Assume P = 164 1 Q and TC = 100 + 2 Q 2 . What level of production maximizes profit? Enter as a value (round to two decimal places if necessary). A good's demand is given by: P = 652 3 Q . At P = 170 , the point price elasticity is: Enter as a value (round to two decimal places if necessary)..

1. Balance Sheet XYZ Corporation December 31, 2015 Cash Marketable securities $10 , 000 $15 ,
000 Account receivables: Inventory Total current assets Gross fixed assets Less: Accumulated
depreciation Net fixed assets Total Assets Accounts payable Notes payable Accruals Total
Current liabilities Long-term debts Total Liabilities Preferred stock Common Stock ($1 par
30,000 shares outstanding) Paid-in capital in excess of par Retained Earnings Total Stockholders'
equity. Total liabilities and stockholders' equity 2) Complete the balance sheet for XYZ
corporation, Inc. based on the following data, ( 13 points) a) Sales totaled $600 , 000 . b) The
gross profit margin was 40% c) Average age of inventory 60 days d) The average collection
period was 30 days. e) The current ratio was 2 . f) The total asset turnover was 2.5