In june 1985, joseph marcantuone and robert gieson purchased property located in east orange, new jersey. at the time of purchase, the property was partly occupied and leased to carriage trade cleaners, a dry cleaning establishment. a number of dry cleaners continuously operated on this site since 1930. marcantuone and gieson owned and operated a grocery store on another section of the property. they have never personally owned or operated a dry cleaning establishment on the property. jrm, llc, and sang hak shin were tenants on the property and the last operators of the dry cleaning establishment that utilized the hazardous substance tetrachloroethylene, or perchloroethylene (pce), during the time marcantuone and gieson owned the property. the city of east orange acquired the property through condemnation for the purpose of building a school on the property. but, the pce was discovered on the property and out of the $629,407 given to marcantuone and gieson as compensation for the taking, the city held back $182,035.20 for the cost of the pce clean-up. it cost the city a total of $212,000 to complete the clean-up of the property.
1. who is liable for the remaining amount due for the clean-up?
a. marcantuone and gieson
b. lessees of the dry-cleaning establishment
c. previous owners of the property
d. all of the above

Margaret company reported the following information for the current year: net sales $3,000,000 purchases $1,957,000 beginning inventory $245,000 ending inventory $115,000 cost of goods sold 65% of sales industry averages available are: inventory turnover 5.29 gross profit percentage 28% how do the inventory turnover and gross profit percentage for margaret company compare to the industry averages for the same ratios? (round inventory turnover to two decimal places. round gross profit percentage to the nearest percent.)

The chromosome manufacturing company produces two products, x and y. the company president, jean mutation, is concerned about the fierce competition in the market for product x. she notes that competitors are selling x for a price well below chromosome's price of $13.50. at the same time, she notes that competitors are pricing product y almost twice as high as chromosome's price of $12.50.ms. mutation has obtained the following data for a recent time period: product x product y number of units 11,000 3,000 direct materials cost per unit $3.23 $3.09 direct labor cost per unit $2.22 $2.10 direct labor hours 10,000 3,500 machine hours 2,100 1,800 inspection hours 80 100 purchase orders 10 30ms. mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. the overhead costs for this time period consisted of the following items: overhead cost item amount inspection costs $16,200 purchasing costs 8,000 machine costs 49,000 total $73,200using direct labor hours to allocate overhead costs determine the gross margin per unit for product x. choose the best answer from the list below.a. $1.93b. $3.12c. $7.38d. $2.43e. $1.73using activity-based costing for overhead allocation, determine the gross margin per unit for product y. choose best answer from list below.a. $10.07b. ($2.27)c. ($5.23)d. ($7.02)e. $7.02

The discussion of the standards for selection of peanuts that will be used in m& ms and the placement of the m& m logo on the candies speaks to which building block of a sustainable competitive advantage: