A city "Piggy-backs" its 3 percent sales tax on top of the state sales tax. during calendar year 2019 the state remits $800,000 to the city for sales collected for the city . on January 25,2020,the state sends the city $ 300,000 for sales taxes collected in the fourth quarter of 2019. on march 1, the state sends the city $ 45,000 for the sales taxes applicable to 2019,but sent in by late filers .Historically, the state has sent the city about $ 30,000 every June for sales taxes applicable to previous years that either trickles in from additional late filers or that results from tax audits. the city has a stated policy of treating sales taxes as " available " if received by March 30 of the year after the applicable sales tax year . based on the foregoing information only , how much should the city recognize as sales tax revenue in its financial statement for the year ended December 31,2019

Consider a two-firm industry. firm 1 (the incumbent) chooses a level of output q1. firm 2 (the potential entrant) observes q1 and then chooses its level of output q2. the demand for the product is p = 100 - q, where q is the total output sold by the two firms which equals q1 +q2. assume that the marginal cost of each firm is zero. a) find the subgame perfect equilibrium levels of q1 and q2 keeping in mind that firm 1 chooses q1 first and firm 2 observes q1 and chooses its q2. find the profits of the two firms-? 1 and ? 2- in the subgame perfect equilibrium. how do these numbers differ from the cournot equilibrium? b) for what level of q1 would firm 2 be deterred from entering? would a rational firm 1 have an incentive to choose this level of q1? which entry condition does this market have: blockaded, deterred, or accommodated? now suppose that firm 2 has to incur a fixed cost of entry, f > 0. c) for what values of f will entry be blockaded? d) find out the entry deterring level of q1, denoted by q1b, as a function of f. next, derive the expression for firm 1

Match the different financial task to their corresponding financial life cycle phases

Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership