3)Cash Reconciliation -We are concerned with cash flows. Accrual-based accounting is not a reflection of cash inflows and outflows. We can, however, use accounting statements to extract the cash element of the accounting entries. We start with the Income Statement and use changes in Balance Sheet accounts to adjust for cash flows. Once we have calculated operating cash flow, we then consider other long-term sources changes on the Balance Sheet that affected cashsuch as acquisition/sale of fixed assets, sale/repurchase of common stock, dividend payments, issuance/repayment of debt, etc. When combined, we can reconcile the change in cash from $236,000 to $276,000

There are more than two types of bachelors’ degrees true or false?

Parks corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. the investment would provide cash inflows of $2,000 per year for six years. the working capital would be released for use elsewhere when the project is completed. if the company's discount rate is 10%, the investment's net present value is closest to (ignore income taxes) ?

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?