Charlie's Crispy Chicken (CCC) operates a fast-food restaurant. When accounting for its first year of business, CCC created several accounts Account Name Accounts Payable Balance 3, 100 Payment is due in 30 days Description 3, 600 Includes cash in register and in bank account 38, 000 Stock issued in exchange for owners' contributions 51, 000 Includes deep fryers, microwaves, dishwasher, etc. 24, 400 Held for future site 36, 000 Payment 1s due in s1X years Common Stock Equipment an of new restaurant Notes Payable (long-term) Retained Earnings Salaries and Wages Payable Supplies 4, 100Total earnings through September 30 300 Payment is due in 7 days 2, 500 Includes serving trays, condiment dispensers, etc. Required 1. Using the above descriptions, prepare a classified balance sheet at September 30 2. Calculate CCC's current ratio.

Titus manufacturing, inc. provided the following information for the year: purchases - direct materials $91,000 plant utilities and insurance 68,000 indirect materials 11,170 indirect labor 4270 direct materials used in production 99,000 direct labor 117,500 depreciation on factory plant & equipment 4000the inventory account balances as of january 1 are given below. direct materials $44,000 work-in-progress inventory 10,000 finished goods inventory 50,000what is the ending balance in the direct materials account? $135,000 $36,000 $110,170 $6000

When paul o’neill joined alcoa as ceo, he set a , that there would be zero workplace accidents. a lot of people in the organization thought this was impossible given how dangerous some aluminum-manufacturing jobs are, but alcoa’s safety record improved tremendously. as the board of governors of the american red cross considers planning, one option is to make strategic plans and then direct managers to align tactical and operational plans accordingly. another option is to have planning specialists managers across the organization make their own plans. why might this organization’s executives opt for the latter approach? check all that apply. (a) the environment is a dynamic one, and department and frontline managers can come up with more responsive plans than can central leadership. (b)resources will be better coordinated across the organization in support of the overall strategy.(c) senior leadership will have more control over the organization’s direction. (d)when managers come up with their own plans, they are likely to be more committed to following through on them.

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)