Suppose that Greece and Sweden both produce rye and olives. Greece's opportunity cost of producing a crate of olives is 4 bushels of rye while Sweden's opportunity cost of producing a crate of olives is 10 bushels of rye. By comparing the opportunity cost of producing olives in the two countries, you can tell that has a comparative advantage in the production of olives and__ has a comparative advantage in the production of rye. Suppose that Greece and Sweden consider trading olives and rye with each other. Greece can gain from specialization and trade as long as it receives more than of rye for each crate of olives it exports to Sweden. Similarly, Sweden can gain from trade as long as it receives more than of olives for each bushel of rye it exports to Greece. Based on your answer to the last question, which of the following prices of trade (that is, price of olives in terms of rye) would allow both Sweden and Greece to gain from trade? Check all that apply. a. 2 bushels of rye per crate of olivesb. 8 bushels of rye per crate of olivesc. 18 bushels of rye per crate of olivesd. 6 bushels of rye per crate of olives

During january 2018, the following transactions occur: january 1 purchase equipment for $20,600. the company estimates a residual value of $2,600 and a five-year service life. january 4 pay cash on accounts payable, $10,600. january 8 purchase additional inventory on account, $93,900. january 15 receive cash on accounts receivable, $23,100 january 19 pay cash for salaries, $30,900. january 28 pay cash for january utilities, $17,600. january 30 firework sales for january total $231,000. all of these sales are on account. the cost of the units sold is $120,500. the following information is available on january 31, 2018. depreciation on the equipment for the month of january is calculated using the straight-line method. the company estimates future uncollectible accounts. at the end of january, considering the total ending balance of the accounts receivable account as shown on the general ledger tab, $4,100 is now past due (older than 90 days), while the remainder of the balance is current (less than 90 days old). the company estimates that 50% of the past due balance will be uncollectible and only 3% of the current balance will become uncollectible. record the estimated bad debt expense. accrued interest revenue on notes receivable for january. unpaid salaries at the end of january are $33,700. accrued income taxes at the end of january are $10,100