Suppose AT&T and T-Mobile are deciding whether to increase ad spending to promote their 4G LTE networks. If both companies increase ad spending, AT&T will earn $6 million and T-Mobile $4 million in profit. If both leave ad spending the same, AT&T will earn $8 million and T-Mobile $6 million in total profit. If one firm increases spending and the other leaves theirs the same, the firm which increases spending will earn new customers and increase profits to $7 million, while the other firm will be left with just $2 million.
Required:
a. Who are the players in this game? What are their strategies?
b. Draw a decision matrix showing the players, strategies, and payoffs.
c. What will be the outcome of this game?
d. Is there a Nash Equilibrium?

Landon mars, the company bookkeeper, recorded the $10,000 purchase of land as rent expense by decreasing cash and decreasing shareholders' equity. what is the effect of this error on the accounting equation

Captain john's yachts, inc., located in fort lauderdale, florida, rents three types of ocean-going boats: sailboats, cabin cruisers, and captain john's favorite, the luxury yachts. captain john advertises his boats with his famous "you rent"we pilot" slogan, which means that the company supplies the captain and crew for each rented boat. each rented boat has one captain, of course, but the crew sizes (deck hands, galley hands, etc.) differ. the crew requirements, in addition to a captain, are one for sailboats, two for cabin cruisers, and three for yachts. ten employees are captains, and an additional 18 employees fill the various crew positions. currently, captain john has rental requests for all his boats: four sailboats, eight cabin cruisers, and three luxury yachts. if captain john's daily profit contribution is $50 for sailboats, $70 for cruisers, and $100 for luxury yachts, how many boats of each type should he rent?

What is the difference between secure bonds and naked bonds?