Problem 17-04a (video) partially correct answer. your answer is partially correct. try again. the income statement of whitlock company is presented here. whitlock company income statement for the year ended november 30, 2020 sales revenue $7,700,000 cost of goods sold beginning inventory $1,900,000 purchases 4,400,000 goods available for sale 6,300,000 ending inventory 1,400,000 total cost of goods sold 4,900,000 gross profit 2,800,000 operating expenses 1,150,000 net income $1,650,000 additional information: 1. accounts receivable increased $200,000 during the year, and inventory decreased $500,000. 2. prepaid expenses increased $150,000 during the year. 3. accounts payable to suppliers of merchandise decreased $340,000 during the year. 4. accrued expenses payable decreased $100,000 during the year. 5. operating expenses include depreciation expense of $70,000. prepare the operating activities section of the statement of cash flows using the direct method.

Find the expected net profit of an insurance company on a health-insurance policy if: the probability of a $5000 claim is 20%; the probability of a $1000 claim is 60%; the probability of a $20,000 claim is 10%, and the probability of no claim is 10%. the company charges $4000 for this coverage. interpret your answer.

Suppose the marginal damage and marginal benefit curves in a polluted neighborhood are md = p/3 and mb = 4 – p. also, suppose that transactions costs are low, so that the consumers and the firm can bargain. we saw that in this case, the socially-optimal level of pollution is achieved. start by computing the socially-optimal p. then, for each of the following cases, compute the amount of money transferred through the bargaining process, and indicate who pays whom (i.e., whether consumers pay the firm, or vice versa). also, compute the gains to each party relative to the status quo (i.e., the starting point of the bargaining process).a)consumers have the right to clean air; firm is dominant in the bargaining process.b)consumers have the right to clean air; consumers are dominant in the bargaining process.c)firm has the right to pollute; firm is dominant in the bargaining process.d)firm has the right to pollute; consumers are dominant in the bargaining proces

Ineed this asap miguel's boss asks him to distribute information to the entire staff about a mandatory meeting. in 1–2 sentences, describe what miguel should do.