# changes in the balance sheet account balances for the bubble 248309

Changes in the balance sheet account balances for the Bubble Bobble Co. during 2011 follow. Dividends declared during 2011 were \$15,000. Calculate the net income for the year assuming that no transactions other than the dividends affected retained earnings.

Increase

(Decrease)

Cash . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . \$ 38,500

Accounts Receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57,000

Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (32,500)

Buildings and Equipment (net) . . . . . . . . . . . . . . . . . . . . . . . . . . 160,000

Patents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (4,000)

Accounts Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (45,000)

Bonds Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135,000

Capital Stock . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25,000

Additional Paid-In Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35,000

## using budget data how many apple iphone 4 s would have to have been completed 239121

Using budget data, how many Apple iPhone 4’s would have to have been completed for Danshui Plant No. 2 to break even? 2. Using budget data, what was the total expected cost per unit if all manufacturing and shipping overhead (both variable and fixed) were allocated to...

## armstrong helmet company 239138

Armstrong Helmet Company manufactures a unique model of bicycle helmet Question Case project Learning Objectives: Prepare practical applications of course concepts Develop analytical and critical thinking Develop decision-making capabilities Enhance professional...