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  • accounting help please need help!?

    The following data were taken from the income statements of Bordeaux Company.

    2012 2011

    Sales Revenue $6,420,000 $6,240,000

    Beginning inventory 970,000 837,000

    Purchases 4,840,000 4,661,000

    Ending inventory 1,020,000 970,000

    Compute for each year (a) the inventory turnover ratio and (b) the days in inventory. (Round all answers to 3 decimal places, e.g.25.122. Use rounded amounts for future calculations.)

    1 AnswerOther - Business & Finance8 years ago
  • Accounting Help please!?

    The following data are taken from the financial statements of Fleetwood Company.

    2012 2011

    Accounts receivable (net) , end of the year $560,000 $540,000

    Net sales on account 4,400,000 4,000,000

    Terms for all sales are 1/10, n/45

    Compute for each year (a) the receivables turnover ratio and (b) the average collection period. At the end of 2010, accounts receivable was $500,000. (Round all answers to 3 decimal places, e.g. 12.215.)

    1 AnswerOther - Business & Finance8 years ago
  • Accounting Help! Please!?

    2006 2005

    Net sales $5,261.3 $5,103.0

    Cost of goods sold 3,623.0 3,535.8

    Net income 150.5 146.7

    Accounts receivable 100.5 99.1

    Inventory 1,354.6 1,314.0

    Total assets 3,196.8 3,156.3

    Total common stockholders' equity 1,164.9 1,115.8

    Compute the following ratios for 2006

    Profit margin %

    Asset turnover times

    Return on assets %

    Return on common stockholders' equity %

    Gross profit rate %

    1 AnswerOther - Business & Finance8 years ago
  • Accounting HW Help!!!!!?

    Operating data for Robinson Corporation are presented here.

    2012 2011

    Sales $800,000 $600,000

    Cost of goods sold 520,000 408,000

    Selling expenses 120,000 72,000

    Administrative expenses 72,000 48,000

    Income tax expense 32,000 21,600

    Net income 56,000 50,400

    ROBINSON CORPORATION

    Condensed Income Statement

    For the Years Ended December 31

    2012

    2011

    Amount

    Percent

    Amount

    Percent

    Sales $800,000 % $600,000 %

    Cost of goods sold

    520,000

    %

    408,000

    %

    Gross profit

    280,000

    %

    192,000

    %

    Selling expenses 120,000 % 72,000 %

    Administrative expenses

    72,000

    %

    48,000

    %

    Total operating expenses

    192,000

    %

    120,000

    %

    Income before income taxes 88,000 % 72,000 %

    Income tax expense

    32,000

    %

    21,600

    %

    Net income

    $56,000

    %

    $50,400

    %

    1 AnswerOther - Business & Finance8 years ago
  • Accounting Help Please!?

    Here is financial information for Galenti Inc.

    December 31, 2012

    December 31, 2011

    Current assets $106,000 $80,000

    Plant assets (net) 400,000 360,000

    Current liabilities 91,000 65,000

    Long-term liabilities 122,000 90,000

    Common stock, $1 par 138,000 115,000

    Retained earnings 155,000 170,000

    GALENTI INC.

    Condensed Balance Sheet

    December 31

    Increase or (Decrease)

    2012 2011 Amount Percentage

    Assets

    Current assets $106,000 $80,000 $ %

    Plant assets (net) 400,000 360,000 %

    Total assets

    $506,000

    $440,000

    $

    %

    Liabilities

    Current liabilities $91,000 $65,000 $ %

    Long-term liabilities

    122,000

    90,000

    %

    Total liabilities

    $213,000

    $155,000

    $

    %

    Stockholders' Equity

    Common stock, $1 par 138,000 115,000 %

    Retained earnings

    155,000

    170,000

    %

    Total stockholders' equity

    293,000

    285,000

    %

    Total liabilities & stockholders' equity $506,000 $440,000

    $

    %

    1 AnswerOther - Business & Finance8 years ago
  • Accounting Help! Please!?

    2012 2011

    Sales Revenue $6,420,000 $6,240,000

    Beginning inventory 970,000 837,000

    Purchases 4,840,000 4,661,000

    Ending inventory 1,020,000 970,000

    Compute for each year (a) the inventory turnover ratio and (b) the days in inventory.

    3 AnswersOther - Business & Finance8 years ago
  • Accounting Help! Please!!?

    An inexperienced accountant for Osborn Corporation showed the following in Osborn's 2012 income statement: Income before income taxes $300,000; Income tax expense $72,000; Extraordinary loss from flood (before taxes) $60,000; and Net income $168,000. The extraordinary loss and taxable income are both subject to a 30% tax rate. Prepare a corrected income statement beginning with "Income before income taxes."

    ????

    ????

    ????

    Net of the $ ??? tax

    ??????

    1 AnswerOther - Business & Finance8 years ago
  • Whats a gnarly religion that I can do a presentation on?

    Whats like a really rad religion? I need one for my Philosophy class because im doing a powerpoint on one. I'm looking at like Scientology, Pageanism, etc. Something actually interesting, not like Christianity and pedo priests and all that stupid bull sh*t. My professor was talking about some religion that uses like candles and they pray to the candle every night about something and in a few weeks these prayers will be answered it was some sort of witch craft. but i dont remember the name of it just leave some intresting religions down below.

    NOT - Christian, Jewish, Muslim, Buddhist because all those suck ***. Thanks!

    9 AnswersReligion & Spirituality9 years ago
  • Does like this girl like me?!?!?

    Ok so im just like your average teen dude who likes to chill with friends, smoke weed and listen to dubstep because its like the voice of my generation. This chick is really cool and she like to take pics of like grass and leaves and stuff and i liked one on tumblr then another on blog spot and now she texts me a little bit. Does she like me? It feels like this world is just amazing. If youre wondering what i look like heres a pic. I dont have a pic of her but shes basically around my looks.

    http://www.flickr.com/photos/66624206@N03/66989209...

    1 AnswerSingles & Dating9 years ago
  • Is it wrong to want to mouth f*ck selena gomez?

    Ok like i basically dont want to do anything else with her.....all i want to do is mouth f*ck her and get j-biebs sloppy seconds.... cause that dude is gnar.

    1 AnswerSingles & Dating9 years ago
  • Am I Good Looking? Please Help! Serious answers only!?

    http://www.flickr.com/photos/66624206@N03/66989209...

    Am I good looking? Like I'm just your average hipster. I'm in the 9th grade and in like all honors classes but I still like to smoke weed and listen to dubstep.

    1 AnswerSingles & Dating9 years ago
  • Is Bucks County Community College Hard? (PA BC3)?

    Just wondering how difficult the courses are here. I'm a freshmen from Pitt and didn't do well the first semester so I'm going here for 3 more semesters to save some money then going back to pitt. Are the courses difficult here?

  • Is this weird? Just wondering. Thanks!?

    I know this probably sounds weird. But I was wondering if anyone else is like this. So I basically want to one day be a parent but I don't want a wife. I want to have a child though, just not a wife. I don't want to adopt ither. I want a kid that's my flesh and blood. I know this sounds stupid but is it really that weird? Do other people feel this way? Thanks. I'm just a kid in college right now so maybe I'll feel differently later on in life. But I was just wondering thanks!

    2 AnswersFamily9 years ago
  • Female Hamster had babies and need info!!!! Please help!?

    So my female djungarian hamster had 5 pups this morning I took out the male from the cage, but do I really need to keep him out? What will happen if I put him back in? Please just leave some info about DJUNGARIAN hamsters, not the other kinds, I've already read alot of info on them. Thanks.

    5 AnswersRodents9 years ago
  • How long is a hamster pregnancy term?

    I have a djungarian female that's pregnant. How long is this specific type of hamsters pregnancy term? Thanks!

    3 AnswersRodents9 years ago
  • Are my Hamsters pregnant? Please Help!!!?

    I got a male and a female djungarian on October 1st and he basically tried to have sex with her for the first full day. I don't really know if they actually conceived or not, which is the problem. Shes been drinking alot more, still kind of active, and still lets us hold her. She bites a little bit. I think I see her nipples but I'm not quite sure. Just would like to know if she is pregnant or not. Thanks!!

    3 AnswersRodents9 years ago
  • Where can I buy red belly Piranha's online?

    Wondering whats a reliable site to purchase red bellied Piranhas online. And for the people to tell me not to get them, I do have a large enough tank, and all the equipment that is needed (Internal and External Filter, etc. Thanks!

    2 AnswersFish9 years ago
  • Looking for hat? Need help!!?

    I'm looking for hats that aren't snap backs or fitted I'm looking for one that have the leather strap to tighten the hat. I'm looking for hats kind of like Supreme Camp Hats. Not looking to buy on eBay, trying to find a website. Thanks!

    2 AnswersFashion & Accessories9 years ago
  • Hamsters have sex? Questions! Please help!?

    Ok this is kind of bizarre. But I recently bought two djun. hamsters and ones a male and ones a female. I need some help. The male is very aggressive sexually. How long does he have to basically mount her for her to become pregnant? He humps her alot, but I don't know if she actually became pregnant. How can I tell? I need some info on basically the whole hamster breeding situation. Thanks! Any info will help!!

    5 AnswersRodents9 years ago
  • How to fix a cliche????? HELPPPP?

    What are some ways to fix or edit a cliche in a sentence?

    2 AnswersWords & Wordplay9 years ago