Sheldon Company began Year 1 with $2,500 in its supplies account. During the year, the company purchased $7,400 of supplies on account. The company paid $3,400 on accounts payable by year end. At the end of Year 1, Sheldon counted $4,500 of supplies on hand. Sheldon's financial statements for Year 1 would show:

Acompany factory is considered which type of resource a. land b. physical capital c. labor d. human capital

Read the following paragraph, and choose the best revision for one of its sentences. dr. blake is retiring at the end of the month. there will be an unoccupied office upon his departure, and it is big in size. because every other office is occupied, we should convert dr. blake’s office into a lounge. it is absolutely essential that this issue is discussed at the next staff meeting. (a) because every other office is occupied, it’s recommended that we should convert dr. blake’s office into a lounge. (b) because every other office is filled, we should convert dr. blake’s office into a lounge.

Which of the following best explains why buying a house is more beneficial than renting? a. buying is a personal investment while renting involves giving money to the landlord. b. the monthly payments on a mortgage are generally lower than rent on an apartment. c. it's easier to sell a house than it is to get a landlord to break a rental agreement. d. housing prices can go up and down quickly in comparison to the level of rents.