Elected data of islander company follow: as of december 31, balance sheet data 2017 2016 accounts receivable $ 500,000 $ 470,000 allowance for doubtful accounts (25,000 ) (20,000 ) net accounts receivable 475,000 450,000 inventories—lower of cost or market 600,000 550,000 year ended december 31, income statement data 2017 2016 net credit sales $ 2,500,000 $ 2,200,000 net cash sales 500,000 400,000 net sales 3,000,000 2,600,000 cost of goods sold 2,000,000 1,800,000 selling, general, and administrative expenses 300,000 270,000 other 50,000 30,000 total operating expenses 2,350,000 2,100,000 required: what is the accounts receivable turnover for 2017? what is the inventory turnover for 2017?

Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?

Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle

2. the language of price controls consider the market for rental cars. suppose that, in a competitive market without government regulations, the equilibrium price of rental cars is $58 per day, and employees at car rental companies earn $19.50 per hour. complete the following table by indicating whether each of the statements is an example of a price ceiling or a price floor and whether it results in a shortage or a surplus or has no effect on the price and quantity that prevail in the market. statement price control effect there are many teenagers who would like to work at car rental companies, but the minimum-wage law sets the hourly wage at $23.00. the government has instituted a legal minimum price of $87 per day for rental cars. the government prohibits car rental companies from renting out rental cars for more than $87 per day.