Ten workers will be stuffing envelopes with letters to prospective clients. each worker has to stuff, seal, address, and stamp 1,000 envelopes. however, there is no company letterhead available. the mailroom clerks make an order for letterhead to be delivered to the workers in order for each one to be able to finish their project. if each pack of letterhead brings 500 sheets, how many packs does the mail room need to order so that each worker can meet their goal?

Powell company began the 2018 accounting period with $40,000 cash, $86,000 inventory, $60,000 common stock, and $66,000 retained earnings. during 2018, powell experienced the following events: sold merchandise costing $58,000 for $99,500 on account to prentise furniture store. delivered the goods to prentise under terms fob destination. freight costs were $900 cash. received returned goods from prentise. the goods cost powell $4,000 and were sold to prentise for $5,900. granted prentise a $3,000 allowance for damaged goods that prentise agreed to keep. collected partial payment of $81,000 cash from accounts receivable. required record the events in a statements model shown below. prepare an income statement, a balance sheet, and a statement of cash flows. why would prentise agree to keep the damaged goods?