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The following data are for Jayden Company, a retail merchandise store: Equipment $5,000 Interest Expense 2,800 Cash 970 Accounts Receivable 2,700 Net Income 5.540 Accounts
The following data are for Jayden Company, a retail merchandise store: Equipment $5,000 Interest Expense 2,800 Cash 970 Accounts Receivable 2,700 Net Income 5.540 Accounts Payable 2,030 Income Tax Expense 1.080 Cost of Goods Sold 10.900 3,060 Rent, Depreciation, and Other Operating Expenses Long-term Debt 44,000 All numbers are shown as positive amounts. You can tell from the label whether the items should be added, subtracted, or excluded from your calculations. If Jayden Company sells something for $1.00, how much does Jayden pay on average to buy that thing? 0 $0.47 O $0.60 O $0.71 O $1.97 On September 30 of 20X1, Index Company had finished goods inventory of 3,700 units. Starting in October, Index intends to have an inventory policy of maintaining ending inventory at the end of every month equal to the next TWO month's sales. For example, ending inventory at the end of October should be equal to forecasted sales in November plus forecasted sales in December. Forecasted sales for the months October 20X1 through January 20X2 are as follows: . . October: 2,700 units November: 3,300 units December: 9,500 units January: 8,400 units . What is the amount of budgeted PRODUCTION for OCTOBER? O 15,500 units 0 8,400 units O 12,800 units 11,800 units
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