4. johnny’s hardware store’s sales were $550,000 during 2019, and its year-end assets were $440,000. for 2020, sales are expected to grow by 5%, and since the firm is operating at full capacity, its assets must grow in proportion to sales. its current liabilities consisted of $65,000 of accounts payable, $25,000 of notes payable, and $55,000 of accruals. its after-tax profit margin is forecasted to be 17%, and the firm plans to pay out 25% of its earnings. based on the afn equation, what is the firm’s additional funds needed (afn) for 2020?

Match the vocabulary word to the correct definition. 1. human resources department 2. job description 3. ethics 4. labor relations 5. occupational safety & health administration a. a detailed list of the functions and requirements for a position b. the exchange between the employer and employee c. principles that define appropriate conduct d. the government agency responsible for monitoring safety in the workplace e. the division of a business responsible for hiring, managing,maintaining, and firing the workforce

An important application of regression analysis in accounting is in the estimation of cost. by collecting data on volume and cost and using the least squares method to develop an estimated regression equation relating volume and cost, an accountant can estimate the cost associated with a particular manufacturing volume. consider the following sample of production volumes and total cost data for a manufacturing operation. production volume (units) total cost ($) 400 4000 450 5000 550 5400 600 5900 700 6400 750 7000 compute b 1 and b 0 (to 2 decimals if necessary). b 1 b 0 complete the estimated regression equation (to 2 decimals if necessary). = + x what is the variable cost per unit produced (to 1 decimal)? $ compute the coefficient of determination (to 4 decimals). note: report r 2 between 0 and 1. r 2 = what percentage of the variation in total cost can be explained by the production volume (to 2 decimals)? % the company's production schedule shows 500 units must be produced next month. what is the estimated total cost for this operation (to 2 decimals)? $

When the amount for land is 36,000 and the amount paid for expenses is 10,000, the balance of total asset is