Assume that General Electric is trying to decide whether to locate a new production facility in the United States or in China. In order to help make its decision, the company wants to compare labor costs in the two countries. The average hourly wage in the United States is approximately $15 per hour. The U. S. exchange rate with China is 6.500 yuan per dollar. Convert the average U. S. hourly wage into units of yuan per hour

Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpy’s production and productivity are greater than popeye’s. b.popeye’s production is greater than wimpy’s, but his productivity is less. c.wimpy’s production is greater than popeye’s, but his productivity is less. d.popeye’s production and productivity are greater than wimpy’s.

The five steps to financial success a. five money myths b. five foundations

You are considering purchasing a company — assets, liabilities, warts, and all. you are aware that sometimes liabilities do not always show up on the balance sheet. discuss five examples of liabilities that may not be explicitly recognized on the balance sheet, making sure to explain why they are liabilities.