1. Construct a balance sheet for Sophie’s Sofas given the following data. (Be sure to list the assets andliabilities in order of their liquidity.) | Cash balances | = | $ | 8‚000 | Inventory of sofas | = | $ | 180‚000 | Store and property | = | $ | 80‚000 | Accounts receivable | = | $ | 20‚000 | Accounts payable | = | $ | 15‚000 | Long-term debt | = | $ | 150‚000 | | BALANCE SHEET OF SOPHIE’S SOFAS | Assets | | Liabilities & Shareholders’ Equity | | Cash | $ |
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1. Is Mercury a good target for AGI? Discuss strategic fit of brands‚ products‚ customers‚ and distribution. Identify specific sources of value. Discuss AGI’s strengths/weaknesses compared with other bidders. Mercury AGI Brands Acquire an iconoclastic nonconformist image that trying to exploit by adding a line of active casual footwear. Associated with a lifestyle that was prosperous‚ active and fashion-conscious. products Main on men’s athletic footwear‚ and cover the athletic and casual footwear
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Homework/Case Analysis Week 1 Chapter 3 pages 125-127 Homework/Case Analysis Tyiese L. Stephens DeRamus BUS 427 Global Issues in Business Homework Critical thinking and Discussion Questions Questions. 1. “Why culture of a country might influence costs of doing business in that country”? There are many contributions to cultural differences “ethnocentricity” is one. Peoples’ belief system of their own ethnic group or culture being superior
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were valued at $160‚000‚ and its equipment was appraised at $180‚000. Chapman uses the equity method for this investment. Required: Prepare consolidation worksheet adjustments for December 31‚ 2011‚ and December 31‚ 2012. (Omit the "$" sign in your response.) Date Dec. 31‚ 2011 (1a) General Journal Common stock-Abernethy Additional paid in capital Retained earnings Debit Credit 250‚000 50‚000 100‚000 Investment in Abernethy (1b) 400‚000 Land 10‚000 Buildings
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Question 1. List the two things that GDP measures. How can GDP measures two things at once? GDP measures the total economy income and total output of goods and services. The reason why GDP measures two things at once is that the output of goods and services and total income‚ quantitatively‚ are the same. For instance‚ every dollar of expenditure by a buyer must become a dollar of income to a seller. 2. What does the consumer price index measure? How is it different from the GDP deflator? Consumer
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Review Questions for Chapter 23‚ BECO 101‚ Dr. Qiao Zhuo‚ FBA‚ University of Macau‚ Oct. 9‚ 2011 Review Questions for Chapter 23 1. Assuming there is no government or foreign sector‚ refer to the information provided in figure below to answer the questions. 1) The MPS for this household is ________ and the MPC is ________. A) 0.4; 0.6 B) 0.5; 0.5 C) 0.2; 0.8 D) 0.3; 0.7 2) This household’s consumption function is A) C = 300 + 0.7Y. C) C = 200 + 0.2Y. B) C = 200 + 0.8Y. D) C = 1‚000 + 0.8Y. 3)
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1. Payments to the factors of production are Select one: a. land‚ labor‚ capital‚ and entrepreneurship. b. rent‚ mortgage‚ interest‚ and bonds. c. rent‚ wages‚ interest‚ and profit or loss d. rent‚ interest‚ bonds‚ and profit or loss e. rent‚ wages‚ profit or loss‚ and bonus 2. Why is a production possibilities frontier bowed out (concave)? Select one: a. A) The bowed shape reflects constant opportunity cost. b. B) The bowed shape reflects decreasing opportunity cost c. D) The bowed
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Paper #1 – Venezuela Today After almost fourteen years in power‚ President Hugo Chavez was reelected by a million votes more against his adversary in October 2012. Armed with huge resources from oil revenues‚ bolstered by the high rates of Popularity and six years ahead of renewed mandate‚ Chávez expressed confidence in the progress of the "Bolivarian Revolution" and the establishment of so-called "Socialism of the XXI century". That confidence helped him to regain control of some basic industries
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now turning to a tried remedy‚ increasing our children’s required homework. Yet‚ this remedy may be doing students more harm than help. Student lose sleep due to homework‚ unnecessary work to be successful‚The increase in homework has never been proven to work. The “NationWide Children” organization has gone on record‚ in the article Sleep in Adolescents (13-18 Years)‚ stating “Teenagers ages 13-18 need 9½ hours of sleep… Homework leads to late bedtimes.” Then continue to say “Studies show that
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