Susan company reported these income statement data for a 2-year period. 2022 2021 sales $315,000 $264,600 beginning inventory 50,400 37,800 cost of goods purchased 254,520 217,980 cost of goods available for sale 304,920 255,780 ending inventory 63,000 50,400 cost of goods sold 241,920 205,380 gross profit $73,080 $59,220 susan uses a periodic inventory system. the inventories at january 1, 2021 and december 31, 2022, are correct. however, the ending inventory at december 31, 2021 is overstated by $5,040. prepare correct income statement data for the 2 years.

Why should you not sign the tenant landlord agreement quickly and immediately

Compare the sources of consumer credit 1. consumers use a prearranged loan using special checks 2. consumers use cards with no interest and non -revolving balances 3. consumers pay off debt and credit is automatically renewed 4. consumers take out a loan with a repayment date and have a specific purpose a. travel and entertainment credit b. revolving check credit c. closed-end credit d. revolving credit

Neveready flashlights inc. needs $317,000 to take a cash discount of 3/15, net 70. a banker will loan the money for 55 days at an interest cost of $13,200. a. what is the effective rate on the bank loan? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) b. how much would it cost (in percentage terms) if the firm did not take the cash discount but paid the bill in 70 days instead of 15 days? (use a 360-day year. do not round intermediate calculations. input your answer as a percent rounded to 2 decimal places.) c. should the firm borrow the money to take the discount? no yes d. if the banker requires a 20 percent compensating balance, how much must the firm borrow to end up with the $317,000? e-1. what would be the effective interest rate in part d if the interest charge for 55 days were $7,200?