The following transactions occurred during a recent year: .a Paid wages of $1,700 for the current period (example).
b. Borrowed $8,500 cash from local bank using a short-term note.
c. Purchased $3,400 of equipment on credit.
d. Earned $680 of sales revenue; collected cash.
e. Received $1,360 of utilities services, on credit.
f. Earned $2,870 of service revenue, on credit.
g. Paid $510 cash on account to a supplier.
h. Incurred $115 of travel expenses; paid cash.
i. Earned $680 of service revenue; collected half in cash, with balance on credit.
j. Collected $190 cash from customers on account.
k. Incurred $480 of advertising costs; paid half in cash, with balance on credit.

Required:
Determine the company’s preliminary net income.

Required information [the following information applies to the questions displayed below.] the following data is provided for garcon company and pepper company. garcon company pepper company beginning finished goods inventory $ 13,800 $ 18,850 beginning work in process inventory 16,700 20,700 beginning raw materials inventory 8,800 13,500 rental cost on factory equipment 28,250 26,650 direct labor 22,400 37,400 ending finished goods inventory 17,300 14,300 ending work in process inventory 23,200 19,400 ending raw materials inventory 5,900 9,600 factory utilities 11,250 15,000 factory supplies used 10,900 5,700 general and administrative expenses 32,500 44,500 indirect labor 2,500 9,880 repairs—factory equipment 4,820 2,150 raw materials purchases 41,500 63,000 selling expenses 54,800 49,000 sales 238,530 317,510 cash 33,000 23,700 factory equipment, net 222,500 124,825 accounts receivable, net 13,400 23,950 required: 1. complete the table to find the cost of goods manufactured for both garcon company and pepper company for the year ended december 31, 2017. 2. complete the table to calculate the cost of goods sold for both garcon company and pepper company for the year ended december 31, 2017.

Zapper has beginning equity of $257,000, net income of $51,000, dividends of $40,000 and investments by stockholders of $6,000. its ending equity is

Later movers do not face: entrenched competitors. reduced uncertainty over technologies. high growth markets. lower market uncertainty.