The comparative balance sheets of Sweet Inc. at the beginning and the end of the year 2017 are as follows. SWEET INC. BALANCE SHEETS Dec. 31, 2017 Jan. 1, 2017 Inc./Dec. Assets Cash $ 46,130 $ 14,130 $32,000 Inc. Accounts receivable 94,430 90,300 4,130 Inc. Equipment 42,430 24,300 18,130 Inc. Less: Accumulated Depreciation-Equipment 20,430 11,000 9,430 Inc. Total $162,560 $117,730 Liabilities and Stockholders’ Equity Accounts payable $ 23,430 $ 17,300 6,130 Inc. Common stock 101,130 82,300 18,830 Inc. Retained earnings 38,000 18,130 19,870 Inc. Total $162,560 $117,730 Net income of $47,430 was reported, and dividends of $27,560 were paid in 2017. New equipment was purchased and none was sold. Prepare a statement of cash flows for the year 2017.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation:

answer(b) equal; set period;