Warren enterprises had the following events during year 1: the business issued $33,000 of common stock to its stockholders. the business purchased land for $25,000 cash. services were provided to customers for $29,000 cash. services were provided to customers for $18,000 on account. the company borrowed $29,000 from the bank. operating expenses of $25,000 were incurred and paid in cash. salary expense of $2,100 was accrued. a dividend of $17,000 was paid to the stockholders of warren enterprises. assuming the company began operations during year 1, the amount of retained earnings as of december 31, year 1 would be: a. 32900
b. 2700
c. 47000
d. 2900

The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.

Emery pharmaceutical uses an unstable chemical compound that must be kept in an environment where both temperature and humidity can be controlled. emery uses 825 pounds per month of the chemical, estimates the holding cost to be 50% of the purchase price (because of spoilage), and estimates order costs to be $48 per order. the cost schedules of two suppliers are as follows: vendor 1 vendor 2 quantity price/lb quantity price/lb 1-499 $17 1-399 $17.10 500-999 $16.75 400-799 $16.85 1000+ $16.50 800-1199 $16.60 1200+ $16.25 (a) what is the economic order quantity for each supplier? (b) what quantity should be ordered and which supplier should be used? (c) the total cost for the most economic order sire is $

The era of venture capitalists doling out large sums of money to startups is a. just beginning b. on the rise c. over d. fading