Nancy and bill are auto mechanics. nancy takes 2 hours to replace a clutch and 4 hours to replace a set of brakes. bill takes 6 hours to replace a clutch and 4 hours to replace a set of brakes. state whether anyone has an absolute advantage at either task and, for each task, identify who has a comparative advantage.

Achecklists should be based on past

Following are the transactions for valdez services. the company paid $2,000 cash for payment on a 6-month-old account payable for office supplies. the company paid $1,200 cash for the just completed two-week salary of the receptionist. the company paid $39,000 cash for equipment purchased. the company paid $800 cash for this month’s utilities. the company paid $4,500 cash in dividends to the owner (sole shareholder). examine the above transactions and identify those that create expenses for valdez services. prepare general journal entries to record those transactions that created expenses in the above given order.

Robert owns a life insurance policy that he purchased when he first graduated college. it has a $100,000 death benefit and robert pays premiums for it every month out of his checking account. the insurance robert has is most likely da. permanent life insurance o b. term life insurance o c. group life insurance o d. individual life insurance