The following information was drawn from the inventory records of Alpha Company as of December 31, Year 2.

Beginning inventory (purchased in Year 1) 200 Units @ $5 each
Purchases made in Year 2 800 Units @ $8 each
Units Sold 900 Units @ $12 each

Which of the following is the amount of the gross margin assuming Alpha uses a FIFO cost flow method?

a) $3,900 b) $6,900 c) $4,200 d) $6,600

Jansen company borrowed $12,000 on a 1-year, 5 percent note payable from the local bank on april 1. interest was paid quarterly, and the note was repaid one year from the time the money was borrowed. calculate the amount of cash payments jansen was required to make in each of the two calendar years that were affected by the note payable.

Aland development company purchases several acres of land adjacent to a wildlife reserve. it plans to build a new community, complete with shops and schools. green sands, a local environmental group, complains that the company's proposed building methods will disrupt the area's ecological balance. the company wants to respect the local ecology but also wants to build its development. the company decides to schedule a meeting with green sands's representatives to make choices about the property that are agreeable to both sides. which strategy would be most effective in this situation?

Maker-bot corporation has 10,000 shares of 10%, $90 par value, cumulative preferred stock outstanding since its inception. no dividends were declared in the first two years. if the company pays $400,000 of dividends in the third year, how much will common stockholders receive?