The following table illustrates what can be produced in 1 day with the same stock of resources in France and Germany. Use the information to answer the following questions. cheese beef France 34 40 Germany 56 20 Based on the information in the table, __________ has the comparative advantage and absolute advantage in cheese and __________ has the comparative advantage and absolute advantage in beef.
Which of the following are true concerning Burma? (check all…
Which of the following are true concerning Burma? (check all that apply)
The Henry, Isaac, and Jacobs partnership was about to enter…
The Henry, Isaac, and Jacobs partnership was about to enter liquidation with the following account balances: Cash $ 90,000 Liabilities $ 60,000 Noncash assets 300,000 Henry,capital 80,000 Isaac, capital 110,000 Jacobs, capital 140,000 Total $ 390,000 Total $ 390,000 Estimated expenses of liquidation were $5,000. Henry, Isaac, and Jacobs shared profits and losses in a ratio of 2:4:4.Before liquidating any assets, the partners determined the amount of cash for safe payments and distributed it. The noncash assets were then sold for $120,000. The liquidation expenses of $5,000 were paid prior to the sale of noncash assets. How would the $120,000 be distributed to the partners? (Hint: Either a predistribution plan or a statement of liquidation would be appropriate for solving this item.) Henry Isaac Jacobs A) $ 33,000 $ 36,000 $ 51,000 B) $ 28,000 $ 36,000 $ 56,000 C) $ 29,333 $ 32,000 $ 58,667 D) $ 24,000 $ 48,000 $ 48,000 E) $ 38,000 $ 26,000 $ 56,000 A) Option A. B) Option B. C) Option C. D) Option D. E) Option E.
A proposed schedule of liquidation is developed
A proposed schedule of liquidation is developed
There are a lot of trade agreements in the world, but we do…
There are a lot of trade agreements in the world, but we do not see global free trade.
The country with the lower opportunity cost has the comparat…
The country with the lower opportunity cost has the comparative advantage in that activity.
The following table illustrates what can be produced in 1 da…
The following table illustrates what can be produced in 1 day with the same stock of resources in France and Germany. Use the information to answer the following questions. cheese beef France 34 40 Germany 56 20 When we assign tasks based on comparative advantage, the economic pie will contain:
Name the type of enzymatic chemical reaction used to join a…
Name the type of enzymatic chemical reaction used to join a monomer to a developing polymer: _______
Which structural possibility of a protein will potentially h…
Which structural possibility of a protein will potentially have an alpha helix or a beta pleated sheet form? _______
Goodman, Pinkman, and White formed a partnership on January…
Goodman, Pinkman, and White formed a partnership on January 1, 2020, and made capital contributions of $125,000 (Goodman), $175,000 (Pinkman), and $250,000 (White), respectively. With respect to the division of income, they agreed to the following: (1) interest of an amount equal to 10% of the that partner’s beginning capital balance for the year; (2) annual compensation of $15,000 to Pinkman; and (3) the remainder of the income or loss to be split among the partners in the following percentages: (a) 20% for Goodman; (b) 40% for Pinkman; and (c) 40% for White. Net income was $200,000 in 2020 and $240,000 in 2021. Each partner withdrew $1,500 for personal use every month during 2020 and 2021.What was White’s capital balance at the end of 2020?