Milea Inc. experienced the following events in Year 1, its first year of operations:

1. Received $13,500 cash from the issue of common stock

2. Performed services on account for $45,000

3. Pald the utility expense of $1,150.

4. Collected $36,540 of the accounts receivable.

5. Recorded $8,100 of accrued salaries at the end of the year

6. Paid a $1,050 cash dividend to the stockholders.

Required

1. Prepare the income statement

2. Prepare the statement of changes in stockholders' equity

3. Prepare the balance sheet as of December 31.

4. Prepare the statement of cash flows for the Year 1 accounting period.

You decided to charge $100 for your new computer game, but people are not buying it. what could you do to encourage people to buy your game?

Suppose that two firms produce differentiated products and compete in prices. as in class, the two firms are located at two ends of a line one mile apart. consumers are evenly distributed along the line. the firms have identical marginal cost, $60. firm b produces a product with value $110 to consumers.firm a (located at 0 on the unit line) produces a higher quality product with value $120 to consumers. the cost of travel are directly related to the distance a consumer travels to purchase a good. if a consumerhas to travel a mile to purchase a good, the incur a cost of $20. if they have to travel x fraction of a mile, they incur a cost of $20x. (a) write down the expressions for how much a consumer at location d would value the products sold by firms a and b, if they set prices p_{a} and p_{b} ? (b) based on your expressions in (a), how much will be demanded from each firm if prices p_{a} and p_{b} are set? (c) what are the nash equilibrium prices?

Which completes the equation? o + a + consideration (+ = k legal capacity legal capability legal injunction legal corporation