General Mills is a 90-year-old food and beverage company with more than 100 brands in more than 100 countries. General Mills manufactures well-known food and beverage brands such as Pillsbury, Betty Crocker, Nature Valley, Yoplait, Progresso, and Old El Paso. The company recently expanded its portfolio of brands with the purchase of Blue Buffalo pet food. General Mills might best be known for its presence in the cereal aisle at your local grocery store. General Mills manufactures 11 well-known cereal brands including Chex, Cheerios, Total, Wheaties, and Cascadian Farm. Each of these brands has multiple varieties. The addition of Blue Buffalo pet food to General Mills’ portfolio of brands represents .

a. repositioning
b. an increase to the product mix width
c. a product modification
d. a product line extension

Listed below are several transactions that took place during the first two years of operations for the law firm of pete, pete, and roy.year 1 year 2amounts billed to clients for services rendered $ 170,000 $ 220,000 cash collected from clients 160,000 190,000 cash disbursements salaries paid to employees for services rendered during the year 90,000 100,000 utilities 30,000 40,000 purchase of insurance policy 60,000 0 in addition, you learn that the company incurred utility costs of $35,000 in year 1, that there were no liabilities at the end of year 2, no anticipated bad debts on receivables, and that the insurance policy covers a three-year period.required: 1. & 3. calculate the net operating cash flow for years 1 and 2 and determine the amount of receivables from clients that the company would show in its year 1 and year 2 balance sheets prepared according to the accrual accounting model.2. prepare an income statement for each year according to the accrual accounting model.

In the short-run, marginal costs are equal to the change in variable costs as output changes. ( mc = change in variable cost / change in quantity) assume that capital is fixed in the short-run. (a) start with the equation for marginal cost and derive an equation that relates marginal cost of production to the cost and productivity of labor. (b) draw a standard looking short-run marginal cost curve and use the equation you derived to explain its shape.

In a hypothetical economy, a market basket consists of one laptop and two dvd players. in the base year, 2010, the price of a dvd player was $200, and the price of a laptop was $500. in 2015, the price of a dvd player was $380, and the price of a laptop was $750. the cpi for 2010 was