Artisanâ inspiration, inc. is a merchandiser of stone ornaments. the company sold 6 comma 500 units during the year. the company has provided the followingâ information: sales revenue $ 590 comma 000 purchasesâ (excluding freightâ in) 302 comma 000 selling and administrative expenses 67 comma 000 freight in 15 comma 000 beginning merchandise inventory 43 comma 000 ending merchandise inventory 43 comma 000 what is the operating income for theâ year?

scenario: hawaii and south carolina are trading partners. hawaii has an absolute advantage in the production of both coffee and tea. the opportunity cost of producing 1 pound of tea in hawaii is 2 pounds of coffee, and the opportunity cost of producing 1 pound of tea in south carolina is 1/3 pound of coffee. which of the following statements is true? a. south carolina should specialize in the production of both tea and coffee. b. hawaii should specialize in the production of tea, whereas south carolina should specialize in the production of coffee. c. hawaii should specialize in the production of coffee, whereas south carolina should specialize in the production of tea. d. hawaii should specialize in the production of both tea and coffee.