Information about the domestic and foreign operations of Radon Inc. is as follows: Geographic Area United States Britain Brazil Israel Australia Total Sales to unaffiliated customers $ 364,000 $ 252,000 $ 72,000 $ 58,000 $ 47,000 $ 793,000 Interarea sales between affiliates 38,000 19,000 6,000 63,000 Total revenue $ 402,000 $ 271,000 $ 78,000 $ 58,000 $ 47,000 $ 856,000 Profit 34,500 22,500 11,300 3,200 4,500 76,000 Long-lived assets 509,000 439,000 93,000 66,000 75,000 1,182,000 Required: Prepare schedules showing appropriate tests to determine which countries are material using a 10 percent materiality threshold. (Round your percentage answers to 1 decimal place.)

Fanning books buys books and magazines directly from publishers and distributes them to grocery stores. the wholesaler expects to purchase the following inventory: april may june required purchases (on account) $ 111,000 $ 131,000 $ 143,000 fanning books accountant prepared the following schedule of cash payments for inventory purchases. fanning books suppliers require that 85 percent of purchases on account be paid in the month of purchase; the remaining 15 percent are paid in the month following the month of purchase. required complete the schedule of cash payments for inventory purchases by filling in the missing amounts. determine the amount of accounts payable the company will report on its pro forma balance sheet at the end of the second quarter.

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?

Suppose that a paving company produces paved parking spaces (q) using a fixed quantity of land (t) and variable quantities of cement (c) and labor (l). the firm is currently paving 1,000 parking spaces. the firm's cost of cement is $3 comma 600.003,600.00 per acre covered (c) and its cost of labor is $35.0035.00/hour (w). for the quantities of c and l that the firm has chosen, mp subscript upper c baseline equals 60mpc=60 and mp subscript upper l baseline equals 7mpl=7. is this firm minimizing its cost of producing parking spaces?