MASTERY PROBLEM John Neff owns and operates Waikiki Surf Shop. A year-end trial balance is provided

on page 563. Year-end adjustment data for the Waikiki Surf Shop are shown below.

(a and b) A physical count shows merchandise inventory costing $45,000 on hand

as of December 31, 20-- Neff uses the periodic inventory system.

(c) Supplies remaining at the end of the year, $600.

(d) Unexpired insurance on December 31, $900.

(e) Depreciation expense on the building for 20--, $6,000.

(f) Depreciation expense on the store equipment for 20--, $4,500.

(g) Wages earned but not paid as of December 31, $675.

(h) Unearned boat rental revenue as of December 31, $3,000.

REQUIRED

1. Prepare a year-end work sheet.

Consumers who participate in the sharing economy seem willing to interact with total strangers. despite safety and privacy concerns, what do you think is the long-term outlook for this change in the way we think about interacting with people whom we don't know? how can businesses to diminish worries some people may have about these practices?

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Global tek plans on increasing its annual dividend by 15 percent a year for the next four years and then decreasing the growth rate to 2.5 percent per year. the company just paid its annual dividend in the amount of $.20 per share. what is the current value of one share of this stock if the required rate of return is 17.4 percent? $1.82 $218 $2.03 $2.71 $3.05