Mar. 29 received a $50,400, 60-day, 9% note dated march 29 from karie platt on account.
apr. 30 received a $39,000, 60-day, 8% note dated april 30 from jon kelly on account.
may 28 the note dated march 29 from karie platt is dishonored, and the customer’s account is charged for the note, including interest.
june 29 the note dated april 30 from jon kelly is dishonored, and the customer’s account is charged for the note, including interest.
aug. 26 cash is received for the amount due on the dishonored note dated march 29 plus interest for 90 days at 8% on the total amount debited to karie platt on may 28.
oct. 22 wrote off against the allowance account the amount charged to jon kelly on june 29 for the dishonored note dated april 30.
journalize the above transactions in the accounts of missouri gaming co., which operates a riverboat casino. refer to the chart of accounts for exact wording of account titles. assume a 360-day year.

Roi analysis using dupont model. charlie? s furniture store has been in business for several years. the firm? s owners have described the store as a ? high-price, highservice? operation that provides lots of assistance to its customers. margin has averaged a relatively high 32% per year for several years, but turnover has been a relatively low 0.4 based on average total assets of $800,000. a discount furniture store is about to open in the area served by charlie? s, and management is considering lowering prices in order to compete effectively. required: a. calculate current sales and roi for charlie? s furniture store. b. assuming that the new strategy would reduce margin to 20%, and assuming that average total assets would stay the same, calculate the sales that would be required to have the same roi as they currently earned. c. suppose that you presented the results of your analysis in parts a and b of this problem to charlie, and he replied, ? what

Why has the free enterprise system been modified to include some government intervention?

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