Condensed financial data of Oriole Company follow. Oriole Company
Comparative Balance Sheets
December 31
Assets 2017 2016
Cash $156,752 $93,896
Accounts receivable 170,332 73,720
Inventory 218,250 199,529
Prepaid expenses 55,096 50,440
Long-term investments 267,720 211,460
Plant assets 552,900 470,450
Accumulated depreciation (97,000) (100,880)
Total $1,324,050 $998,615
Liabilities and Stockholders' Equity
Accounts payable $197,880 $130,562
Accrued expenses payable 32,010 213,400
Bonds payable 213,000 283,240
Common stock 426,800 339,500
Retained earnings 453,960 204,573
Total $1,324,050 $998,615
Oriole Company
Income Statement Data
For the Year Ended December 31, 2017
Sales revenue $753,612
Less
Cost of goods sold $262,792
Operating expenses, excluding depreciation 24,075
Depreciation expense 90,210
Income tax expense 52,923
Interest expense 9,176
Loss on disposal of plant assets 14,550 453,726
Net income $299,886
Additional information:
1. New plant assets costing $194,000 were purchased for cash during the year.
2. Old plant assets having an original cost of $111,550 and accumulated depreciation of $94,090 were sold for 2. $2,910 cash.
3. Bonds payable matured and were paid off at face value for cash.
4. A cash dividend of $50,499 was dedared and paid during the year.
Prepare a statement of cash flows using the indirect method

Which of the following best explains why large companies have an advantage over smaller companies? a. economies of scale make it possible to offer lower prices. b. the production possibilities frontier is wider for a larger company. c. decreasing marginal utility enables more efficient production. d. increasing the scale of production leads to a reduction in inputs.2b2t

< back to assignment attempts: 1 1 keep the highest: 1 / 2 2. determining opportunity cost juanita is deciding whether to buy a suit that she wants, as well as where to buy it. three stores carry the same suit, but it is more convenient for juanita to get to some stores than others. for example, she can go to her local store, located 15 minutes away from where she works, and pay a marked-up price of $102 for the suit: store travel time each way price of a suit (minutes) (dollars per suit) local department store 15 102 across town 30 88 neighboring city 60 65 juanita makes $42 an hour at work. she has to take time off work to purchase her suit, so each hour away from work costs her $42 in lost income. assume that returning to work takes juanita the same amount of time as getting to a store and that it takes her 30 minutes to shop. as you answer the following questions, ignore the cost of gasoline and depreciation of her car when traveling. complete the following table by computing the opportunity cost of juanita's time and the total cost of shopping at each location. store opportunity cost of time price of a suit total cost (dollars) (dollars per suit) (dollars) local department store 102 across town 88 neighboring city 65 assume that juanita takes opportunity costs and the price of the suit into consideration when she shops. juanita will minimize the cost of the suit if she buys it from the . grade it now save & continue continue without saving

Why is investing in a mutual fund less risky than investing in a particular company’s stock?