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Assuming the Perpetual Inventory Method is used, if sales are $75,000, cost of goodssold $50,000, opening inventory $20,000 and closing inventory $15,000, what is theGross Profit?Select one:a. $20,000b. $30,000c. $10,000d. $25,000 The following is a list of account balances for Pick-A.Pet, Incorporated, as of June 30 , Year 3 The company entered into the foliowing transactions during July, Year 3 . Stockholders contribute $440,000 cash for additional ownership shares and the company borrows $220,000 in cash from a bank to buy new equipment at a later date. No other transactions took place during July, Year 3 . Required: a. Prepare a classified balance sheet for the company at June 30 . Year 3 . b. Show the effects of the July transactions on the basic accounting equation. c. Prepare the journal entries that would be used to record the transactions Prepare a classified balance sheet for the company at June 30, Year 3. Complete this question by entering your answers in the tabs below. Show the effects of the July Mransactions on the basic accounting equation. (Enter any decreases to account balances wit Journal entry worksheet Stockholders contribute $440,000 cash for additional ownership shares. Record the entry. Note: Enter debits before credits. Journal entry worksheet The company borrows $220,000 in cash from a bank by signing a note payable to buy new equipment at a later date. Record the entry. Note: Enter debits before credits. Two Companies A and B were in the same industry and with almost same levels of turnover. Their sales is 3000 and cost of sales is 50%, Operating expenses is 20%of sale. Their cost of finance is 8.65% and assume there is no tax on income. Both have depreciation at 10% of the asset block. The equity and debt in Company A is 2000 and 2600. Company B has only equity of 4600. Both companies have fixed assets of 3800. Determine the EBITDA, EBIT, EBT and EAT and EPS. Investor M wants to invests in Company B but wants to replicate the capital structure of Company A how can he do it. Investor J wants to invest in Company A but wants the capital structure of Company B. How can he do it. A shaft is turning at 65.0 rad/s at time t=0 . Thereafter, its angular acceleration is given by=-10.0-5.00 twhere is in rad/s and t is in seconds.(b) Through what angle does it turn between t=0 and t=3.00s? 2: The role of the policy within health and safety management (a) What could the health and safety consultant say to the dentist about the role of the statement of general policy in a health and safety management system? (b) What needs to be done with the policy when the workers agree on the detail? Note: You should support your answer, where applicable, using relevant information from the scenario. According to the client's accounting records, checks totaling $31,482 were issued between January 1 and January 14 of the following year. You have obtained a cutoff bank statement dated January 14 containing paid checks amounting to $50,440. Of the checks outstanding at December 31 , checks totaling $3,600 were not returned in the cutoff statement, and of those issued per the accounting records in January, checks totaling $8,200 were not returned. Requlred: Prepare a working paper comparing (1) the total of all checks returned by the bank or still outstanding with (2) the total per the client's records of checks outstanding at December 31 plus checks issued from January 1-14. According to a story in the Woll Street Joumal, t-shirts for bands from the 1960 s and '70s (such as the Rolling Stones, Led Zeppelin, The Who, and the Ramones) have become increasingly popular among teenagers. In the steps below, explain the effects of this increased popularity on the equibrlium price and quantity of these t-shirts. a. Does the increased popularity represent a shift in demand for t-shirts, a shift in supply of t shirts, a shift in both demand and supply for t-shirts, or a shift in neither demand nor supply of t-shirts? Justify your answer. b. As a result of the shift (or shifts, or non-shift) you identified in part a, will there be a shortage or will there be a surplus of t-shirts? c. As a result of the situation you identified in part b, will the equilibrium price of t-shirts go up or go down? d. Will the equilibrium quantity of t-shirts increase or decrease? Explain why. Find the function value.cos (-305.3) Read the sentence.The mummies (was, were) an important discovery, but the real story (is, are) the stone tablets.Which verbs correctly complete the sentence?were, iswas, iswere, arewas, were Develop an Ishikawa diagram to identify possible causes of being short of food on the school serving line? A typical drum brake backing-plate has how many shoe support pads (also called ledges)? quizlet sellers, landlords, and real estate agents are required to include a in the contract or lease if the real estate was built prior to 1978. what was the first television sitcom to use a laugh track? All of the following are included in the constitution except __________. republicanism christianity adaptability secularism The cost of manufacturing a product includes all of the following except? materials. labor. advertising. a patient with mixed conductive and sensorineural hearing loss in the right ear has tried multiple medical therapies without recovery of her hearing. patient has consented to have an electromagnetic bone conduction hearing device implanted in the temporal bone. what cpt and icd-10-cm codes are reported? how is a federal loan different from a private loan for an education? a federal loan is available for any student who meets the governments lending standards. a private loan is only available for students who show a need. a federal loan is only available for students who show a need. a private loan is available for any student who meets the banks lending standards. a federal loan can only be used to pay for a students tuition. a private loan can be used to pay for a students tuition and any other expenses. a federal loan can be used to pay for a students tuition and any other expenses. a private loan can only be used to pay for a students tuition. Explain why each of the following changes would affect the rate of decomposition of a marble statie due to acid rain. (4 marks) CaCO 3( s)+HNO 3(aq)Ca(NO 3) 2(aq)+CO 2( g)+H 2O(1) a. The concentration of the acid is increased. b. Erosion due to wind and weathering increases the surface area on the surface of the statue. c. The statue is cooled in cold winter weather. d. The partial pressure of carbon dioxide gas in the atmosphere is increased due to greenhouse gases. A sinking fund collects monies over a period of time to pay for: a. Repair and maintenance of property b. Principal and return to the lender c. Insurance and management costs d. A and B Marine magnetic anomalies: Select all that apply Demonstrate that the Earth's magnetic field reverses periodically Allow one to compare the rate of plate divergence at different mid-ocean ridges None of the above Demonstrate the theory of seafloor spreading Which of these explains the major chemical differences between the crust and the mantle? The mantle is distilled from the crust by the processes of partial melting and volcanism The crust has more Si,Na,K, and Al than the mantle The crust has more metal in it than the mantle does, more like the core. The crust is dominated by SI,O,Mg, and Fe