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A Firm Spends $200 to Produce Goods in Period 1

Question 121

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A firm spends $200 to produce goods in period 1. In period 2, it sells half of those goods for $150, but doesn't collect payment until one period later. In period 3, it sells the other half of the goods for $150, and collects on these sales in period 4. Construct tables that depict the derivation of the profits and cash flows for the firm for periods 1 through 4. Ignore taxes.

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Profits: blured image ...

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