Phancy Corporation has two divisions, Buttons and Bows, which are both organized as profit centers; the Button Division produces and sells buttons to the Bows Division and to outside customers. The Button Division has total costs of $37, $23 of which are variable. The Button Division is operating significantly below capacity and sells the buttons for $52. The Bows Division has received an offer from an outsider vendor to supply all the buttons it needs (29,000 buttons) at a cost of $47. The manager of the Bows Division is considering the offer but wants to approach the Button Division first. What is the maximum transfer price from the Button Division to the Bows Division

Suppose an economist believes that the price level in the economy is directly related to the money supply, or the amount of money circulating in the economy. the economist proposes the following relationship: p=a x m - p=price level - m=money supply - a=a composite of other factors, including real gdp, that change very slowly over time. how might an economist gather empirical data to test the proposed relationship between money and the price level? an economist would persuade the federal reserve to change the money supply to various levels, and observe the resulting changes in the price level. unlike researchers in the hard sciences, economists cannot study complex relationships using data. economists do not usually develop theoretical models of the economy but only analyze summary statistics about the current state of the economy. an economist would look for data on past changes in the money supply, and note the resulting changes in the price level

Below are the steps in the measurement process of external transactions. arrange them from first (1) to last (6). event step post transactions to the general ledger. assess whether the transaction results in a debit or credit to account balances. use source documents to identify accounts affected by an external transaction. analyze the impact of the transaction on the accounting equation. prepare a trial balance. record the transaction in a journal using debits and credits.

What talents or skills do u admire most in others