Pregnant at age 15, tammy decided to have the baby. her parents were upset with her decision and threatened to "cut her off" if she did not complete high school. a difficult pregnancy and embarrassment resulted in her dropping out of school. after the baby was born her parents said that they would raise the baby but that she would have to leave the house. at age 16 tammy was on her own and without any money or job market skills. she began to work as a prostitute. this method of inquiry illustrates the approach:

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Why is following an unrelated diversification strategy especially advantageous in an emerging economy? a. it allows the conglomerate to overcome institutional weaknesses in emerging economies. b. it allows the conglomerate to form a monopoly in emerging economies. c. it allows the conglomerate to use well-defined legal systems in emerging economies. d. it allows the conglomerate to take advantage of strong capital markets in emerging economies.

Which investment has the liquidity and can be converted into cash easily?