At the beginning of the year, Activewear Store Inc. had $300…

At the beginning of the year, Activewear Store Inc. had $300,000 of merchandise inventory. During the year, Activewear made inventory purchases of $850,000 and earned a gross profit of $540,000 on sales revenues of $1,200,000. Activewear’s cost of goods sold and ending inventory, respectively, are:

Jewelry Store Inc. has a merchandise inventory balance of $1…

Jewelry Store Inc. has a merchandise inventory balance of $110,000 on November 1. To meet its budgeted sales in December, Jewelry Store’s inventory balance needs to be $200,000 on December 1. In November, Jewelry Store expects to earn a $112,500 gross profit on sales revenues of $150,000. What amount of inventory should the company purchase during the month of November? Round to the nearest whole dollar and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

To treat intractable spasticity, a patient undergoes a selec…

To treat intractable spasticity, a patient undergoes a selective dorsal rhizotomy procedure in which all of the dorsal roots from spinal levels L2-L4 on the right side are completely severed. What is the effect of this procedure on the patellar tendon reflex test on the patient’s right side?

Fernstrom Corporation has two divisions: East and West. Data…

Fernstrom Corporation has two divisions: East and West. Data from the most recent month appear below:East                        WestSales                                                                      $330,000              $144,000Variable expenses                                           $132,000              $ 76,320Traceable fixed expenses                             $140,000              $ 43,000The company’s common fixed expenses total $52,140. If the company operates at exactly the break-even sales of the East Division and West Division, what would be the company’s overall net operating income?