If there were 72,000 pounds of raw materials on hand on February 1, 195,000 pounds are desired for inventory at February 28, and 390,000 pounds are required for February production, how many pounds of raw materials should be purchased in February? a. 270,000 pounds. b. 479,000 pounds. c. 513,000 pounds d. 310,000 pounds.

Jamison Corp. recently reported a net income of $6,850 and depreciation of $1,150. How much was its net cash flow, assuming it had no amortization expense and sold none of its fixed assets?

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Which account type typically has a credit balance?A) AssetsB) ExpensesC) LiabilitiesD) Dividendsneed help!!

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Assets are typically reported on the balance sheet at:A) Current market valueB) CostC) Expected selling priceD) Replacement cost

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