Yoshino, inc., a merchandising company, has the following budgeted figures:
jan feb mar april
sales $51,900 $69,000 $80,000 $91,000
cost of goods sold 50% of sales
required ending inventory $15,000 + 20% of next month's sales
inventory on hand on jan 1 $27,000
1. calculate the ending merchandise inventory for the month of march.
a) $40,000
b) $33,200
c) $27,750
d) $55,000

If we know that a firm has a net profit margin of 4.6 %, total asset turnover of 0.62, and a financial leverage multiplier of 1.54, what is its roe? what is the advantage to using the dupont system to calculate roe over the direct calculation of earnings available for common stockholders divided by common stock equity?

If you offer up your car as a demonstration that you will pay off your loan to a bank or another financial lending institution, you are using your car as collateral. true false

Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was: