Gomez Company uses a sales journal, purchases journal, cash receipts journal, cash payments journal, and general journal. Journalize the following transactions that should be recorded in the purchases journal. July 1 Purchased $19,500 of merchandise on credit from Hector Company, terms n/15.
July 4 Sold merchandise costing $820 to C. Paul for $930 cash.
July 8 Purchased $620 of office supplies from Zhang Company on credit, terms n/30.
July 15 Paid Hector $19,500 cash for the merchandise purchased on July 1.
July 21 Purchased $1,035 of store supplies on credit from Staples, terms n/30.
July 22 Sold merchandise costing $2,500 to MicroTran for $3,000 on credit, terms n/30.
July 23 Purchased office supplies from Depot for $355 cash.
July 25 Purchased $5,000 of merchandise on credit from Alfredo Company, terms n/30.
July 27 Paid employee salaries of $2,150 in cash.

The following information is for alex corp: product x: revenue $12.00 variable cost $4.50 product y: revenue $44.50 variable cost $9.50 total fixed costs $75,000 what is the breakeven point assuming the sales mix consists of two units of product x and one unit of product y?

This problem has been solved! see the answercompute and interpret altman's z-scoresfollowing is selected financial information for ebay, for its fiscal years 2005 and 2006.(in millions, except per share data) 2006 2005current assets $ 4,970.59 $ 3,183.24current liabilities 2,518.39 1,484.93total assets 13,494.01 11,788.99total liabilities 2,589.38 1,741.00shares outstanding 1,368.51 1,404.18retained earnings 4,538.35 2,819.64stock price per share 30.07 43.22sales 5,969.74 4,552.40earnings before interest and taxes 1,439.77 1,445.18compute and interpret altman z-scores for the company for both years. (do not round until your final answer; then round your answers to two decimal places.)2006 z-score = answer2005 z-score = answerwhich of the following best describes the company's likelihood to go bankrupt given the z-score in 2006 compared to 2007.the z-score in 2006 is half of the 2005 score. both z-scores are well above the score that represents a healthy company.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly increased the risk of bankruptcy.the z-score in 2006 is half of the 2005 score. the z-score has decreased sharply, which suggests the company is in financial distress.the z-score in 2006 is double the 2005 score. the z-score has increased sharply, which suggests the company has greatly lowered the risk of bankruptcy.

Abond purchased for $950 was sold for $980 after one year. the interest received during the year is $25. the bond's yield is: