The Richburn Manufacturing Company increased its merchandise inventory by $11,000 over the year. The company also granted its customers more liberal credit terms which increased the accounts receivable by $31,500. Sales were $969,000 and the accounts payable decreased by $21,500. The gross profit on sales is 45%. Marketing and administrative expenses were $139,000; this included depreciation expense of $7,000. What were the cash disbursements for the year

Which of the following statements is correct? a) one drawback of forming a corporation is that it generally subjects the firm to additional regulationsb) one drawback of forming a corporation is that it subjects the firms investors to increased personal liabilitiesc) one drawback of forming a corporation is that it makes it more difficult for the firm to raise capitald) one advantage of forming a corporation is that it subjects the firm's investors to fewer taxese) one disadvantage of forming a corporation is that it is more difficult for the firm's investors to transfer their ownership interests

Asap describe three different expenses associated with restaurants. choose one of these expenses, and discuss how a manager could handle this expense.

How are interest rates calculated by financial institutions? financial institutions generally calculate interest as (1) interest or (.