Northwest fur co. started 2016 with $94,000 of merchandise inventory on hand. during 2016, $400,000 in merchandise was purchased on account with credit terms of 1/15, n/45. all discounts were taken. purchases were all made f. o.b. shipping point. northwest paid freight charges of $7,500. merchandise with an invoice amount of $5,000 was returned for credit. cost of goods sold for the year was $380,000. northwest uses a perpetual inventory system. assuming northwest uses the gross method to record purchases, what is the cost of goods available for sale?
a. $492,500.
b. $496,500.
c. $490,500.
d. $492,550.

Larissa has also provided the following information. during the year, the company raised $36 million in new long-term debt and retired $20.52 million in long-term debt. the company also sold $22 million in new stock and repurchased $32.4 million. the company purchased $54 million in fixed assets, and sold $6,107,400 in fixed assets. larissa has asked dan to prepare the financial statement of cash flows and the accounting statement of cash flows. she has also asked you to answer the following questions: 1. how would you describe east coast yachts' cash flows? 2. which cash flows statement more accurately describes the cash flows at the company? 3. in light of your previous answers, comment on larissa's expansion plans.

The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.

Identify at least 3 body language messages that project a positive attitude