Clearview window company manufactures windows for the home-building industry. the window frames are produced in the frame division. the frames are then transferred to the glass division, where the glass and hardware are installed. the company’s best-selling product is a three-by-four-foot, doublepaned operable window. the frame division also can sell frames directly to custom home builders, who install the glass and hardware. the sales price for a frame is $175. the glass division sells its finished windows for $480. the markets for both frames and finished windows exhibit perfect competition. the standard variable cost of the window is detailed as follows:

Which result is a positive aspect of globalization?

Grey company holds an overdue note receivable of $800,000 plus recorded accrued interest of $64,000. the effective interest rate is 8%. as the result of a court-imposed settlement on december 31, year 3, grey agreed to the following restructuring arrangement: reduced the principal obligation to $600,000.forgave the $64,000 accrued interest.extended the maturity date to december 31, year 5.annual interest of $40,000 is to be paid to grey on december 31, year 4 and year 5. the present value of the interest and principal payments to be received by grey company discounted for two years at 8% is $585,734. grey does not elect the fair value option for reporting the debt modification. on december 31, year 3, grey would recognize a valuation allowance for impaired loans of

Which statement best explains the relationship between points a and b? a. consumption reaches its highest point, and then supply begins to fall. b. inflation reaches its highest point, and then the economy begins to expand. c. production reaches its highest point, and then the economy begins to contract. d. unemployment reaches its highest point, and then inflation begins to decrease.