Answer:
Answer for the question:
Course hero In the following normal-form game, what strategies survive iterated elimination of strictly dominated strategies (IESDS) (i.e., strategies that are not eliminated at the end of the IESDS process)? What are the pure-strategy Nash equilibria?
is explained in the attachment.
Explanation:
Answer:
a. -$15,000
b. $165,000
Explanation:
The computation is shown below:
The net income is
= EBIT - interest expense
where,
EBIT = Sales - cost of good sold - administrative expense and selling expenses - depreciation expense
= $930,000 - $680,000 - $85,000 - $180,000
= -$15,000
So, the net income is
= -$15,000 - $55,000
= -$70,000
And, The operating cash flow is
= EBIT + Depreciation - income tax expense
= -$15,000 + $180,000 - $0
= $165,000
Answer:
Interest per year = $600
Explanation:
Given:
Amount invested = $7,500
rate of interest = 8%
Find:
Interest per year
Computation:
Interest per year = Amount invested x rate of interest
Interest per year = $7,500 x 8 %
Interest per year = $600
Answer:
Assets would be increased by $15,000 while owner's equity will also increase by $15,000.
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets, liabilities and owner's equity.
it is given as
Assets = Liabilities + Owners equity
When a business owner invests an amount into a business, it means money is available for the business to operate hence cash is recognized as an asset. However, the owners equity also goes up by the amount invested.
If the price elasticity of demand for insulin is equal to zero then the demand curve for insulin is - vertical
The demand curve is a graphical illustration of the connection between the price of a good or carrier and the amount demanded for a given period of time. In a standard representation, the rate will seem at the left vertical axis, the quantity demanded at the horizontal axis.
the demand curve, in economics, is a graphic representation of the relationship between product charge and the amount of the product demanded. it is drawn with the rate at the vertical axis of the graph and the amount demanded on the horizontal axis.
The demand curve can be an essential device to apply while companies make pricing decisions. this is because the demand curve can display the price factor wherein the customer responsiveness drops, in addition to the rate point that elicits the highest demand.
Learn more about the demand curve here
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