G The adjusted trial balance for Kingbird, Inc. is given below. Kingbird, Inc. Trial Balance August 31, 2020 Before Adjustment After Adjustment Dr. Cr. Dr. Cr. Cash $10,400$10,400 Accounts Receivable 8,5009,700 Supplies 2,300600 Prepaid Insurance 4,0002,500 Equipment 14,30014,300 Accumulated Depreciation-Equipment $ 3,500$ 4,500 Accounts Payable 5,8005,800 Salaries and Wages Payable 01,400 Unearned Rent Revenue 1,600700 Common Stock 11,70011,700 Retained Earnings 3,600 3,600 Service Revenue 34,20035,400 Rent Revenue 10,90011,800 Salaries and Wages Expense 16,80018,200 Supplies Expense 01,700 Rent Expense 15,00015,000 Insurance Expense 01,500 Depreciation Expense 0 1,000 $71,300$71,300$74,900$74,900

1. descriptive statistics quickly describe large amounts of data can predict future stock returns with surprising accuracy statisticians understand non-numeric information, like colors refer mainly to patterns that can be found in data 2. a 15% return on a stock means that 15% of the original purchase price of the stock returns to the seller at the end of the year 15% of the people who purchased the stock will see a return the stock is worth 15% more at the end of the year than at the beginning the stock has lost 15% of its value since it was originally sold 3. a stock purchased on january 1 cost $4.35 per share. the same stock, sold on december 31 of the same year, brought in $4.75 per share. what was the approximate return on this stock? 0.09% 109% 1.09% 9% 4. a stock sells for $6.99 on december 31, providing the seller with a 6% annual return. what was the price of the stock at the beginning of the year? $6.59 $1.16 $7.42 $5.84

What additional information about the numbers used to compute this ratio might be useful in you assess liquidity? (select all that apply) (a) the maturity schedule of current liabilities (b) the average stock price for the industry (c) the average current ratio for the industry (d) the amount of current assets that is concentrated in relatively illiquid inventories

How an absolute advantage might affect a country's imports and exports?