Consider the following operating figures: Net sales $1,079,143 Cost and deductions: Cost of sales 792,755 Selling and administration 264,566 Interest expense, net 4,311 Income taxes 5,059 1,066,691 $ 12,452 Note: Depreciation expense totals $40,000. Required a. Compute the times interest earned. b. Compute the cash basis times interest earned.

Double corporation acquired all of the common stock of simple company for

Which are the best examples of costs that should be considered when creating a project budget?

Ardmore farm and seed has an inventory dilemma. they have been selling a brand of very popular insect spray for the past year. they have never really analyzed the costs incurred from ordering and holding the inventory and currently fave a large stock of the insecticide in the warehouse. they estimate that it costs $25 to place an order, and it costs $0.25 per gallon to hold the spray. the annual requirements total 80,000 gallons for a 365 day year.a. assuming that 10,000 gallons are ordered each time an order is placed, estimate the annual inventory costs.b. calculate the eoq.c. given the eoq calculated in part b., how many orders should be placed and what is the average inventory balance? d. if it takes seven days to receive an order from suppliers, at what inventory level should ardmore place another order?