Sports Co. is considering producing two goods, cricket wickets and cricket gloves. Following table provides information on all combinations of the wickets and gloves the company can
produce :
Combinations A B C D E F
Wickets 0 100 200 300 400 500
Gloves 420 400 360 300 200 0
a. Plot and connect the given combinations, in a clearly labelled graph, to create an
economic model of Sports Co. ( 1 Mark )
b. What does the model represent in economic terminology? Define the concept and explain
the assumptions behind this model. ( 1 Mark )
c. If Sports Co. currently produces 100 wickets and 400 gloves, what is the opportunity cost
of an additional 100 wickets? ( 1 Mark )
d. Is the production of 200 wickets and 200 gloves efficient? Explain. ( 1 Mark )
e. What will be the impact on the graph if Sports Co. can acquire a new machine that will
increase production of gloves? Support your answer with illustration on the graph in (a)
above. ( 1 Mark )

Intronix uses copy editors, computer graphics specialists, and java programmers to produce ads for magazines and the internet. the average new ad for magazines typically requires 180 hours of a copy editor's time and 135 hours of a computer graphics specialist's time, whereas ads produced for the internet require 35 hours of copy editor time, 195 hours of computer graphics time, and 60 hours of a java programmer's time. lassie food, a dog food manufacturer, has hired intronix to produce ads in the next four week. although currently it considers magazine ads 3 times more valuable than internet ads, it still wishes to have at least 2 of each produced within the next four weeks. intronix has assigned up to 3 copy editors, 4 computer graphics specialists, and 1 java programmer, each committed to work up to 70 hours per week on the project. how many of each type of ad should be produced to maximize the overall value to lassie foods

Miko willingly admits that she is not an accountant by training. she is concerned that her balance sheet might not be correct. she has provided you with the following additional information. 1. the boat actually belongs to miko, not to skysong, inc.. however, because she thinks she might take customers out on the boat occasionally, she decided to list it as an asset of the company. to be consistent, she also listed as a liability of the corporation her personal loan that she took out at the bank to buy the boat. 2. the inventory was originally purchased for $27,500, but due to a surge in demand miko now thinks she could sell it for $39,600. she thought it would be best to record it at $39,600. 3. included in the accounts receivable balance is $11,000 that miko loaned to her brother 5 years ago. miko included this in the receivables of skysong, inc. so she wouldn’t forget that her brother owes her money. (b) provide a corrected balance sheet for skysong, inc.. (hint: to get the balance sheet to balance, adjust stockholders’ equity.) (list assets in order of liquidity.)

Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)