Radu is a global manufacturer of automotive parts. the annual reporting period ends dec. 31. below find balances for all of its income statement accounts in alphabetical order. all accounts have usual normal balances in usd. bad debt expense* 100 cost of goods sold       33,000 income tax expense   3,500 interest income and other non-operating revenues 200 other operating expenses 500 sales revenue 50,000 selling and administrative expense           4,700prepare a statement of income and determine the following: a. what is the dollar amount of the gross profit? b. what is the dollar amount of the income from operations? c. what is the dollar amount of the income before income tax? d. what is the dollar amount of the net income?

M. cotteleer electronics supplies microcomputer circuitry to a company that incorporates microprocessors into refrigerators and other home appliances. one of the components has an annual demand of 235 units, and this is constant throughout the year. carrying cost is estimated to be $1.25 per unit per year, and the ordering (setup) cost is $21 per order. a) to minimize cost, how many units should be ordered each time an order is placed? b) how many orders per year are needed with the optimal policy? c) what is the average inventory if costs are minimized? d) suppose that the ordering cost is not $21, and cotteleer has been ordering 125 units each time an order is placed. for this order policy (of q = 125) to be optimal, determine what the ordering cost would have to be.

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.

Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.