The following trial balance of Cullumber Company at December 31, 2020 has been properly adjusted except for the income tax expense adjustment. Cullumber Company Trial Balance December 31, 2020 Dr. Cr. Cash $ 874000 Accounts receivable (net) 2698000 Inventory 2085000 Property, plant, and equipment (net) 7570000 Accounts payable and accrued liabilities $ 1770000 Income taxes payable 651000 Deferred income tax liability 83000 Common stock 2344000 Additional paid-in capital 3675000 Retained earnings, 1/1/20 3542000 Net sales and other revenues 12843000 Costs and expenses 11160000 Income tax expenses 521000 $24908000 $24908000 Included in accounts receivable is $1180000 due from a customer and payable in quarterly installments of $147500. The last payment is due December 29, 2022. In Cullumber’s December 31, 2020 balance sheet, The final retained earnings balance is: a) $4621000. b) $3542000. c) $4704000. d) $5225000.

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:

explanation:

kool beans

anjan should should report alteast 5000 on the first apyment and 10,000 each year

explanation:

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