Lake inc. and river inc. reported net incomes of $800,000 and $1,000,000 respectively, for the most recent fiscal year. both companies had 200,000 shares of common stock issued for $10 per share, with all shares still outstanding. the market price per share of lake’s stock was $50, while river’s sold for $85 per share. what is lake inc.'s return-on-assets ratio?

Which of the following pairs is most similar to each other?

technology is the application of knowledge and tools to solve problems and perform tasks more efficiently. t/f

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?