Rolfe company (a u. s.-based company) has a subsidiary in nigeria where the local currency unit is the naira (ngn). on december 31, 2016, the subsidiary had the following balance sheet (amounts are in thousands (000's)): cash ngn 16,000 notes payable ngn 20,000 inventory 10,000 common stock 20,000 land 4,000 retained earnings 10,000 building 40,000 accumulated depreciation (20,000 ) ngn 50,000 ngn 50,000 the subsidiary acquired the inventory on august 1, 2016, and the land and building in 2010. it issued the common stock in 2008. during 2017, the following transactions took place:

The questions of economics address which of the following ? check all that apply

The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east west sales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 ) the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss)

Betty contracted with scooby’s skate store to deliver a pair of skates to jake for his birthday. scooby’s owner was going on a trip and delegated the delivery of the skates to brian. brian failed to make delivery. can jake sue brian for breach of contract, as he was not a party to the original contract? explain your answer. brian was not a party to the original contract. why would a court hold him responsible for failing to make delivery? if you do not think a court would hold him responsible, explain your answer. can jake sue scooby’s skates for breach of contract? explain your answer.