Dec. 6 paid $1,600 for salaries due employees, of which $600 is for december and $1,000 is for november salaries payable. 8 received $1,900 cash from customers in payment of account (no discount allowed). 10 sold merchandise for cash $6,300. the cost of the merchandise sold was $4,100. 13 purchased merchandise on account from hecht co. $9,000, terms 2/10, n/30. 15 purchased supplies for cash $2,000. 18 sold merchandise on account $12,000, terms 3/10, n/30. the cost of the merchandise sold was $8,000. 20 paid salaries $1,800. 23 paid hecht co. in full, less discount. 27 received collections in full, less discounts, from customers billed on december 18. adjustment data:

Alandowner and his neighbor purchased adjoining undeveloped lots. after both built homes on their respective lots, the landowner suggested to the neighbor that a common driveway be built where the two lots joined. the neighbor agreed. the landowner and the neighbor split the cost of constructing the driveway and entered into a written agreement to equally share the costs of its upkeep and maintenance. the agreement was recorded in the county recorder's office. two years later, the neighbor built a new driveway located entirely on his lot. the common driveway, which the landowner continued to use but which the neighbor no longer used, began to deteriorate. the landowner asked the neighbor for money to maintain the common driveway, but the neighbor refused to contribute. three years later, the neighbor conveyed his lot to a friend. the friend entered into possession and used only the driveway built by the neighbor. by this time, the common driveway had deteriorated badly and contained numerous potholes. the landowner asked the friend to pay half of what it would take to repair the common driveway. the friend refused. the landowner repaired the driveway and sued the friend for 50% of the cost of repairs. will the landowner prevail?

What are the general categories of capital budget scenarios? describe the overall decision-making context for each.

Refer to the payoff matrix. suppose that speedy bike and power bike are the only two bicycle manufacturing firms serving the market. both can choose large or small advertising budgets. is there a nash equilibrium solution to this game?