The following transactions were completed by the company. A. The company completed consulting work for a client and immediately collected $6,200 cash earned. B. The company completed commission work for a client and sent a bill for $4,700 to be received within 30 days. C. The company paid an assistant $1,750 cash as wages for the period. D. The company collected $2,350 cash as a partial payment for the amount owed by the client in transaction b. E. The company paid $840 cash for this period's cleaning services. Required:Record the impact of each transaction on individual items of the accounting equation. Assets = Liabilities + Stockholders' EquityCash + Accounts = Accounts + Common - Dividends + Revenues - Expenses Receivable payable Stocka. 6,200 6,200b. 4,700 4,700Bal. 6,200 4,700 10,900 c. 1,750Bal. 6,200 4,700 10,900 1,750d. Bal. 6,200 4,700 10,900 1,750e. Bal. 6,200 4,700 10,900 1,750

Your uncle is considering investing in a new company that will produce high quality stereo speakers. the sales price would be set at 1.5 times the variable cost per unit; the variable cost per unit is estimated to be $75.00; and fixed costs are estimated at $1,200,000. what sales volume would be required to break even, i.e., to have ebit = zero?

Alarge university wanted to study the relationship between completing an internship during college and students' future earning potential. prom the same graduating class, they selected a random sample of 80 students who completed an internship and 100 students who did not complete an internship and examined their salaries five years after graduation. they found that there was a statistically higher mean salary for the internship group than for the noninternship group. which of the following interpretations is the most appropriate? a. there could be a confounding variable, such as student major, that explains the difference in mean salary between the internship and no internship groups.b. we cannot infer anything from these data since the distribution of salaries is likely right skewed.c. you cannot draw any valid conclusions because the sample sizes are different.d. more students should complete internships because having an internship produces a higher salary.

The master manufacturing company has just announced a tender offer for its own common stock. master is offering to buy up to 100% of the company's stock at $20 per share contingent on at least 64% of the outstanding shares being tendered. after the announcement of the offer, the stock closed on the nyse up 2.50 at $18.75. a customer has 100 shares of master stock in his cash account. the customer tells you that he wishes to "cash out" his position. you should recommend that the customer: