3-35 constructive receipt. which of the following constitutes constructive receipt in the current year ended december 31? a. a salary check received at 6: 00 p. m. on december 31, after all the banks have closed. b. a rent check received on december 30 by the manager of an apartment complex. the manager normally collects the rent for the owner. the owner was out of town. c. a paycheck received on december 29 that was not honored by the bank because the employer’s account did not have sufficient funds. d. a check received on december 30. the check was postdated january 2 of the following year by a customer who said he hoped to have the money by then. e. a check received on january 2. the check had been mailed on december 30.

Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

The year-end financial statements of calloway company contained the following elements and corresponding amounts: assets = $34,000; liabilities = ? ; common stock = $6,400; revenue = $13,800; dividends = $1,450; beginning retained earnings = $4,450; ending retained earnings = $8,400. based on this information, the amount of expenses on calloway's income statement was