406 The following are the Statement of Financial - id4069605155 от evy22 18.05.2021 09:24

Question

Business: 406 The following are the Statement of Financial Positions of lyanda, Uthman and Akinade respectively: Iyanda Uthman Akinade Assets N 000 N000 N 000 Tangible 972 843 Investment in subsidiary: Uthman (700,000 shares) 356 Akinade (300,000 shares) Net current assets 477 1781 Financed by: Ordinary share capital of Al each Reserves Retained earnings Others 248 205 1320 164 570 1200 1000 400 333 200 100 248 120 70 1781 Additional information: 1320 570 i Iyanda acquired Uthman and Akinade when their Retained

evy22 · Accepted Answer

In Nash equilibrium Profits for Firm A and Firm B will be;

$-20 billion , $- 20 billion

Explanation:

Nash equilibrium is a situation in which both players will receive optimal profit. One player can not receive higher and extra ordinary profit while other player will make excessive losses. Nash equilibrium is a strategy in payoff matrix which benefits both the firms.

406 The following are the Statement of Financial Positions of lyanda, Uthman and

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