At the end of its first month of operations, michael's consulting services reported net income of $29,200. they also had account balances of: cash $20,800; office supplies, $2,700 and accounts receivable $11,400. the owner's total investment for this first month was $5,700. there were no owner withdrawals in the first month in the first month calculate the ending balance in the owner's capital account to be reported on the statement of owner's equity multiple choice $34,900 $29,200 $23,500 $8,400 $5,700

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Match each definition in column 1 with a vocabulary word from column 2." some of the entries in column 2 do not apply costs which do not change with the level of output costs which change with the level of output the change in total costs resulting from an increase in output by one unit function showing the quantities of a particular good demanded at a range of price when the quantity supplied of a good is greater than the quantity demanded when the quantity demanded for a particular good is greater than the quantity supplied the price and quantity determined in a market when the supply equals the demand when revenue exceeds costs when costs exceeds revenue output where revenue = costs