Crane Company uses the gross profit method to estimate inventory for monthly reporting purposes.

Presented below is information for the month of May.

Inventory, May 1 $ 171,200

Purchases (gross) 596,600

Freight-in 28,400

Sales revenue 957,000

Sales returns 64,700

Purchase discounts 12,300

Compute the estimated inventory at May 31, assuming that the gross profit is 25% of net sales. The estimated inventory at May 31

Suppose a business firm faces the following demand equation: Q = 40 – 0.5P. Marginal cost is MC = $20.

b. What type of businesses should consider implementing the two-part pricing strategy? Briefly explain your answer

a. Suppose the firm applies the two-part pricing strategy. Compute the fixed fee, variable (per unit) fee, output, revenue and cost associated with this pricing

t beginning of this year, XYZ Company has a machine worth 1000k, cash 30k, account receivable 200k, inventory 100k, account payable 50k, and notes payable 80k. During this year, XYZ had sold 75k of inventory, which brought in 120k in revenue (with half cash and half credit). In addition, the company also paid down 37.5% of the notes payable. What is the change of NWC this year?

Assume the US imposes a $10 tariff on Swedish hot tubs being imported to the US. Graph the effects of this tariff, showing the following items on the graph: (10 points)

consumer surplus

producer surplus

government revenue

deadweight loss

what happens to the price after the tariff

what happens to the quantity of supply and demand after the tariff

Use letters to label the different areas on the graph where need

Please give complete answer with explanation:

Corporation G purchases a $120,000 par,10% bond at 104 on January 1, 19A. The interest is payable annually on December 31 and the bond matures in 5 years.

a. Prepare the required entries for January 1 and December 31

b. Determine the net interest revenue for the year

c. Show how this bond would be presented on the balance sheet on Dec 31, 19A

The Capital structure of ABC Ltd, is as under:

Equity share capital ₹ 100 Lacs

10% Debentures ₹ 50 Lacs

The sales for the year 2019 are 1.5 Lac units@ ₹ 40per unit

 Also, the variable cost per unit is 20 % of sales revenue

 ₹ 12 Lacs is the fixed operating cost.

 Assume Income tax rate as 40 %

Calculate Operating, Financial and Combined Leverage of the firm and interpret the result.

Imagine that you work in the accounting department of a university and your boss has asked you to explain components of revenue, expenses, and changes in net asset that are reported on the university’s statement of revenues.

Respond to the following in a minimum of 175 words:

Discuss at least two unique situations or transactions that you may encounter. Describe any circumstances the entity may engage in activities that result in Unrelated Business Income Tax (UBIT).