Presented below are changes in all account balances of ABC inc. during the current year, except for retained earnings. Increase (Decrease) Cash 20,000 Accounts Receivable (net) (31,000) Inventory 65,000 Investments 19,000 Accounts Payable 30,000 Bonds Payable (23,000) Common Stock 7,000 Paid-In Capital in Excess of Par-Common Stock 48,000 Assume there were no entries in the Retained Earnings except for net income and a dividend declaration of $1,000 which was paid in the current year. What did ABC report for net income during the current year

Cool beans is a locally owned coffee shop that competes with two large coffee chains, planeteuro and frothies. alicia, the owner, hired two students to count the number of customers that entered each of the coffee shops to estimate what percent of people who are interested in coffee are visiting each shop. after a week, the students found the following results: 589 visited cool beans, 839 visited planeteuro, and 1,290 visited frothies. the students were surprised that cool beans had 139 visits on monday which represented 59% of all people who visited one of the three coffee shops on mondays. how many people visited one of the three coffee shops during the week?

In a team environment, a coordinator is? a person with expert knowledge or skills in a particular area the team needs. a good listener who works to resolve social problems among teammates. a leader who team members focus on their tasks. a good networker who likes to explore new ideas and possiblities.

Kelso electric is debating between a leveraged and an unleveraged capital structure. the all equity capital structure would consist of 40,000 shares of stock. the debt and equity option would consist of 25,000 shares of stock plus $280,000 of debt with an interest rate of 7 percent. what is the break-even level of earnings before interest and taxes between these two options?