Maxim company had the following partial listing of accounts and balances at year-end: cash, $7,000; accounts receivable, $6,000; accounts payable, $15,000; equipment, $23,000; inventories, $5,000; supplies, $1,000; investment in real estate, $75,000; unearned service revenue, $13,000; and prepaid rent, $4,000. the total current assets for maxim company . $98,000.b. $23,000.c. $149,000.d. $19,000.

Assume a firm's production process requires an average of 80 days to go from raw materials to finished products and another 40 days before the finished goods are sold. if the accounts receivable cycle is 70 days and the accounts payable cycle is 80 days, what would the operating cycle be?

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Sailcloth & more currently produces boat sails and is considering expanding its operations to include awnings for homes and travel trailers. the company owns land beside its current manufacturing facility that could be used for the expansion. the company bought this land 5 years ago at a cost of $319,000. at the time of purchase, the company paid $24,000 to level out the land so it would be suitable for future use. today, the land is valued at $295,000. the company has some unused equipment that it currently owns valued at $38,000. this equipment could be used for producing awnings if $12,000 is spent for equipment modifications. other equipment costing $490,000 will also be required. what is the amount of the initial cash flow for this expansion project?