Chapter 8, Problem 51P

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Solve this question and accounting

If Cost of Goods Sold is $175,000 and the beginning and ending inventory balances are $22,000 and $17,000, respectively, inventory purchases equal:

If the liabilities of a company increased RM75,000 during a period of time and the owner's equity in the company increased RM15,000 during the same period, the assets of the company must have: A. Decreased RM90,000 B. Increased RM60,000 C. Increased RM90,000 D. Decreased RM60,000

I need help solving this general accounting question with the proper methodology.

Please provide the solution to this financial accounting question with accurate financial calculations.

(a) The data in the table below has been collected by John Akoth to appraise the performance of four asset management firms:                             Fund 1   Fund 2   Fund 3   Fund 4   Market Index         Return  6.45% 8.96% 9.44% 5.82% 7.60%        Beta  0.88 1.02 1.36 0.8 1        Standard Deviation  2.74% 4.54% 3.72% 2.64% 2.80%                                           Required                 If the risk-free rate of return for the relevant period is 3%, calculate the following:                         (i)     Ex post alpha ratio.                                 (ii)    Treynor measure.                               (iii)   Sharpe ratio.                                 (iv)   M2.                             (v)     Rank the funds using a radar chart and state which one you would select.

Please explain the solution to this general accounting problem with accurate principles.