Marty's merchandise has budgeted sales as follows for the second quarter of the year: april $ 30,000 may $ 60,000 june $ 50,000 cost of goods sold is equal to 70% of sales. the company wants to maintain a monthly ending inventory equal to 120% of the cost of goods sold for the following month. the inventory on march 31 was below this target and was only $22,000. the company is now preparing a merchandise purchases budget for april, may, and june. the desired beginning inventory for june is: multiple choice $42,000 $35,000 $50,000 $38,000

The answer here, x=7, is not in the interval that you selected in the previous part. what is wrong with the work shown above?

What is a sales lead? a. an employee on the customer service team who deals with existing customers b. a sales person who works on a residual commission structure c. an expert in maslow's hierarchy of needs d. a potential customer who has shown interest in the company's product

Expert computers was started in 2018. the company experienced the following accounting events during its first year of operation: started business when it acquired $40,000 cash from the issue of common stock. purchased merchandise with a list price of $32,000 on account, terms 2/10, n/30. paid off one-half of the accounts payable balance within the discount period. sold merchandise on account for $28,000. credit terms were 1/20, n/30. the merchandise had cost expert computers $16,000. collected cash from the account receivable within the discount period. paid $2,100 cash for operating expenses. paid the balance due on accounts payable. the payment was not made within the discount period. required record the events in a horizontal statements model below. in the cash flows column, use the letters oa to designate operating activity, ia for investing activity, fa for financing activity, or nc for net change in cash. if the account is not affected by the event, leave the cell blank. the first event is recorded as an example. what is the amount of gross margin for the period? what is the net income for the period?