to the cloest hundreth, how much is the 2013 inventory flint and white company

27) Traynham Tractors has a debt-to-total-assets ratio of 0.61 Automotive has 0.99. Which of the following statements is true a) Adel reported more dollars of profit than Traynham. b) Adel has more total debt than does Traynham. c) Adel is able to bring its product to market more efficien Traynham. d) Traynham would likely be able to borrow money at a lower rate than would Adel. 28) Fran Company has beginning equity of $300,000, net inco $50,000, dividends of $30,000 and investments by owners in ex for stock of $10,000. Its ending equity is: a) $223,000 b) $240,000 c) $268,000 d) $330,000 29) Smith Company purchases $60,000 of inventory during the peric sells $18,000 of it for $30,000. Beginning of the period inventor $3,000. What is the company's inventory balance to be reported balance sheet at year end? a) $18,000 b) $ 2,000 c) $45,000 d) $ 3,000 30) When merchandise that was sold on account is returned, the perpetual inventory system which accounts are affected in the b of the seller? a) Cash, accounts receivable, cost of goods sold, and sales returns b) Sales returns, accounts receivable, purchases, and cost of goods so c) Sales returns, accounts receivable, inventory, and cost of goods so d) Sales returns, accounts receivable, purchases, and inventory 27) Traynham Tractors has a debt-to-total-assets ratio of 0.61 Automotive has 0.99. Which of the following statements is true a) Adel reported more dollars of profit than Traynham. b) Adel has more total debt than does Traynham. c) Adel is able to bring its product to market more efficien Traynham. d) Traynham would likely be able to borrow money at a lower rate than would Adel. 28) Fran Company has beginning equity of $300,000, net inco $50,000, dividends of $30,000 and investments by owners in ex for stock of $10,000. Its ending equity is: a) $223,000 b) $240,000 c) $268,000 d) $330,000 29) Smith Company purchases $60,000 of inventory during the peric sells $18,000 of it for $30,000. Beginning of the period inventor $3,000. What is the company's inventory balance to be reported balance sheet at year end? a) $18,000 b) $ 2,000 c) $45,000 d) $ 3,000 30) When merchandise that was sold on account is returned, the perpetual inventory system which accounts are affected in the b of the seller? a) Cash, accounts receivable, cost of goods sold, and sales returns b) Sales returns, accounts receivable, purchases, and cost of goods so c) Sales returns, accounts receivable, inventory, and cost of goods so d) Sales returns, accounts receivable, purchases, and inventory