) use a calculator to compare the amount obtained in part (a) with the amount s = 4000 1 + 1 4 (0.0575) 3(4) that is accrued when interest is compounded quarterly. (round your answer to the nearest cent.) s = $

Which of the following best describes why you need to establish goals for your program?

Alpha company uses the periodic inventory system for purchase & sales of merchandise. discount terms for both purchases & sales are, 2/10, n30 and the gross method is used. unless otherwise noted, fob destination will apply to all purchases & sales. the value of inventory is based on periodic system. on january 1, 2016, beginning inventory consisted of 350 units of widgets costing $10 each. alpha prepares monthly income statements. the following events occurred during the month of jan.: dateactivitya. jan. 3purchased on account 350 widgets for $11 each. b.jan. 5sold on account 400 widgets for $30 each. paid freight out with petty cash of $150.c. jan. 10purchased on account 625 widgets for $12 each. d.jan. 11shipping cost for the january 10 purchased merchandise was $400 was paid with a cheque by alpha directly to the freight company. e.jan. 12returned 50 widgets received from jan. 10 purchase as they were not the correct item ordered. f.jan. 13paid for the purchases made on jan. 3.g. jan. 21sold on account 550 widgets for $30 each. paid freight out with petty cash of $250.h. jan. 22authorize credit without return of goods for 50 widgets sold on jan. 21 when customer advised that they were received in defective condition. i.jan. 25received payment for the sale made on jan. 5.j. jan. 26paid for the purchases made on jan. 10.k. jan. 31received payment for the sale made on jan. 21.use this information to prepare the general journal entries (without explanation) for the january events. if no entry is required then enter the date and write "no entry required."