Dr. Kwinn’s wife is getting ready for Halloween and buys 35…

Dr. Kwinn’s wife is getting ready for Halloween and buys 35 mini Snickers candy bars, 25 Reese’s Peanut Butter Cups and 30 Butterfinger candy bars and throws them in the candy bowl. Dr. Kwinn cannot walk by the bowl without randomly grabbing a candy bar (obviously, he goes through a lot, amiright?). What is the probability he first gets a Snickers, then a Reese’s, then another Snickers and then a Butterfinger? _______

Presented below is information on a few select accounts for…

Presented below is information on a few select accounts for Mystic, Inc., for Year 1 and Year 2. Screen Shot 2024-02-08 at 2.30.14 PM.png A) Using only the information in the above account balances, calculate Cash Flow from Operating Activities for the Year 2, using the Indirect method (show calculations). (10 points) B) In addition to the Cash Flow from Operating Activities for Year 2 calculated in question (A), assume that the Cash Flow from Investing activities was -20,000 and the Cash Flow from Financing Activities was +25,000 in Year 2. Using only the information on these three cash flow numbers (i.e., cash flow from operating, investing, and financing activities), comment on Mystic, Inc.’s strategy in Year 2?  (6 points)

Back in the day, Netflix (N) did not stream content, they on…

Back in the day, Netflix (N) did not stream content, they only mailed out DVD’s.  After Netflix had been doing this for quite some time, Blockbuster (B) -a retail DVD rental store- was trying to decide if they want to enter the mail-away DVD rental business to compete with Netflix.  Around this time, Netflix needed to figure out whether or not to lower its subscription price to try to prevent Blockbuster from entering the industry.  The decision tree above shows the Netflix-Blockbuster entry game. Should Netflix reduce its subscription price to try to deter Blockbuster from entering the market?

Rainbow Writer (RW) is a small company selling an excellent…

Rainbow Writer (RW) is a small company selling an excellent software package for printing special messages directly onto artillery ammunition shells.  The warriors who use these shells believe that the special messages increase the accuracy of their strikes at the enemy.  RW is currently earning $2 million per year selling only to its customers.  Odeon is a company that produces artillery shells, and they have expressed an interest in bundling some of RW’s technology to allow the wives of the warriors to write special messages to the enemy.  Odeon thinks that including RW’s technology would allow it to boost profits above the current $12 million they are earning.  The decision tree above shows the strategies and outcomes of the bargaining game… Odeon will offer either $30 or $40, and RW will accept or reject the offer. What is the equilibrium outcome in this game (i.e. what do you think will happen)?