A thug wants the contents of a safe tells the safe's owner, " will kill you if you don't open the safe, and let you live if you do." Similar games appear in many films, including Die Hard, Crimson Tide, and The Maltese Falcon. Assume for simplicity the game tree is illustrated in the figure to the right. 1. Who moves first?
2. Should the owner believe the threat and open the safe?
3. What is the equilibrium? Does the safe's owner believe the thug's threat? Does the safe's owner open the safe?
4. What is the subgame perfect Nash equilibrium?
A. The Nash equilibrium is for the owner to open the safe and for the thug to kill regardless of whether the owner opens the safe.
B. The Nash equilibrium is for the owner to open the safe and for the thug to not kill regardless of whether the owner opens the safe.
C. The game does not have a Nash equililbrium.
D. The Nash equilibrium is for the owner to not open the safe and for the thug to only kill if the owner does not open the safe.
E. The Nash equilibrium is for the owner to open the safe and for the thug to only kill if the owner does not open the safe.

Benton company (bc), a calendar year entity, has one owner, who is in the 37% federal income tax bracket (any net capital gains or dividends would be taxed at a 20% rate). bc's gross income is $395,000, and its ordinary trade or business deductions are $245,000. ignore the standard deduction (or itemized deductions) and the deduction for qualified business income. if required, round computations to the nearest dollar. a. bc is operated as a proprietorship, and the owner withdraws $100,000 for personal use. bc's taxable income for the current year is $ , and the tax liability associated with the income from the sole proprietorship is $ . b. bc is operated as a c corporation, pays out $100,000 as salary, and pays no dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . the shareholder's tax liability is $ . c. bc is operated as a c corporation and pays out no salary or dividends to its shareholder. bc's taxable income for the current year is $ , and bc's tax liability is $ . d. bc is operated as a c corporation, pays out $100,000 as salary, and pays out the remainder of its earnings as dividends. bc's taxable income for the current year is $ , and bc's tax liability is $ .

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Ski powder resort ends its fiscal year on april 30. the business adjusts its accounts monthly, but closes them only at year-end (april 30). the resort's busy season is from december 1 through march 31. adrian pride, the resort's chief financial officer, the museums a close watch on lift ticket revenue and cash. the balances of these accounts at the end of each of the last five months are as follows: