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Marina86 [1]
2 years ago
5

All of the following are examples of oligopolistic markets except A) the broadcasting industry. B) aircraft manufacture. C) coll

ege bookstores. D) seafood restaurant chains
Business
1 answer:
Yanka [14]2 years ago
3 0

Except for college book stores, all of the following are examples of oligopolistic markets.

An oligopolistic market (also known as an oligopoly) is characterized by the dominance of a small number of businesses that provide comparable products and services over a large number of others. In an oligopolistic market, there are few competitors, which limits competition and enables every firm to thrive. The environment often encourages cooperative behavior and regular business ties between companies.

It's crucial to keep in mind that oligopolistic enterprises are those that do business in oligopolistic markets. Businesses typically determine trends and pricing by establishing alliances and agreements that set prices higher than the marginal costs of the dominant firms. It implies that businesses operating in an oligopoly fix prices to maximize their own profit. In the end, it results in alliances and partnerships that help them and other businesses, particularly smaller ones engaged in the same market or sector, succeed.

If one company in a market cuts the prices it charges for goods and services to achieve the best possible increase in sales, firms that are directly competing usually do the same, frequently igniting a price war. Oligopoly firms typically avoid engaging in such pricing wars and instead invest more funds in research to enhance their products and services and in advertising that emphasizes their advantages over rival firms selling comparable goods and services.

Learn more about oligopolistic markets here

brainly.com/question/13635083

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Last year Harrington Inc. had sales of $325,000 and a net income of $19,000, and its year-end assets were $250,000. The firm's t
anzhelika [568]

Answer:

8.94%

Explanation:

Firstly, we will need to find total equity and total debt of Harrington Inc inorder to apply the Dupont equation for getting ROE

Harrington's total debt = 15.00 % × $250,000

= $37,500

Harrington's total equity will be; applying accounting equation

Asset = Liabilities + Owner's equity

Owner's equity = Assets - Liabilities

= $250,000 - $37,500

= $212,500

Therefore, using the Dupont equation, we can calculate the ROE as;

(NI/Sales) × (Sales/Total assets) × (Total assets/Total common equity)

= 19,000/325,000 × 325,000 /250,000 × 250,000/212,500

= 8.94%

7 0
3 years ago
The most important difference between for-profit businesses and nonprofit organizations is that:
kolezko [41]

The most important difference of the two or between businesses in the profit and nonprofit organizations is that in terms of nonprofit organizations, the organization owners does not make money, while the profit organizations—it makes money for the organizations’ owners.

7 0
3 years ago
The following information is available for Wenger Corporation:
bixtya [17]

Answer:

The taxable income for 2019 is $276,000.

Explanation:

(a) Calculation of taxable income for 2019:

Pretax financial income                                                             $302,100

Less: Excess of tax depreciation over book depreciation      ($43,800)

Add: Rent received in advance                                                 $18,100

Taxable income for 2019                                                           $276,400

(b) Journal entries for 2019:                             Debit ($)         Credit ($)

Income tax expense ($302,100 x 20%)             60,420

Deferred tax asset ($18,100 x 20%)                    3,620

           Deferred tax liability ($43,800 x 20%)                             8,760  

           Income tax payable ($276,400 x 20%)                            56,800

<em>Recording of income tax expense, deferred income taxes, and income taxes payable for 2019.</em>

(c) Journal entries for 2020:

Income tax expense (65,000 + 3,620 - 2,190)    66,430

Deferred tax asset ($43,800 x 20% / 4)               2,190

           Deferred tax liability ($18,100 x 20%)                               3,620  

           Income tax payable ($325,000 x 20%)                            65,000

<em>Recording of income tax expense, deferred income taxes, and income taxes payable for 2020.</em>

7 0
3 years ago
Read 2 more answers
Which of the following is a compound sentence?
ZanzabumX [31]
A. Raymond applied for the position, and he was called for an interview two days later.

(This sentence has more than one subject and a predicate, hence is a compound sentence)


6 0
3 years ago
Which of the following statements is CORRECT? Select one: a. The capital structure that minimizes a firm's weighted average cost
Varvara68 [4.7K]

Answer:

b. The capital structure that minimizes the firm's weighted average cost of capital is also the capital structure that maximizes its earnings per share.

Explanation:

The optimal capital structure is estimated by calculating the mix of debt and equity that minimizes the weighted average cost of capital (WACC) while maximizing its market value. The lower the cost of capital, the greater the present value of the firm’s future cash flows, discounted by the WACC. Thus, the chief goal of any corporate finance department should be to find the optimal capital structure that will result in the lowest WACC and the maximum value of the company (shareholder wealth).

6 0
3 years ago
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