The following income statements were drawn from the annual report of the western sales company. year 2 year 1 sales 40,000 40,000 cost of goods sold (25,000 ) (25,000 ) gross margin 15,000 15,000 operating expenses (7,000 ) (9,000 ) operating income 8,000 6,000 gain on the sale of land 0 5,000 net income 8,000 11,000 if the trends continue, investors can expect the company's net income for year 3

Suppose that a worker in caninia can produce either 2 blankets or 8 meals per day, and a worker in felinia can produce either 5 blankets or 1 meal per day. each nation has 10 workers. for many years, the two countries traded, each completely specializing according to their respective comparative advantages. now war has broken out between them and all trade has stopped. without trade, caninia produces and consumes 10 blankets and 40 meals per day and felinia produces and consumes 25 blankets and 5 meals per day. the war has caused the combined daily output of the two countries to decline by

Acompany factory is considered which type of resource a.land b.physical capital c.labor d.human capital

Calculate riverside’s financial ratios for 2014. assume that riverside had $1,000,000 in lease payments and $1,400,000 in debt principal repayments in 2014. (hint: use the book discussion to identify the applicable ratios.)