Todrick company is a merchandiser that reported the following information based on 1,000 units sold: sales . . . . . . . . . . . . . . . . . . . . $300,000 beginning merchandise inventory . . . . . . . $20,000 purchases . . . . . . . . . . . . . . . . . $200,000 ending merchandise inventory . . . . . . . . $7,000 fixed selling expense . . . . . . . . . . . . ? fixed administrative expense . . . . . . . . . $12,000 variable selling expense . . . . . . . . . . . $15,000 variable administrative expense . . . . . . . ? contribution margin . . . . . . . . . . . . . $60,000 net operating income . . . . . . . . . . . . $18,000

Data pertaining to the current position of forte company are as follows: cash $437,500 marketable securities 170,000 accounts and notes receivable (net) 320,000 inventories 700,000 prepaid expenses 42,000 accounts payable 240,000 notes payable (short-term) 250,000 accrued expenses 310,000 required: 1. compute (a) the working capital, (b) the current ratio, and (c) the quick ratio. round ratios to one decimal place. 2. compute the working capital, the current ratio, and the quick ratio after each of the following transactions, and record the results in the appropriate columns of the table provided. consider each transaction separately and assume that only that transaction affects the data given. round to one decimal place. a. sold marketable securities at no gain or loss, 75,000. b. paid accounts payable, 135,000. c. purchased goods on account, 100,000. d. paid notes payable, 105,000. e. declared a cash dividend, 125,000. f. declared a common stock dividend on common stock, 45,000. g. borrowed cash from bank on a long-term note, 205,000. h. received cash on account, 130,000. i. issued additional shares of stock for cash, 635,000. j. paid cash for prepaid expenses, 15,000.

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Which of the following is not part of the mission statement of the department of homeland security? lead the unified national effort to secure america protect against and respond to threats and hazards to the nation ensure safe and secure borders coordinate intelligence operations against terrorists in other countries