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1 year ago

Firms often consolidate industries through horizontal mergers and acquisitions to?

Business

1 answer:

Brrunno [24]1 year ago

3 0

Firms often consolidate industries through horizontal mergers and acquisitions to increase their market power.

<h3>What is market?</h3>

A market is a collection of systems, institutions, processes, social relationships, or infrastructures in economics that allow parties to exchange goods and services.
While parties may trade goods and services for money, the majority of markets rely on sellers providing their wares or services—including labor—to customers in exchange for payment.
A market, in this sense, is the mechanism by which the costs of goods and services are decided.
Markets enable distribution and allocation of resources in a community and facilitate trade.

<h3>What purpose do markets serve?</h3>

Markets are crucial.
They serve as the exchange mechanism for corporate stock and provide access to funds for firms.
Markets have a key role in how prices are set, how liquidity is transformed, and how businesses may meet customer wants.

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The reporting of net cash provided or used by operating activities that lists the major items of operating cash receipts, such a

Olenka [21]

Answer:

Explanation:

‘Cash Flow Statement’ is one of major financial statement that indicates the inflow and outflow of cash along with the reasons by categorizing each cash transaction in three activities i.e., operating, investing or financing activity. Non-cash transactions are not considered while preparing a cash flow statement.

Operating Activities records the cash transactions involved in the operations of the business are recorded under ‘operating activities’ in the cash flow statement.

Examples: Revenue earned, expenses incurred etc.

There are two methods to prepare the cash flow statement. The only difference between both the methods is the way of presenting cash flow from operating activities.

The two methods of presenting cash flow statement are:

Direct method: Operating activities section under direct method reports the amount of cash received and paid by the company during the period.
Indirect method: Operating activities section under indirect method reports the net income and later adjusts the transactions to convert it to cash basis of accounting.

3 0

3 years ago

Strategic planning starts with a _____ that reflects a firm’s vision, purpose, and values.

ivann1987 [24]

Strategic planning starts with a mission statement that reflects a firm’s vision, purpose, and values.

Strategic Planning Process: Strategic planning is the process of identifying long-term organizational goals, strategies, and resources, focusing on the horizon more than three years away.

Most large companies rely on one person to evaluate system requirements rather than relying on a system review committee. When assessing the feasibility of a schedule, systems analysts need to consider the trade-off between time and cost.

CRM (Customer Relationship Management) components can provide automated responses to sales inquiries, online order processing, and inventory tracking values.

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5 0

1 year ago

Suppose nominal GDP in 2006 was $14460 billion. If the current year price index is 127. What was the real GDP for 2006 (in billi

Musya8 [376]

Answer:

$113.86 billion

Explanation:

Real GDP = nominal GDP/ price index

Real GDP = $14460 billion / 127 = $113.86 billion

I hope my answer helps you

7 0

3 years ago

FIllmore Company began operations on Sept. 1 by purchasing $4,400 of inventory and $750 of cleaning supplies. During the month,

jarptica [38.1K]

Answer: $3,400

Explanation:

Gross Profit = Sales revenue - Cost of Goods sold

Cost of good sold = Opening stock + Purchases of inventory - Closing stock of inventory

= 0 + 4,400 - 1,800

= $2,600

Gross Profit = 6,000 - 2,600

= $3,400

5 0

2 years ago

Jamison Company reports depreciation expense of $50,000 for Year 2. Also, equipment costing $170,000 was sold for a $6,000 gain

asambeis [7]

Answer:

$44,000

Explanation:

According to the scenario, computation of the given data are as follow:-

Depreciation on Sold Equipment

Particular Amount($)

Year 1-Accumulated depreciation 550,000

Year 2-Depreciation 50,000

Year 2 –Total accumulated depreciation 600,000

Less-Year 2-Reported depreciation 468,000

Depreciation on sold equipment 132,000

Received Cash from the Sale of Equipment

Particular Amount($)

Cost of equipment 170,000

Less-Depreciation on sold equipment 132,000

Written down value of equipment 38,000

Add-Profit on sale of equipment 6,000

Sale price of equipment 44,000

8 0

3 years ago