The income statement for the windsor, inc. for the month ended july 31 shows service revenue $18,760, salaries and wages expense $9,350, maintenance and repairs expense $2,970, and income tax expense $1,360. the statement of retained earnings shows an opening balance for retained earnings of $21,890 and dividends $1,610.

Ending retained earnings_25360

Explanation:

revenue18760

Salaries and wages expense9350

manteinance and repairs2970

Income tax expense1360

Net Income 5080

retained earnings open balance_21890

dividends1610

Beginning RE + Net Income (Profit or Loss) – Dividends = Ending RE  

=21890+5080-1610=ending RE  

Ending retained earnings_25360

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

oof

explanation:

f