On December 31, Hawkin's records show the following accounts. Equipment $4,500
Cash 2,400
Rent Expense 3,000
Accounts Receivable 2,100
Services Revenue 17,500
Accounts Payable 7,500
Wages Expense 8,000
Utilities Expense 2,200

Required:
Use the above information to prepare a December income statement for Hawkin.

Aceramics manufacturer sold cups last year for $7.50 each. variable costs of manufacturing were $2.25 per unit. the company needed to sell 20,000 cups to break even. net income was $5,040. this year, the company expects the price per cup to be $9.00; variable manufacturing costs to increase 33.3%; and fixed costs to increase 10%. how many cups (rounded) does the company need to sell this year to break even?

Sonic corp. manufactures ski and snowboarding equipment. it has estimated that this year there will be substantial growth in its sales during the winter months. it approaches the bank for credit. what is the purpose of such credit known as? a. expansion b. inventory building c. debt management d. emergency maintenance

What is the relationship among market segmentation, target markts, and consumer profiles?