Income Statement Information Sales revenue $ 12,144,000 $ 8,800,000 Cost of goods sold 7,893,600 6,300,000 Net income 382,720 288,000 Balance Sheet Information Current assets $ 1,640,000 $ 1,540,000 Long-term assets 2,240,000 1,940,000 Total assets $ 3,880,000 $ 3,480,000 Current liabilities $ 1,240,000 $ 940,000 Long-term liabilities 1,460,000 1,460,000 Common stock 840,000 840,000 Retained earnings 340,000 240,000 Total liabilities and stockholders' equity $ 3,880,000 $ 3,480,000 Required: 1. Calculate the following profitability ratios for 2021: (Round your answers to 1 decimal place.)

On december 31, 2011, daggett company issued $750,000 of ten-year, 9% bonds payable for $700,353, yielding an effective interest rate of 10%. interest is payable semiannually on june 30 and december 31. prepare journal entries to reflect (a) the issuance of the bonds, (b) the semiannual interest payment and discount amortization (effective interest method) on june 30, 2012, and (c) the semiannual interest payment and discount amortization on december 31, 2012. round amounts to the nearest dollar.

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Mcdonald's fast-food restaurants have a well-designed training program for all new employees. each new employee is supposed to learn how to perform standardized tasks required to maintain mcdonald's service quality. due to labor shortages in some areas, new employees begin work as soon as they are hired and do not receive any off-the-job training. this nonconformity to standards creates