Xyz co. incurred the following costs related to the office building used in operating its sports supply company: (a) replaced a broken window. (b) replaced the roof that had been on the building 23 years. (c) serviced all the air conditioners before summer started. (d) replaced the air conditioners in the customer service areas. (e) added a warehouse to the back of the building. (f) repaint the interior walls. (g) installed window shutters on all windows. classify each of the costs as a capital expenditure or a revenue expenditure.

Grace period is a period of time before the credit card company starts charging late fees.truefalse

In a macroeconomic context, what are implicit liabilities? money owed to people possessing government issued bonds. the amount of money that firms collectively owe to shareholders. money that the government has promised to pay in the future. payments that the federal government undertakes only during periods of recession. which of the choices is a significant implicit liability in the united states? military spending education spending national science foundation spending social security

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince