Thomson Company started business on January 1 of Year 1. On December 31 of Year 1, Thomson had the following account balances: Accounts receivable: $145,000 Sales revenues: $991,000 Income taxes payable: $29,000 Loan payable: $60,000 Cost of goods sold: $627,000 Cash: $80,000 Inventory: $33,000 Operating expenses: $235,000 Income tax expense: $30,000 Accounts payable: $60,000 Property, Plant, and Equipment: $166,000 Prepaid Rent: $60,000 Bonds Payable: $150,000 Capital Stock: $86,000 Given these data, what is the total amount of Thomson’s Stockholders’ Equity as of December 31 of Year 1?

Performance bicycle company makes steel and titanium handle bars for bicycles. it requires approximately 1 hour of labor to make one handle bar of either type. during the most recent accounting period, barr company made 7,700 steel bars and 2,300 titanium bars. setup costs amounted to $35,000. one batch of each type of bar was run each month. if a single company-wide overhead rate based on direct labor hours is used to allocate overhead costs to the two products, the amount of setup cost assigned to the steel bars will be:

You are a team of marketing consultants. it is 2008 and the great recession has struck. one of your clients is whole foods market (sometimes known as whole paycheck). wfm has come to you and asked for strategic advice on how to adapt their product and pricing strategies in light of the economic downturn: 1. advise wfm on the various approaches that could be taken to reducing price. be sure to consider potential psychological impact of price reductions on wfm consumers. 2. based on the options outlined in part 1, recommend an approach and support with marketing theory.

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(5 0,100)