Zorry Dog House Treats Company lists out the items on its balance sheet in alphabetical order below: Accounts payable $ 99,539 Other assets (noncurrent) $ 46,173 Accounts receivable, net 214,723 Other current assets 137,059 Accrued compensation 44,465 Other intangible assets, net 1,372,200 Additional paid-in capital 1,626,598 Other long-term liabilities 418,944 Cash and cash equivalents 33,009 Other payables and accrued liabilities 99,503 Common stock, 67,820,798 shares outstanding 77,499 Prepaid expenses and other 33,910 Goodwill 1,316,362 Property, plant, and equipment, net 534,908 Inventories 175,256 Retained earnings 198,093 Long-term debt 1,247,959 Short-term debt 51,000 Required: 1. Prepare Zorry's classified balance sheet for the current year (ended December 31).

the correct answer is economics is a game without winners or losers.

unlike sports or games economic is a game without losers or winner rather it is a game where everyone wins. parties of business doing businesses exchange money with each other and hence exchange is done on the basis of goods. one party takes the goods and other sales it so there is winner on both sides. each party values more highly the good it gets than the good it gives up. both sides exchange only because both intend to increase their value. so there is no concept of lose or win.

a recipe serves 8 people, and calls for 5 lbs of apples and 2 cups of flour. you want to prepare it for 24 people. divide 24 by 8 to get 3, and then multiply your ingredients by 3.

so for 24 people, you'll need 15 lbs of apples, and 6 cups of flour.

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