Simplify each of the following fractions. Use the backslash key / for the fraction bar. Do not use spaces. a) = b)  =

Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cumulative preferred stock. In 2026, West declared and paid dividends of $4,000. In 2027, West declared and paid dividends of $20,000. How much of the 2027 dividend was distributed to preferred shareholders?

25oC = oF

A comparison with other companies that provides insight into a company’s competitive position is most commonly known as which of the following types of comparisons?

Find the area and perimeter of a rectangle with length ft and width ft. Use the formulas: and

The following balance sheet information was provided by O’Connor Company:AssetsYear 2 Year 1Cash$4,000  $2,000 Accounts receivable 15,000   12,000 Inventory$35,000  $38,000 Assuming that net credit sales for Year 2 totaled $270,000, what is the company’s most recent accounts receivable turnover?

Vertical analysis is also known as

Farmer Company purchased equipment on January 1, Year 1 for $82,000. The machines are estimated to have a 5-year life and a salvage value of $2,000. The company uses the straight-line method.What is the annual amount of depreciation expense for each of the years in the machine’s life?

Lionworks Enterprises had the following inventory data: Date   Quantity Unit Cost July 1 Beginning inventory 5 $50 July 4 Purchase 10 $60 July 11 Purchase 5 $70                 Assuming the company is using FIFO and that they sold 10 units during July. What is the Ending Inventory for the month of July?

Lionworks Enterprises had the following inventory data: Date   Quantity Unit Cost July 1 Beginning inventory 5 $50 July 4 Purchase 10 $60 July 11 Purchase 5 $70                 Assuming the company is using LIFO and that they sold 10 units during July.What is the Ending Inventory for the month of July?