I'm facing two problems while making a presentation. The problems are follows:

- Getting extra space before
`{itemize}`

environment. - When I'm writing second equation in side a box, there is a problem of alignment for the two equations (some part of the equations are not adjusting properly).

The code of my presentation follows:

\documentclass[fleqn]{beamer} \usetheme{CambridgeUS} \setbeamertemplate{caption}[numbered] \usepackage[none]{hyphenat} \section{The Theory of the Firm and Business Decisions} \begin{frame} \frametitle{The Theory of the Firm} \begin{itemize} %Before itemize i am getting lot of whitspace, which i need to be reduced. \item Combines and organizes resources for the purpose of producing goods and/or services for sale. \pause \item Internalizes transactions, reducing transactions costs. \pause \item Economic theory assumes that the primary goal of managers is to maximize the value of the firm. \begin{block}{Value of the Firm} \begin{eqnarray}% if i am going for both the equation it is not aligning properly and the equation number is missing. \textit{PV}& = &\frac{\pi_{1}}{{\left(1+r\right)}^{1}}+ \frac{\pi_{2}}{{\left(1+r\right)}^{1}}+\dotsb+ \frac{\pi_{n}}{{\left(1+r\right)}^{1}} = \sum_{t=1}^{n}\frac{\pi_{1}}{{\left(1+r\right)}^{1}} \\ \textit{Value of the firm}& = &\sum_{t=1}^{n}\frac{\pi_{1}}{{\left(1+r\right)}^{1}}= &\sum_{t=1}^{n}\frac{TR_{n}-TC_{n}}{{\left(1+r\right)}^{1}} \end{eqnarray} \end{block} \end{itemize} \end{frame} \end{document}

I'm learning LaTeX. Please excuse me if I have committed some mistakes. Looking forward for your suggestions.

With sincere regards,

Upananda