The following information is available for buckeye company: january 1, 2003 december 31, 2003cash $25,000 $30,000land 40,000 42,000notes payable 29,000 45,000retained earnings 33,000 52,000accumulated depreciation 4,000 7,000supplies 8,000 10,000accounts payable 16,000 17,000equipment 20,000 ? accounts receivable 11,000 26,000contributed capital 40,000 40,000inventory 18,000 24,000during 2003, buckeye company reported sales revenue of $98,000, salaries expense of $22,000, rent expense of $17,000, and cost of goods sold. additionally, buckeye company paid $9,000 of dividends during 2003. (note - the amount of cost of goods sold has been intentionally omitted from this problem).calculate the amount of equipment reported in buckeye company's balance sheet at december 31, 2003

In december of 2004, the company you own entered into a 20-year contract with a grain supplier for daily deliveries of grain to its hot dog bun manufacturing facility. the contract called for "10,000 pounds of grain" to be delivered to the facility at the price of $100,000 per day. until february 2017, the supplier provided processed grain which could easily be used in your manufacturing process. however, no longer wanting to absorb the cost of having the grain processed, the supplier began delivering whole grain. the supplier is arguing that the contract does not specify the type of grain that would be supplied and that it has not breached the contract. your company is arguing that the supplier has an onsite processing plant and processed grain was implicit to the terms of the contract. over the remaining term of the contract, reshipping and having the grain processed would cost your company approximately $10,000,000, opposed to a cost of around $1,000,000 to the supplier. after speaking with in-house counsel, it was estimated that litigation would cost the company several million dollars and last for years. weighing the costs of litigation, along with possible ambiguity in the contract, what are three options you could take to resolve the dispute? which would be the best option for your business and why?

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Which of the following is not an example of one of the four mail advantages of prices on a free market economy