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  • How to find "Materials Used" in this example?

    Hey, taking Corporate Finance and trying to prepare for my first test. I have a practice problem (or two) that are messing me up. The first one gives us some info and asks us to find several numbers like the amount in accounts receivable.

    The question I'm having is how to find "Materials Used" in this example. I was going to include my financial statements for more info, but apparently there is not room. Total Assets= 100k, Equity=65k, and total L+Eq=100k. There are a few other numbers I found on my own but I don't think they're pertinent. Thanks for any help!!

    Given info:

    Accounts Payable 5000

    Accounts Receivable ??? (it's 15,000)

    Additional Paid-in-Capital 35,000

    Cash 15,000

    Common Stock (0.30 par) 10,000

    COGS 150,000

    Beginning Depreciation 20,000

    Ending Depreciation 10,000

    Interest expense 2,000

    Begin Inventory 20,000

    Ending Inventory 10,000

    Long-term Debt 25,000

    Net-Fixed Assets 60,000

    Notes Payable 5,000

    OP Expenses (no depreciation) 50,000

    Dividends 13,000

    Sales 250,000

    Retained Earnings 20,000

    Taxes 17,000

    Materials Used ??????

    3 AnswersCorporations8 years ago
  • Something sweet for her but not overboard?

    There is this lady I've been talking to since about April. We've both made it clear that we like each other. She has some things going on in her life that stopped us from hooking up like instantly. We even stopped talking for about a month to simmer things down. We've both had relationships that started too fast and ended badly because of it. So we are also both Christian. We want to have a relationship that's in line with our beliefs.

    Well she has been kinda sick lately. Stomach issues. She's going for somewhat invasive procedure soon. She could have a lifelong genetic disorder... or just a sensitive stomach.

    We're just friends right now with a deep undercurrent of care for one another. I will see her next week for some face time before her procedure. I want to do something nice for her but not too like...overboard. I just want to be caring and nice but not freak her out.

    I thought of maybe trying to make her something good to eat that's easy on the stomach...that she can take with her....IDK....ideas???

    1 AnswerSingles & Dating8 years ago
  • How would you react to this confession? (20 &over only plz)?

    If someone you were interested in and had been talking to for about two weeks says to you:

    Hey...we shouldn't talk because I'm going to hurt you.

    Why? What's wrong?

    I have herpes....

    This is a serious question. A girl told me this recently.

    1 AnswerSingles & Dating8 years ago