Baxter company balance sheet august 31, 2017 assets current assets: $23,600 accounts receivable 5,450 supplies 950 total current 30,000 equipment 11,000 total assets $41,000 (cash + acc. rec. + sup. + equip.) liabilities and stockholders’ equity current liabilities accounts payable $9,000 stockholders’ equity common 30,000 retained 2,000 32,000 total liabilities and stockholders’ equity $41,000 (acct. pay. + com. stock. + ret. earn.) what percent of assets were financed by creditors and investors respectively in baxter company? a. 20%, 80% b. 22%, 78% c. 30%, 70% d. 73%, 27%

Which of the following best explains why a large company can undersell small retailers? a. large companies can offer workers lower wages because they provide more jobs. b. large companies can pay their employees less because they do unskilled jobs. c. large companies can negotiate better prices with wholesalers. d. large companies have fewer expenses associated with overhead.

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?