Lantz company has provided the following information: • cash sales totaled $255,000. • credit sales totaled $479,000. • cash collections from customers for services yet to be provided totaled $88,000. • a $22,000 loss from the sale of property and equipment occurred. • interest income was $7,700. • interest expense was $19,900. • supplies expense was $336,000. • rent expense for the store was $36,000. • wages expense was $49,000. • other operating expenses totaled $79,000. • unearned revenue was $4,000. what is the amount of lantz's operating revenues?

Singer and mcmann are partners in a business. singer’s original capital was $40,000 and mcmann’s was $60,000. they agree to salaries of $12,000 and $18,000 for singer and mcmann respectively and 10% interest on original capital. if they agree to share remaining profits and losses on a 3: 2 ratio, what will mcmann’s share of the income be if the income for the year was $15,000?

The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.