EC: worth 3 points The following trial balance of Lion Comp…

 EC: worth 3 points The following trial balance of Lion Company at December 31, 2020 has been properly adjusted except for the income tax expense adjustment.   Lion Company Trial Balance 31-Dec-20 DR. CR. Cash        745,000 Accounts receivable (net)     2,703,000 Inventory     2,100,000 Property, plant, and equipment (net)     6,565,000 Accounts payable and accrued liabilities         2,068,000 Income taxes payable            780,000 Deferred income tax liability               52,000 Common stock         1,241,000 Additional paid-in capital         6,883,000 Retained earnings, 1/1/20         2,192,000 Net sales and other revenues       12,512,000 Costs and expenses   12,115,000 Income tax expenses     1,500,000   25,728,000       25,728,000   Included in accounts receivable is $1,280,000 due from a customer and payable in quarterly installments of $160,000. The last payment is due December 29, 2022.   In Lion’s December 31, 2020 balance sheet, the current assets total is

You have been asked to balance a ration for a group of cattl…

You have been asked to balance a ration for a group of cattle for which the crude protein (CP) requirement is 10%. You also want your ration to be as cheap as possible while still meeting CP requirements. Which two feed ingredients would you use? Feed Crude Protein Cost per pound Cottonseed Meal 41.2% $0.98 Wheat Grain 14.3% $0.57 Wheat Straw 11.7% $0.11