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z Kaylee James, acteur of fine chocolate, opened Kaylee's Sweets Collegetown on Februyt The hop Specialtres in a selection of gourmet chocolate candies and a

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Kaylee James, acteur of fine chocolate, opened Kaylee's Sweets Collegetown on Februyt The hop Specialtres in a selection of gourmet chocolate candies and a line of gourmet ke cream. You have been hired as manage Your duties include maintaining the store's financial records. The following transactions occurred in the first month of operations Received four shareholder contributions totaling $99300 cash to form the corporation is 400 shares of 500 . Pald three montrent for the store at $50 per month recorded as prepaid expen Purchased and received candy for $6.200 on account due in 60 days a Purchased supplies for and signed a two year $1.000 at the bank receiving that the tine Used the money from lef to purchase a computer for $2.800 for recordkeeping and inventory tracking used me balance for turniture and fixtures for the store Placed a grand opening advertisement in the local paper for S460 cant the actor in the current month n. Mede sales on Valentine's Day totaling $3,500 $2705 was in cash and the rest on accounts receivable. The cost of the candy sold was $1700 Made a $620 payment on accounts payable Colected accounts receivable of $170 from customers I Made a repair to one of the display cases for $540 cash m. Made cash sales of $3.900 during the rest of the month. The cost of the candy sold was $100 5. Aner three years in business, you are being evaluated for a promotion. One measures how effectively you managed the wes and expenses of the business. The following data are available 202 2020 2018 Total sket 812,50 353,614,000 Total Elabilities 51. 19.00 20,00 Tel stokholders' wity 36.000 les revenue . T. 52,00 23,710 11.00 3.00 30,00 At the end of 2021, Kaylee decided to open a second store, requiring loans and inventory purchases prior to the stores opening in cally 2022 Sa Compute the net profit margin ratio for each year, found your answers to 1 decimal place) Mate 2010

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