ent Curbstone Company Income Statement For the Year Ended August 31, 2018 Sales $8,595,000 Cost of goods sold 6,110,000 Income from operations $2,485,000 Expenses: Selling expenses $800,000 Administrative expenses 575,000 Delivery expense $425,000 Total expenses 1,800,000 $685,000 Other expense: Interest revenue 45,000 Gross profit $640,000 The income statement above contains errors. Prepare a corrected multi-step income statement.

Bcorporation, a merchandising company, reported the following results for october: sales $ 490,000 cost of goods sold (all variable) $ 169,700 total variable selling expense $ 24,200 total fixed selling expense $ 21,700 total variable administrative expense $ 13,200 total fixed administrative expense $ 33,600 the contribution margin for october is:

You are bearish on telecom and decide to sell short 100 shares at the current market price of $50 per share. a. how much in cash or securities must you put into your brokerage account if the broker’s initial margin requirement is 50% of the value of the short position? b. how high can the price of the stock go before you get a margin call if the maintenance margin is 30% of the value of the short position? (input the amount as a positive value. round your answer to 2 decimal places.)

Suggested retail price of $13,760, destination charge of $475, equipped with ac, cruise control, and a custom sound system for $800, $235, and $510, respectively. the sticker price for a vehicle with the these features and costs is