Hep the following events apply to guiltf seafood for the 2018 fiscal year 1. the company started when it acquired $60,000 cash by issuing common stock 2. purchased a new cooktop that cost $40,000 cash 3. earned $72,000 in cash revenue. 4. paid $25,000 cash for salaries expense 5. adjusted the records to reflect the use of the cooktop. purchased on january 1, 2018, the cooktop has an expected useful life of four years and an estimated salvage value of $4,000 use straight-line depreciation. the adjusting entry was made as of december 31, 2018 required record the above transactions in a horizontal statements model like the following one. (in the cosh flow column, indicate whether the item is an operating activity (oa), an investing activity (ia),a financing activity (fa) and net change in cash (nc). the letters na indicate that an element is not affected by the event. enter any decreases to account balances and cash outnows with。 minus sign.)

What is free trade? a. trade that is not subject to taxes or fees b. trade that governments do not interfere with c. trade with a high level of government regulation d. trade between states in the u.s. b

The following selected circumstances relate to pending lawsuits for erismus, inc. erismus’s fiscal year ends on december 31. financial statements are issued in march 2019. erismus prepares its financial statements according to u.s. gaap. required: indicate the amount erismus would record as an asset, liability, or not accrued in the following circumstances. 1. erismus is defending against a lawsuit. erismus's management believes the company has a slightly worse than 50/50 chance of eventually prevailing in court, and that if it loses, the judgment will be $1,000,000. 2. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages could fall anywhere in the range of $2,000,000 to $4,000,000, with any damage in that range equally likely. 3. erismus is defending against a lawsuit. erismus's management believes it is probable that the company will lose in court. if it loses, management believes that damages will eventually be $5,000,000, with a present value of $3,500,000. 4. erismus is a plaintiff in a lawsuit. erismus's management believes it is probable that the company eventually will prevail in court, and that if it prevails, the judgment will be $1,000,000. 5. erismus is a plaintiff in a lawsuit. erismus’s management believes it is virtually certain that the company eventually will prevail in court, and that if it prevails, the judgment will be $500,000.

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?