Additional Information for 2022: Land of $660,000 was obtained by issuing a note payable to the seller. Buildings of $848,000 and equipment of $30,480 were purchased using cash. Monthly payments during the year reduced notes payable by $8,074. Issued common stock for $1,160,000. Purchased 11,600 shares of treasury stock for $23 per share. Sold 5,600 shares of treasury stock at $24 per share. Declared and paid a cash dividend of $13,320. Required: Prepare the statement of cash flows for the year ended December 31, 2022, using the indirect method.

Jack manufacturing company had beginning work in process inventory of $8,000. during the period, jack transferred $34,000 of raw materials to work in process. labor costs amounted to $41,000 and overhead amounted to $36,000. if the ending balance in work in process inventory was $12,000, what was the amount transferred to finished goods inventory?

Advanced enterprises reports year-end information from 2018 as follows: sales (160,250 units) $968,000 cost of goods sold 641,000 gross margin 327,000 operating expenses 263,000 operating income $64,000 advanced is developing the 2019 budget. in 2019 the company would like to increase selling prices by 14.5%, and as a result expects a decrease in sales volume of 9%. all other operating expenses are expected to remain constant. assume that cost of goods sold is a variable cost and that operating expenses are a fixed cost. should advanced increase the selling price in 2019?

Afamily wishes to save for future college expenses. which financial tool should the family invest in?