Financial accounting problem

Assume that the retained earnings of Horizon Industries increased by $76,250 from December 31 of year 1 to December 31 of year 2. During year 2, the company declared and paid cash dividends totaling $18,500. Compute the net income for year 2.

I need financial accounting question answer

Compute this year's accounts payable turnover ratio for Nashville.

NovaTech Manufacturing has a factory with fixed costs of $720,000 and a production capacity of 250,000 units annually. Its product sells with a 40% contribution margin. The target profit is $500,000. At full production, what does the selling price per unit need to be? Show your complete solution.

Riverfront Manufacturing estimated manufacturing overhead costs for 2024 at $525,000, based on 250,000 estimated direct labor hours. Actual direct labor hours for 2024 totalled 270,000. The manufacturing overhead account contains debit entries totaling $548,000. The manufacturing overhead for 2024 was a) $19,000 overallocated b) $19,000 under allocated c) $23,000 overallocated d) $23,000 underallocated

What is the gross margin for the month under absorption costing?

Newton Company prepared the following sales budget: Month Budgeted Sales July $8,400 August $10,500 September $12,600 October $9,800 The expected gross profit rate is 35% and the inventory at the end of June was $6,500. Desired inventory levels at the end of each month are 25% of the next month's cost of goods sold. What is the budgeted ending inventory for September in dollars?

Please provide the accurate answer to this general accounting problem using appropriate methods.