During the a recession, the government of cashland flooded several banking, financial services, and insurance firms with government funds in exchange (at least temporarily) for government ownership rights. this move signaled the government's concern that the global banking system might collapse if these firms ended up in bankruptcy. this decision for government involvement in these firms demonstrates: a. the unforgiving nature of capitalism.

b. the desire for more individuals in the u. s. to live under a socialist system.

c. the trend toward mostly capitalist nations to move toward socialism.

d. the freedoms the u. s. government has under capitalism.

At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:

Amap from a trade development commission or chamber of commerce can be more useful than google maps for identifying

Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.