Salon Secrets is a retail chain specializing in salon-quality hair-care products. During the year, Lady Barber had sales of $ 39,225,000. The company began the year with $ 2,985,000 of merchandise inventory and ended the year with $ 3, 785,000 of inventory. During the year, Lady Barber purchased $ 24,100, 000 of merchandise inventory. The company's selling, general, and administrative expenses totaled $ 7,00 ,000 for the year. Prepare Lady Barber's income statement for the year.

What is the difference between a public and a private corporation?

If temper company, a manufacturer of mattresses, was considering moving its production facilities to china but decided against it because the additional costs of shipping the mattresses back to the u.s. would offset the cost savings associated with moving the production facilities, the increased costs associated with shipping would be an example ofanswers: learning-curve economies.diseconomies of scale.economies of scale.competitive advantages.

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.