Acompany was formed with $61,300 cash contributed by its owners in exchange for common stock. the company borrowed $31,300 from a bank. the company purchased $11,300 of inventory and paid cash for it. the company also purchased $71,300 of equipment by paying $10,000 in cash and issuing a note for the remainder. what is the amount of the total liabilities to be reported on the balance sheet?

Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. the market value of the building is $120,000. she pays $35,000 per year for flowers and other supplies, and has a bank account that pays 5 percent interest. what is the economic cost of jen's business?

If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?

Carlton industries is considering a new project that they plan to price at $74.00 per unit. the variable costs are estimated at $39.22 per unit and total fixed costs are estimated at $12,085. the initial investment required is $8,000 and the project has an estimated life of 4 years. the firm requires a return of 8 percent. ignore the effect of taxes. what is the degree of operating leverage at the financial break-even level of output?