Average Annual Earning Column A
1.
Less than a High School Diploma:
Less than a High School Diploma
2.
Associate's Degree:
Associate's Degree
3.
Bachelor's Degree:
Bachelor's Degree
4.
Master's Degree:
Master's Degree
5.
Doctoral Degree (Ph. D.):
Doctoral Degree (Ph. D.)
Column B
a.$ 22,200
b.$ 65,600
c.$ 77,500
d.$ 38,350
e.$ 51,900

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.

Adecision is made at the margin when each alternative considers

Required information lansing company’s 2017 income statement and selected balance sheet data (for current assets and current liabilities) at december 31, 2016 and 2017, follow. lansing company income statement for year ended december 31, 2017 sales revenue $130,200 expenses cost of goods sold 53,000 depreciation expense 17,500 salaries expense 29,000 rent expense 10,100 insurance expense 4,900 interest expense 4,700 utilities expense 3,900 net income $7,100 lansing company selected balance sheet accounts at december 31 2017 2016 accounts receivable $6,700 $8,000 inventory 3,080 2,090 accounts payable 5,500 6,800 salaries payable 1,100 810 utilities payable 440 270 prepaid insurance 370 500 prepaid rent 440 290 required: prepare the cash flows from operating activities section only of the company’s 2017 statement of cash flows using the indirect method. (amounts to be deducted should be indicated with a minus sign.)