Jim manages a small factory that produces circuit boards. jim operates from the belief that a good product creates demand. he focuses much of his energy on developing operational efficiencies and increasing output. the company's salesperson darlene, however, views customer relationships and personal selling as being the highest priority. between the two of them, the firm has become known for its quality products and excellent customer relationships. refer to scenario 1.4. recently, darlene has found that they have begun to reach market saturation. she is having trouble finding new customers. one solution would be to increase the company's reach, perhaps by opening up locations in other areas. however, she knows this will be expensive. after noticing that many of their customers are planning on expanding and purchasing bigger facilities, darlene feels that the best option is to increase the company's

Which type of data is generally stored in different file formats, such as text files, spreadsheets, and so on?

P11.2a (lo 2, 4) fechter corporation had the following stockholders’ equity accounts on january 1, 2020: common stock ($5 par) $500,000, paid-in capital in excess of par—common stock $200,000, and retained earnings $100,000. in 2020, the company had the following treasury stock transactions. journalize and post treasury stock transactions, and prepare stockholders’ equity section. mar. 1 purchased 5,000 shares at $8 per share. june 1 sold 1,000 shares at $12 per share. sept. 1 sold 2,000 shares at $10 per share. dec. 1 sold 1,000 shares at $7 per share. fechter corporation uses the cost method of accounting for treasury stock. in 2020, the company reported net income of $30,000. instructions a. journalize the treasury stock transactions, and prepare the closing entry at december 31, 2020, for net income. b. open accounts for (1) paid-in capital from treasury stock, (2) treasury stock, and (3) retained earnings. (post to t-accounts.) c. prepare the stockholders’ equity section for fechter corporation at december 31, 2020.

conquest, inc. produces a special kind of light-weight, recreational vehicle that has a unique design. it allows the company to follow a cost-plus pricing strategy. it has $9,000,000 of average assets, and the desired profit is a 10% return on assets. assume all products produced are sold. additional data are as follows: sales volume 1000 units per year; variable costs $1000 per unit; fixed costs $4,000,000 per year; using the cost-plus pricing approach, what should be the sales price per unit?