On july 31, 2017, culver company engaged minsk tooling company to construct a special-purpose piece of factory machinery. construction was begun immediately and was completed on november 1, 2017. to finance construction, on july 31 culver issued a $327,600, 3-year, 12% note payable at netherlands national bank, on which interest is payable each july 31. $224,600 of the proceeds of the note was paid to minsk on july 31. the remainder of the proceeds was temporarily invested in short-term marketable securities (trading securities) at 10% until november 1. on november 1, culver made a final $103,000 payment to minsk. other than the note to netherlands, culver’s only outstanding liability at december 31, 2017, is a $27,400, 8%, 6-year note payable, dated january 1, 2014, on which interest is payable each december 31?

Walmart and target are the only stores in a remote town that currently stock and sell the playstation 5 video game console. managers at both stores are simultaneously deciding whether to charge a price of $1,000 or $1,500 for each console. if both stores charge $1,000, they earn a profit of $100,000 each. if both stores charge $1,500, they earn a profit of $200,000 each. if one store charges $1,000 and the other store charges $1,500, the store that charges $1,000 earns a profit of $250,000 and the firm that charges $1,500 earns a profit of $50,000. if walmart and target they can both charge $1,500 and earn the highest combined profit available. engage in spirited price competition collude with each other privately undercut each other after making an agreement compete with each other only with regard to price and not quantity compete with each other only with regard to quantity and not price