The trial balance for swifty corporation appears as follows:
swifty corporation
trial balance
december 31, 2017
cash $250
accounts receivable 428
prepaid insurance 67
supplies 148
equipment 3280
accumulated depreciation, equipment $490
accounts payable 315
common stock 980
retained earnings 1150
service revenue 2468
salaries and wages expense 820
rent expense 410 0
$5403 $5403
if, on december 31, 2017, supplies on hand were $33, the adjusting entry would contain a:

Agood for which demand increases as income rises is and a good for which demand increases as income falls is

Garrett is an executive vice president at samm hardware. he researches a proposal by a larger company, maximum hardware, to combine the two companies. by analyzing past performance, conducting focus groups, and interviewing maximum employees, garrett concludes that maximum has poor profit margins, sells shoddy merchandise, and treats customers poorly. what actions should garrett and samm hardware take? a. turn down the acquisition offer and prepare to resist a hostile takeover. b. attempt a friendly merger and use managerial hubris to improve results at maximum. c. welcome the acquisition and use knowledge transfer to impart sam hardware's management practices. d. do nothing; the two companies cannot combine without samm hardware's explicit consent.

Mauro products distributes a single product, a woven basket whose selling price is $15 and whose variable expense is $12 per unit. the company’s monthly fixed expense is $4,200. required: 1. solve for the company’s break-even point in unit sales using the equation method. 2. solve for the company’s break-even point in dollar sales using the equation method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.) 3. solve for the company’s break-even point in unit sales using the formula method. 4. solve for the company’s break-even point in dollar sales using the formula method and the cm ratio. (do not round intermediate calculations. round "cm ratio percent" to nearest whole percent.)