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Business, 16.04.2020 01:25 cutegirl0987
Wilkens Corporation acquired a delivery truck on January 1, 2015. The total cost of the truck was $138,000. Wilkens estimated that the truck would be used for 10 years and have a salvage value of $28,500. Wilkens uses the double-declining balance method of depreciation. Based on this information, the depreciation expense calculated for year-end December 31, 2017 will be:
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Suppose that: 1. malaysia requires 1 hour of labor to produce 1 pound of rice and 2 hours of labor to produce 1 pencil; 2. indonesia requires 2 hours of labor to produce 1 pound of rice and 4 hours of labor to produce 1 pencil; 3. each country has 10,000 hours of labor to allocate between the production of rice and pencils; and 4. in autarky, malaysia consumes 5,000 pounds of rice and 2,500 pencils. which country has an absolute advantage in rice production? in pencil production? which country has a comparative advantage in rice production? in pencil production? will trade between the two countries be mutually beneficial?
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