One year ago, the Jenkins Family Fun Center deposited $4,000 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $5,800 to this account. They plan on making a final deposit of $8,000 to the account next year. How much will be available when they are ready to buy the equipment, assuming they earn a rate of return of 7 percent

Amarket that consists of all possible consumers regardless of their specific needs or wants is a

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.

Money from an allowance or job is known as .