The partial worksheet for the Jamison Company showed the following data on October 31, 2019. Income Balance Statement SheetAccount Name Debit Credit Debit Credit Jason Jamison, Capital 30,000 Jason Jamison, Drawing 1,500 Fees Income 26,000 Salaries Expense 10,400 Rent Expense 1,000 Supplies Expense 400 Utilities Expense 500 Depr. Exp. −Equip. 850 Totals 13,150 20,000 41,650 34,800 Net Income 6,850 6,850 20,000 20,000 41,650 41,650 Prepare the closing entries for Jamison Company on October 31, 2019.Record entry to transfer expenses to income summary. Date General Journal Debit Credit Oct 31, 2019 Date General Journal Debit Credit Oct 31, 2019 Record entry to transfer net income or net loss from income summary to capital. Date General Journal Debit Credit Oct 31, 2019 Record entry to transfer drawings to capital account. Date General Journal Debit Credit Oct 31, 2019

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

You are evaluating two different silicon wafer milling machines. the techron i costs $285,000, has a three-year life, and has pretax operating costs of $78,000 per year. the techron ii costs $495,000, has a five-year life, and has pretax operating costs of $45,000 per year. for both milling machines, use straight-line depreciation to zero over the project’s life and assume a salvage value of $55,000. if your tax rate is 24 percent and your discount rate is 11 percent, compute the eac for both machines.

Anita has been named ceo of a popular sports apparel company. as ceo, she is tasked with setting the firm's corporate strategy. which of the following decisions is anita most likely to makea) whether to pursue a differentiation or cost leadership strategy b) which customer segments to target c) how to achieve the highest levels of customer satisfaction d) what range of products the firm should offer