On December 31, Hawkin's records show the following accounts. Cash $9,100
Accounts Receivable 1,500
Supplies 2,100
Equipment 15,900
Accounts Payable 8,000
Common stock 13,700
Retained earnings, December 16,000
Dividends 2,900
Services Revenue 18,000
Wages Expense 8,000
Rent Expense 3,500
Utilities Expense 2,700

Required:
Use the above information to prepare a December income statement for Hawkins

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

Your grandmother told you a dollar doesn't go as far as it used to. she says the purchasing power of a dollar is much lesser than it used to be. explain what she means. try and use and explain terms like inflation and deflation in your answer.

Why should managers invest any excess cash