The December 31, Year 4, balance sheet for Adams Corporation is presented here. These are the only accounts on Adams’s balance sheet. Amounts indicated by question marks (?) can be calculated using the following additional information: ADAMS CORPORATION Balance Sheet As of December 31, Year 4 Assets Cash $ 25,000 Accounts receivable (net) ? Inventory ? Property, plant, and equipment (net) 294,000 $ 432,000 Liabilities and Stockholders’ Equity Accounts payable (trade) $ ? Income taxes payable (current) 25,000 Long-term debt ? Common stock 300,000 Retained earnings ? $ ? Additional Information Current ratio (at year end) 1.5 to 1.0 Total liabilities ÷ Total stockholders’ equity 80 % Gross margin percentage 30 % Inventory turnover (Cost of goods sold ÷ Ending inventory) 10.5 times Gross margin for Year 4 $ 315,000 Required a. Compute the balance in trade accounts payable as of December 31, Year 4. b. Compute the balance in retained earnings as of December 31, Year 4. c. Compute the balance in the inventory account as of December 31, Year 4. (Assume that the level of inventory did not change from last year.)

5. profit maximization and shutting down in the short run suppose that the market for polos is a competitive market. the following graph shows the daily cost curves of a firm operating in this market. 0 2 4 6 8 10 12 14 16 18 20 50 45 40 35 30 25 20 15 10 5 0 price (dollars per polo) quantity (thousands of polos) mc atc avc for each price in the following table, calculate the firm's optimal quantity of units to produce, and determine the profit or loss if it produces at that quantity, using the data from the previous graph to identify its total variable cost. assume that if the firm is indifferent between producing and shutting down, it will produce. (hint: you can select the purple points [diamond symbols] on the previous graph to see precise information on average variable cost.) price quantity total revenue fixed cost variable cost profit (dollars per polo) (polos) (dollars) (dollars) (dollars) (dollars) 12.50 135,000 27.50 135,000 45.00 135,000 if the firm shuts down, it must incur its fixed costs (fc) in the short run. in this case, the firm's fixed cost is $135,000 per day. in other words, if it shuts down, the firm would suffer losses of $135,000 per day until its fixed costs end (such as the expiration of a building lease). this firm's shutdown price—that is, the price below which it is optimal for the firm to shut down—is per polo.

Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.

Aproduct has a demand of 4000 units per year. ordering cost is $20, and holding cost is $4 per unit per year. the cost-minimizing solution for this product is to order: ? a. 200 units per order. b. all 4000 units at one time. c. every 20 days. d. 10 times per year. e. none of the above