Information for two companies in the same industry, Marin Inc. and Vaughn Manufacturing, is presented here. Marin Inc. Vaughn Manufacturing
Net cash provided by operating activities $76,810 $95,100
Average current liabilities 48,800 104,900
Net income 203,000 203,000
Capital expenditures 36,230 67,280
Dividends paid 4,770 9,740
Compute free cash flow for both companies and compare.

The uno company was formed on january 2, year 1, to sell a single product. over a 2-year period, uno’s acquisition costs have increased steadily. physical quantities held in inventory were equal to 3 months’ sales at december 31, year 1, and zero at december 31, year 2. assuming the periodic inventory system, the inventory cost method which reports the highest amount for each of the following is inventory december 31, year 1/ cost of sales year 2 a: lifo fifo b: lifo lifo c: fifo fifo d: fifo lifo

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The retained earnings account has a credit balance of $24,650 before closing entries are made. if total revenues for the period are $77,700, total expenses are $56,900, and dividends are $13,050, what is the ending balance in the retained earnings account after all closing entries are made?