The following three accounts appear in the general ledger of Herrick Corp. during 2020. Equipment Date Debit Credit Balance
Jan. 1 Balance 158,000
July 31 Purchase of equipment 69,600 227,600
Sept. 2 Cost of equipment constructed 55,000 282,600
Nov. 10 Cost of equipment sold 49,500 233,100

Accumulated Depreciation—Equipment

Date Debit Credit Balance
Jan. 1 Balance 71,400
Nov. 10 Accumulated depreciation on equipment sold 28,900 42,500
Dec. 31 Depreciation for year 22,600 65,100

Retained Earnings

Date Debit Credit Balance
Jan. 1 Balance 104,200
Aug. 23 Dividends (cash) 17,800 86,400
Dec. 31 Net income 68,800 155,200

Required:
Indicate how the information is reported on a statement of cash flows using the indirect method.

The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine.andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine

Refers to the way we conduct ourselves

Eileen's elegant earrings produces pairs of earrings for its mail order catalogue business. each pair is shipped in a separate box. she rents a small room for $150 a week in the downtown business district that serves as her factory. she can hire workers for $275 a week. there are no implicit costs. what is the marginal product of the second worker?