Refer to the following table: Number of Output Marginal Product Value of Marginal Wage Marginal Profit
workers of Labor Product of Labor
0 0 -- $300
1 300 300 $600 $300 $300
2 500 200 AA $300 $100
3 600 100 $200 $300 BB
4 650 CC DD $300 - $200
1. What is the value for the cell labeled AA?
A. $300
B. $600
C. $400
D. $500
E. $200
2. What is the value for the cell labeled BB?
A. $300
B. $-100
C. $0
D. $100
E. $200
3. What is the value for the cell labeled CC?
A. 650
B. 0
C. 600
D. 50
E. 100
4. What is the value for the cell labeled DD?
A. $0
B. $100
C. $50
D. -$100
E. $300

Evelyn would like to open a small business that is categorized as a being in the distribution industry. to do this she could open a establishment.

Which of the following is a disadvantage of equity alliances when compared to non-equity alliances? 1. they are reflective of weaker ties between firms.2. they do not permit the exchange of explicit knowledge.3. they are more likely to bring about lack of trust and commitment.4. they require significantly higher levels of investment.

Jordan, inc. sells fireworks. the company’s marketing director developed the following cost of goods sold budget for april, may, june, and july. april may june july budgeted cost of goods sold $62,000 $72,000 $82,000 $88,000 jordan had a beginning inventory balance of $3,000 on april 1 and a beginning balance in accounts payable of $14,600. the company desires to maintain an ending inventory balance equal to 15 percent of the next period’s cost of goods sold. jordan makes all purchases on account. the company pays 65 percent of accounts payable in the month of purchase and the remaining 35 percent in the month following purchase. required prepare an inventory purchases budget for april, may, and june. determine the amount of ending inventory jordan will report on the end-of-quarter pro forma balance sheet. prepare a schedule of cash payments for inventory for april, may, and june. determine the balance in accounts payable jordan will report on the end-of-quarter pro forma balance sheet.