Kingbird corporation’s balance sheet at the end of 2016 included the following items. current assets (cash $82,000) $236,190 current liabilities $151,190land 32,230 bonds payable 101,190buildings 121,190 common stock 182,230equipment 92,230 retained earnings 46,230accum. depr.-buildings (31,190 ) total $480,840accum. depr.-equipment (11,000 ) patents 41,190 total $480,840 the following information is available for 2017.1. net income was $56,450.2. equipment (cost $21,190 and accumulated depreciation $9,190) was sold for $11,190.3. depreciation expense was $5,190 on the building and $10,190 on equipment.4. patent amortization was $2,500.5. current assets other than cash increased by $29,000. current liabilities increased by $14,190.6. an addition to the building was completed at a cost of $28,190.7. a long-term investment (equity) in stock was purchased for $16,000.8. bonds payable of $52,230 were issued.9. cash dividends of $30,000 were declared and paid.10. treasury stock was purchased at a cost of $11,000. collapse question part(a)partially correct answer. a- prepare a statement of cash flows for 2017b- prepare a balance sheet at december 31, 2017. (show only totals for current assets and current liabilities.

Grace period is a period of time before the credit card company starts charging late fees.truefalse

< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.