How many budgets does cash appear in?

The Sampson Company reported the following: Cash 1,200 Unearned revenue 600 Accounts payable 1,600 Revenue 42,800 Notes payable 12,900 Inventory 6,400 Accounts receivable 800 Equipment 27,600 Supplies 200 Cost of goods sold 34,300 Interest expense 50 Rent expense 2,400 What is the company’s current ratio?  Round your final answer to two decimal places.

Which of the following would be considered a capital expenditure? The cost of replacing an oil filter in a truck [response1] The cost of replacing a delivery vehicle [response2] The cost of replacing a power cord in an office copier [response3]  

Which of the following would be considered an investing activity? Payment of a dividend [response1] Payment of rent [response2] Purchase of equipment [response3] Payment for utilities [response4] Purchase of inventory [response5]  

If you deposited $425 into a savings account that paid 3% interest, how much would be in the account in three years, if you never made any additional deposits or withdrawals?  Use time value of money factors with at least four decimal places and then round your final answer to the nearest whole dollar.

The Carbon Corporation had the following sales forecast: January 440 February 500 March 380 April 300 May 320 The company buys products for $320 each and then resells them for $430 each and pays for operating expenses of $2,100 in rent and $6,300 in salaries each month.  The company maintains ending inventory of 20% of next month’s sales and had 130 units of inventory at the end of last year.  For March, what total dollar amount would appear in the company’s purchases budget?

A CVP income statement is used to

The Morgan Company developed the following standards for the manufacture of its product: Each unit should have 1.5 pounds of direct materials purchased at $8 per pound. Each unit should be produced in 1 minute at a direct labor cost of $12 per hour. Actual production was 30,000 units using 44,000 pounds of direct materials at a total cost of $355,000 and required 580 direct labor hours at a total cost of $7,200. What was the direct materials quantity variance for the company?  Use a positive number to indicate a favorable variance or a negative number to indicate an unfavorable variance.

For how many of the financial analysis ratios that we reviewed for class, is a lower result considered favorable? 

How many financial statements report results over a period of time?