Name PAGE 9
CASH PAYMENTS JOURNAL
POST
GENERAL
ACCOUNT
PAYABLE
DES
PURCHASES
DISCOUNT
CREDIT
CASH
CRED
DATE
ACCOUNT TITLE
NO
DERIT
CREDIT
6090
310
6 odol
9
Woo
loodoo
318
3070
Lune 11Notes Payable
Interest Expense
22 Noles Pawolle
Interest Expense
Bulg Mu Notes logela
Interst Expense
out 3 Notes Payable
20-2 APPLICATION PROBLEM (concluded)
512500
1956
SOOD
145
To Go Olor
D Dodo
Add
Chapter 20 Accounting for Notes and Interest - 85

While cell phones with holographic keyboards are currently in the introduction stage of the industry life cycle, tablet computers are in the growth stage. in the context of this scenario, which of the following statements is true? a. the industry for cell phones with holographic keyboards will face greater competition than the tablet industry. b. while the industry for cell phones with holographic keyboards will focus more on product innovation, the tablet industry will focus more on process innovation. c. while the industry for cell phones with holographic keyboards can reap the benefits of economies of scale, the tablet industry will experience no such benefits. d. the industry for cell phones with holographic keyboards will face price competition, whereas, in the tablet industry, the mode of competition will be non-price.

Stormie zanzibar owns a bakery in the fictitious country of olombia. each month the government’s market ministry mails her a large list of the regulated price of goods which include products like bread, muffins and flat bread. the list also dictates the types of goods she can sell at the bakery and what she is to charge. because of the regulations placed on these goods, stormie has increased her production of sweets, pies, cakes, croissants and buns and decreased her supply of breads, muffins and flat bread. she has taken these steps because the sweet goods’ prices are not government controlled. stormie zanzibar lives under what type of economy?

Suppose that alexi and tony can sell all their street tacos for $2 each and all their cuban sandwiches for $7.25 each. if each of them worked 20 hours per week, how should they split their time between the production of street tacos and cuban sandwiches? what is their maximum joint revenue?