On september 3, 2018, the robers company exchanged equipment with phifer corporation. the facts of the exchange are as follows: robers’ asset phifer’s asset original cost $ 200,000 $ 220,000 accumulated depreciation 119,000 127,000 fair value 99,000 78,000 to equalize the exchange, phifer paid robers $21,000 in cash. required: record the exchange for both robers and phifer. the exchange has commercial substance for both companies. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)

Read the following scenario and answer the question in 5-10 sentences. you are the owner of a small business that is a defendant in a lawsuit in federal court. you received bad news from your lawyer that the judge did not allow certain documents to be admitted as evidence in court and that the jury reached a $50,000 verdict in favor of the plaintiff. your lawyer tells you that it is within your legal right to hire him to file an appeal with the united states court of appeals. if the appellate court rules in your favor, you may be able to avoid paying part or all of the $50,000. evaluate your lawyer’s suggestion about appealing the decision.

Need today! will get brainliest for right answer! compare and contrast absolute advantage and comparative advantage.

Because the demand for wheat tends to be inelastic. true or false