Assume that originally u. s. gdp is $10 trillion, but that the economy is closed and there are no imports or exports. the nation of twinsylvania begins selling high-quality yard tractors in the united states but charges a very low price—say, $70 each. assume that u. s. consumers use this opportunity to buy yard tractors from twinsylvania instead of u. s.-produced yard tractors, and that spending on other u. s. goods does not change.

In business,what would be the input, conversion and output of operating a summer band camp

Selected data for stick’s design are given as of december 31, year 1 and year 2 (rounded to the nearest hundredth). year 2 year 1 net credit sales $25,000 $30,000 cost of goods sold 16,000 18,000 net income 2,000 2,800 cash 5,000 900 accounts receivable 3,000 2,000 inventory 2,000 3,600 current liabilities 6,000 5,000 compute the following: 1. current ratio for year 2 2. acid-test ratio for year 2 3. accounts receivable turnover for year 2 4. average collection period for year 2 5. inventory turnover for year 2

On january 2, 2018, bering co. disposes of a machine costing $34,100 with accumulated depreciation of $18,369. prepare the entries to record the disposal under each of the following separate assumptions. exercise 8-24a part 2 2. the machine is traded in for a newer machine having a $50,600 cash price. a $16,238 trade-in allowance is received, and the balance is paid in cash. assume the asset exchange has commercial substance.