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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.

Learn more about market here:

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The US agricultural sector experienced a severe drought in 2012. A drought decreases the supply of agricultural products, which

Nataliya [291]

Answer:

True

Explanation:

Exceptionally good weather will guarantee a good yield in crops. This will lead to an increase in supply of produce to the market, and when supply increases, the supply curve shifts to the right.

This is simply because there are more products and more sellers, and this will result in more supply.

5 0

3 years ago

An existing partner wants to contribute property having a basis less than its FMV for an additional interest in a partnership. a

tino4ka555 [31]

Answer:

He should not contribute the property to the partnership.

Explanation:

There is an ensuing loss if the partner contributes the property to the partnership instead of a gain. Partnerships recognize the basis of contributed capital. They usually compare the fair market value with the book value to determine if a loss has been incurred or a gain made. However, the tax consequences of the contributed property will be allocated to the partner making the property contribution.

8 0

2 years ago

In a free market system, market prices are determined by (choose all that apply.)

loris [4]

<span>In a free market system, market prices are determined by:
- Competition
- Self-Interest
- Government

Competition will affect how the producers sell their product to obtain the maximum amount of customers The more competition usually lead to lower price.
Self-interest will determine the interest for a certain product in the market. The more people interested in a product, the higher the price would be.
Government will influence product's price thorugh taxation</span>

6 0

3 years ago

The prepaid insurance account had a balance of $3,000 at the beginning of the year. The account was debited for $32,500 for prem

exis [7]

Answer:

1. Insurance expense A/c Dr $30,700

To Prepaid insurance A/c $30,700

(Being the insurance expense is adjusted)

2. Insurance expense A/c Dr $30,700

To Prepaid insurance A/c $30,700

(Being the insurance expense is expired)

Explanation:

The journal entries are shown below:

1. Insurance expense A/c Dr $30,700

To Prepaid insurance A/c $30,700

(Being the insurance expense is adjusted)

The computation is shown below:

= Balance in prepaid insurance account + premiums on policies purchased - unexpired insurance applicable

= $3,000 + $32,500 - $4,800

= $30,700

2. Insurance expense A/c Dr $30,700

To Prepaid insurance A/c $30,700

(Being the insurance expense is expired)

7 0

2 years ago

Once Greg and Caitlin were married, they decided to purchase a home together. Since it was a shotgun wedding after a weekend in

Naily [24]

Answer:

Tenancy by the entirety

Explanation:

Tenancy by the entirety is a type of ownership over the property among the married couple. Each individual is the owner of the property and has an equal right over it. The possession of each spouse is shared mutually among the couple. In case, any of the couples dies, the entire possession of the property is passed on the other surviving partner. The possession of the property is owned by the couple as a single property.

In the given excerpt, Tenancy by the entirety would be the best option to purchase a property for Greg and Caitlin after they are married.

3 0

2 years ago