The proper journal entry to record the receipt of inventory purchased on account in a periodic inventory system would be jan. 1purchases1,600 accounts receivable1,600 jan. 1inventory1,600 accounts payable1,600 jan. 1purchases1,600 accounts payable1,600 jan. 1office supplies1,600 accounts payable1,600

The government often provides goods that are nonrivalrous and nonexclusive to overcome which market failure

Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a. wimpy’s production and productivity are greater than popeye’s. b. popeye’s production is greater than wimpy’s, but his productivity is less. c. wimpy’s production is greater than popeye’s, but his productivity is less. d. popeye’s production and productivity are greater than wimpy’s.

Andrea cujoli is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market. currently the spot price for the japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. andrea would earn a higher rate of return by buying yen and a forward contract than if she had invested her money in 6-month us treasury securities at an annual rate of 2.50%. true/false?