The changes in account balances for Elder Company for 2021 are as follows:

Assets $ 495,000 debit

Common stock 245,000 credit

Liabilities 154,000 credit

Paid-in capital—excess of par 27,000 credit

Assuming the only changes in retained earnings in 2021 were for net income and a $63,000 dividend, what was net income for 2021?

a.$96,000.

b.$136,000.

c.$69,000.

d.$132,000.

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Barbara flynn is in charge of maintaining hospital supplies at general hospital. during the past year, the mean lead time demand for bandage bx-5 was 65 (and was normally distributed). furthermore, the standard deviation for bx-5 was 6. ms. flynn would like to maintain a 90% service level.refer to the standard normal table for z-values.a) what safety stock level do you recommend for bx-5? safety stock=)what is the appropriate reorder point? reorder point=

In a partnership, loans taken out by the general partners are binding on the limited partners. aren't a liability of either the general or limited partners aren't binding on the limited partners. are null and void.