Value added inc. buys $1 million of sow's ears at the beginning of january but doesn't pay immediately. instead, it agrees to pay the bill in march. it processes the ears into silk purses, which it sells for $2 million in february. however, it will not collect payment on the sales until april. (leave no cells blank - be certain to enter "0" wherever required. negative amounts should be indicated by a minus sign. enter your answers in thousands of dollars not in millions.)

(a) what is the firm’s net income in february?

(b) what is its net income in march?

Which of the following businesses is most likely to disrupt an existing industry? a. closer connex developed an earphone that receives emails and text messages and converts them to voice messages. the first models had poor reception, but they rapidly improved over time. b. mega technologies reconfigured the components used in its touchscreen tablets to create a new type of wearable device for use in restaurants and other service industries. c. particle inc. developed a teleportation technology that can transport physical materials instantaneously across great distances. d. altrea added advanced camera technology to its premium line of smartphones so that they would take the highest-quality photos of all phones on the market.