Sheila owned an old roadside building that she believed could be easily converted into an antique shop. she talked to her friend barbara, an antique fancier, and they executed the following written agreement:
(a) sheila would supply the building, all utilities, and $100,000 capital for purchasing antiques.
(b) barbara would supply $30,000 for purchasing antiques, sheila to repay her when the business terminated.
(c) barbara would manage the shop, make all purchases, and receive a salary of $500 per week plus 5 percent of the gross receipts.
(d) fifty percent of the net profits would go into the purchase of new stock. the balance of the net profits would go to sheila.
(e) the business would operate under the name "roadside antiques."
business went poorly, and after one year a debt of $40,000 is owed to old fashioned, inc., the principal supplier of antiques purchased by barbara in the name of roadside antiques. old fashioned sues roadside antiques, and sheila and barbara as partners. decision?

The price of trade suppose that portugal and sweden both produce rye and wine. portugal's opportunity cost of producing a bottle of wine is 4 bushels of rye while sweden's opportunity cost of producing a bottle of wine is 10 bushels of rye. by comparing the opportunity cost of producing wine in the two countries, you can tell thatportugal/sweden has a comparative advantage in the production of wine. andportugal/sweden has a comparative advantage in the production of rye. suppose that portugal and sweden consider trading wine and rye with each other. portugal can gain from specialization and trade as long as it receives more rye for each bottle of wine it exports to sweden. similarly, sweden can gain from trade as long as it receives more bottles of wine for each bushel of rye it exports to portugal. based on your answer to the last question, which of the following prices of trade (that is, price of wine in terms of rye) would allow both sweden and portugal to gain from trade? a. 1 bushels of rye per bottle of wineb. 8 bushels of rye per bottle of winec. 9 bushels of rye per bottle of wined. 3 bushels of rye per bottle of wine

Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach

Marta communications, inc. has provided incomplete financial statements for the month ended march 31. the controller has asked you to calculate the missing amounts in the incomplete financial statements. use the information included in the excel simulation and the excel functions described below to complete the task