Suppose you and a partner are starting a business involving each of you selling a new app to the public. You are deciding how to divide the profits and are considering four alternatives. The profits could be split: equally
in proportion to how many apps each of you sells
in inverse proportion to how much income each of you has from other sources (for example, if one of you has twice the income of the other, the profits could be split one-third to the former and two-thirds to the latter)
in proportion to how many hours each of you has spent selling.
Order these alternatives according to your preference and give arguments based on the concepts of fairness introduced in this section. If the order depends on other facts about this joint project, say what other facts you would need. Neither philosophy, nor economics, nor any other science, can eliminate disa

Licensing is perhaps the easiest method of entering into international trade. another method of entering international trade, which can be relatively low risk, is which opens several levels of involvement to company

The plastic flowerpots company has two manufacturing departments, molding and packaging. at the beginning of the month, the molding department has 2,100 units in inventory, 70% complete as to materials. during the month, the molding department started 18,500 units. at the end of the month, the molding department had 3,150 units in ending inventory, 80% complete as to materials. units completed in the molding department are transferred into the packaging department. cost information for the molding department for the month follows: beginning work in process inventory (direct materials) $ 1,300 direct materials added during the month 28,900 using the weighted-average method, compute the molding department's (a) equivalent units of production for materials and (b) cost per equivalent unit of production for materials for the month. (round "cost per equivalent unit of production" to 2 decimal places.)

Diversified semiconductors sells perishable electronic components. some must be shipped and stored in reusable protective containers. customers pay a deposit for each container received. the deposit is equal to the container’s cost. they receive a refund when the container is returned. during 2018, deposits collected on containers shipped were $856,000. deposits are forfeited if containers are not returned within 18 months. containers held by customers at january 1, 2018, represented deposits of $587,000. in 2018, $811,000 was refunded and deposits forfeited were $41,000. required: 1. prepare the appropriate journal entries for the deposits received and returned during 2018. 2. determine the liability for refundable deposits to be reported on the december 31, 2018, balance sheet.