The Chang Company reported the following at the end of the year: Common stock 22,400 Notes payable 54,000 Equipment 26,300 Cash 4,500 Land 56,000 Accounts receivable 900 Accounts payable ? Retained earnings 15,900 Inventory 4,800 What amount should be reported for accounts payable? Duncan Corporation the following information available when 18,400 units were made: Direct materials 46,500 Wages of factory manager 4,200 Rent on office space 5,800 Wages for factory workers 33,600 Administrative salaries 26,880 Advertising (fixed) 5,250 If the company uses the cost plus approach to pricing and would like to achieve a thirty percent profit what price should it set for each of its products? Round your final answer to two decimal places. The Barnes Company started operations in 2019 when owners invested $40,000. During the year the company recorded $185,400 in revenues, $160,300 in expenses and $1,500 in dividends. The following year the company recorded $182,300 in revenues, $174,100 in expenses and no dividends. What is total equity at the end of 2020? The Hawthorne Company buys tables for $140 and sells them for $260 each; the company has the following sales forecast: August 2,000 units September 2,800 units October 3,100 units. Ending inventory for each month should be 20% of the next month's sales. The company had 36 units of inventory and $23,000 in cash on August 1st. The company has rent of $14,500 and fixed payroll of $38,200 each month. For August, what total dollar amount would appear in the company's purchases budget? The Hawthorne Company buys tables for $140 and sells them for $260 each; the company has the following sales forecast: August 2,000 units September 2,800 units October 3,100 units. Ending inventory for each month should be 20% of the next month's sales. The company had 36 units of inventory and $23,000 in cash on August 1st. The company has rent of $14,500 and fixed payroll of $38,200 each month. For October, what net income would appear on the company's income statement budget? The Perry Corporation completed the following transactions for the month: Owners begin company by investing $58,000 Purchased $5,900 of office equipment Sold $25,620 of services to customers on account Paid employee payroll of $17,400 Borrowed $7,400 from a bank Based on these transactions, what are the company's total assets at the end of the month