On January 1, 2019, the general ledger of Global Corporation included supplies of $1,700. During 2019, supplies purchased amounted to $6,400. A physical count of inventory on hand at December 31, 2019 determined that the amount of supplies on hand was $1,900. How much is the supplies expense for year 2019

How does your household gain from specialization and comparative advantage? (what is produced, what is not produced yet paid to a specialist to produce? )

What two things do you consider when evaluating the time value of money

Consider a treasury bill with a rate of return of 5% and the following risky securities: security a: e(r) = .15; variance = .0400 security b: e(r) = .10; variance = .0225 security c: e(r) = .12; variance = .1000 security d: e(r) = .13; variance = .0625 the investor must develop a complete portfolio by combining the risk-free asset with one of the securities mentioned above. the security the investor should choose as part of her complete portfolio to achieve the best cal would be a. security a b. security b c. security c d. security d