Guerrero Company engaged in the following events during 2012: 1. Began operations by issuing common stock to investors for $40,000 cash
2. Provided services to customers on account, $95,000
3. Collected $72,000 cash from accounts receivable
4. Paid salaries of $55,000 for the year
5. Adjusted accounts to reflect estimate that 2 percent of service revenues on account would be uncollectible
Required:
Determine Guerrero's
a. net income for 2012.
b. net cash flow from operating activities.
c. balance in accounts receivable at the end of 2012.
d. net realizable value of accounts receivable at the end of 2012.
e. total assets as of December 31, 2012.

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.

The smelting department of kiner company has the following production and cost data for november. production: beginning work in process 3,700 units that are 100% complete as to materials and 23% complete as to conversion costs; units transferred out 10,500 units; and ending work in process 8,100 units that are 100% complete as to materials and 41% complete as to conversion costs. compute the equivalent units of production for (a) materials and (b) conversion costs for the month of november. materials conversion costs total equivalent units

Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?