Asubsidiary of porter inc., a u. s. company, was located in a foreign country. the functional currency of this subsidiary was the stickle (§), the local currency where the subsidiary is located. the subsidiary acquired inventory on credit on november 1, 2012, for §120,000 that was sold on january 17, 2013 for §156,000. the subsidiary paid for the inventory on january 31, 2013. currency exchange rates between the dollar and the stickle were as follows:
november 1, 2012 $.19 = §1
december 31, 2012 $.20 = §1
january 1, 2013 $.22 = §1
january 31, 2013 $.23 = §1
average for 2013 $.24 = §1
what amount would have been reported for this inventory in porter's consolidated balance sheet at december 31, 2012?
a. $24,000.
b. $26,400.
c. $22,800.
d. $27,600.
e. $28,800.

Financial information that is capable of making a difference in a decision is

Suppose there are three types of consumers who attend concerts at your university’s performing arts center: students, staff, and faculty. each of these groups has a different willingness to pay for tickets; within each group, willingness to pay is identical. there is a fixed cost of $1,000 to put on a concert, but there are essentially no variable costs. for each concert: i. there are 140 students willing to pay $20. (ii) there are 200 staff members willing to pay $35. (iii) there are 100 faculty members willing to pay $50. a) if the performing arts center can charge only one price, what price should it charge? what are profits at this price? b) if the performing arts center can price discriminate and charge two prices, one for students and another for faculty/staff, what are its profits? c) if the performing arts center can perfectly price discriminate and charge students, staff, and faculty three separate prices, what are its profits?

Suppose either computers or televisions can be assembled with the following labor inputs: units produced 1 2 3 4 5 6 7 8 9 10 total labor used 3 7 12 18 25 33 42 54 70 90 (a) draw the production possibilities curve for an economy with 54 units of labor. label it p54. (b) what is the opportunity cost of the eighth computer? (c) suppose immigration brings in 36 more workers. redraw the production possibilities curve to reflect this added labor. label the new curve p90.