Alpha company used the periodic inventory system for purchase & sales of merchandise. discount terms for both purchase & sales are, fob destination, 2/10, n30 and the gross method is used. > alpha company purchased on account $2,700 of merchandise from bravo company on may 2, 2016. > alpha company returned, to bravo company, $200 of this merchandise on may 3, 2016. > freight charges related to this transaction of $150 were paid by bravo company. use this information to prepare alpha company's general journal entry (without explanation) for the payment for merchandise on may 15. if no entry is required then write "no entry require

Consider a small island country whose only industry is weaving. the following table shows information about the small economy in two different years. complete the table by calculating physical capital per worker as well as labor productivity. hint: recall that productivity is defined as the amount of goods and services a worker can produce per hour. in this problem, measure productivity as the quantity of goods per hour of labor. year physical capital labor force physical capital per worker labor hours output labor productivity (looms) (workers) (looms) (hours) (garments) (garments per hour of labor) 2024 160 40 1,800 14,400 2025 180 60 3,900 23,400

Which of these is not a result of regular exercise

Martha is one producer in the perfectly competitive jelly industry. last year, martha and all of her competitors found themselves earning economic profits. if there is free entry and exit, what do you expect to happen to the number of suppliers in the industry and the price of jelly? the number of suppliers will increase, and the price of jelly will fall. the number of suppliers will decrease, and the price of jelly will increase. the number of suppliers will increase, and the price of jelly will increase. the number of suppliers will decrease, and the price of jelly will fall.