The following selected accounts from the Ayayai Corp.’s general ledger are presented below for the year ended December 31, 2017: Advertising expense $40,700 Interest revenue $22,200
Common stock 185,000 Inventory 49,580
Cost of goods sold 802,900 Rent revenue 17,760
Depreciation expense 92,500 Retained earnings 395,900
Dividends 111,000 Salaries and wages expense 499,500
Freight-out 18,500 Sales discounts 6,290
Income tax expense 51,800 Sales returns and allowances 30,340
Insurance expense 11,100 Sales revenue 1,776,000
Interest expense 51,800

Required:
Prepare a multiple-step income statement.

Evaluate a real situation between two economic actors; it could be any scenario: two competing businesses, two countries in negotiations, two kids trading baseball cards, you and another person involved in an exchange or anything else. use game theory to analyze the situation and the outcome (or potential outcome). be sure to explain the incentives, benefits and risks each face.

Awork system has five stations that have process times of 5, 9, 4, 9, and 8. what is the throughput time of the system? a. 7b. 4c. 18d. 35e. 9

Your company is starting a new r& d initiative: a development of a new drug that dramatically reduces the addiction to smoking. the expert team estimates the probability of developing the drug succesfully at 60% and a chance of losing the investment of 40%. if the project is successful, your company would earn profits (after deducting the investment) of 9,000 (thousand usd). if the development is unsuccessful, the whole investment will be lost -1,000 (thousand usd). your company's risk preference is given by the expected utility function: u(x) v1000 +x, where x is the monetary outcome of a project. calculate the expected profit of the project . calculate the expected utility of the project . find the certainty equivalent of this r& d initiative . find the risk premium of this r& d initiative e is the company risk-averse, risk-loving or risk-neutral? why do you think so?