Financial data for redstone company for last year appear below: redstone company statements of financial position beginning balance ending balance assets: cash $ 120,000 $ 160,000 accounts receivable 110,000 100,000 inventory 50,000 60,000 plant and equipment (net) 180,000 160,000 investment in balsam company 50,000 60,000 land (undeveloped) 120,000 120,000 total assets $ 630,000 $ 660,000 liabilities and owners’ equity: accounts payable $ 70,000 $ 90,000 long-term debt 500,000 500,000 owners’ equity 60,000 70,000 total liabilities and owners’ equity $ 630,000 $ 660,000 redstone company income statement sales $ 1,222,000 less operating expenses 1,099,800 net operating income 122,200 less interest and taxes: interest expense $ 60,000 tax expense 20,000 80,000 net income $ 42,200 the company paid dividends of $32,200 last year. the "investment in balsam company" on the statement of financial position represents an investment in the stock of another company. required: a. compute the company's margin, turnover, and return on investment for last year. (round your intermediate calculations and final answers to 2 decimal places.)

Ming chen began a professional practice on june 1 and plans to prepare financial statements at the end of each month. during june, ming chen (the owner) completed these transactions. a. owner invested $61,000 cash in the company along with equipment that had a $25,000 market value. b. the company paid $1,900 cash for rent of office space for the month. c. the company purchased $15,000 of additional equipment on credit (payment due within 30 days). d. the company completed work for a client and immediately collected the $2,100 cash earned. e. the company completed work for a client and sent a bill for $7,000 to be received within 30 days. f. the company purchased additional equipment for $5,500 cash. g. the company paid an assistant $3,000 cash as wages for the month. h. the company collected $5,200 cash as a partial payment for the amount owed by the client in transaction e. i. the company paid $15,000 cash to settle the liability created in transaction c. j. owner withdrew $1,500 cash from the company for personal use. required: enter the impact of each transaction on individual items of the accounting equation. (enter decreases to account balances with a minus sign.)

He moto hotel opened for business on may 1, 2017. here is its trial balance before adjustment on may 31. moto hotel trial balance may 31, 2017 debit credit cash $ 2,283 supplies 2,600 prepaid insurance 1,800 land 14,783 buildings 72,400 equipment 16,800 accounts payable $ 4,483 unearned rent revenue 3,300 mortgage payable 38,400 common stock 59,783 rent revenue 9,000 salaries and wages expense 3,000 utilities expense 800 advertising expense 500 $114,966 $114,966 other data: 1. insurance expires at the rate of $360 per month. 2. a count of supplies shows $1,050 of unused supplies on may 31. 3. (a) annual depreciation is $2,760 on the building. (b) annual depreciation is $2,160 on equipment. 4. the mortgage interest rate is 5%. (the mortgage was taken out on may 1.) 5. unearned rent of $2,580 has been earned. 6. salaries of $810 are accrued and unpaid at may 31

Top flight is a commuter airline service that provides short flights to neighboring citles around houston, texas. to determine the quantity of planes it will purchase, top flight needs to examine the for its flights at the prices it intends to charge and at the times it intends to flight. a. supply b. demand c. equilibrium price d. break-even point