Two firms, Boomburgs and ABC X-Plode, both sell the same fireworks bundle. If they sell their fireworks at the manufacturer's suggested retail price (MSRP), they both sell 100 units a day. Each pays $12 per unit sold to the wholesaler in order to stock its shelves. If either firm sells below MSRP while the other sells at MSRP, the firm with the lower price sells 175 units a day and the firm charging MSRP sells only 50. If both firms sell below MSRP, then each firm sells 125 units a day. If MSRP is $20 and the below MSRP price is $15, calculate the following payoffs: Profit for ABC X-Plode when both firms charge MSRP: Profit for ABC X-Plode when it charges MSRP but Boomburgs charges below MSRP: $ Profit for ABC X-Plode when it charges below MSRP but Boomburgs charges MSRP: $ Profit for ABC X-Plode when both firms charge below MSRP: $

Prepare the operating activities section—indirect method.(lo 4), apthe income statement of paxson company is presented here.paxson companyincome statementfor the year ended november 30, 2014sales revenue $7,600,000cost of goods sold beginning inventory$1,900,000 purchases4,400,000goods available for sale6,300,000 ending inventory1,600,000total cost of goods sold 4,700,000gross profit 2,900,000operating expenses selling expenses450,000 administrative expenses700,0001,150,000net income $1,750,000additional information: prepare the operating activities section—indirect 1. accounts receivable decreased $380,000 during the year, and inventory decreased $300,000.2. prepaid expenses increased $150,000 during the year.3. accounts payable to suppliers of merchandise decreased $350,000 during the year.4. accrued expenses payable decreased $100,000 during the year.5. administrative expenses include depreciation expense of $110,000.instructionsprepare the operating activities section of the statement of cash flows for the year ended november 30, 2014, for paxson company, using the indirect method.net cash provided $1,940,000