Cadux candy company’s income statement for the year ended december 31, 2013, reported interest expense of $2 millionand income tax expense of $12 million- current assets listed in its balance sheet include cash, accounts receivable, andinventories. property, plant, and equipment is the company’s only noncurrent asset. financial ratios for 2013 are listedbelow. profitability and turnover ratios with balance sheet items in the denominator were calculated using year-endbalances rather than averages-debt to equity ratio. cid-test ratioimes interest earned ratioreturn on shareholders’ equityprofit margin on salesross profit margin -gross profit divided by net sales]inventory turnoverreceivables turnover

What are six resources for you decide which type of business to start and how to start it?

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.

In a chapter 7 bankruptcy, a debtor: