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3 years ago

An industry is composed of 10 firms, all with equal sales. the four-firm concentration ratio in this industry is

1 answer:

Klio2033 [76]3 years ago

8 0

The four-firm ratio is the concentration ratio between the total sales accumulated by the four largest industrial firms to the total sales of all firms present in an industry. This translates to the mathematical expression of

four-firm ratio = (total sales of four largest firms / total sales)

Since, we are given that all 10 firms have the same sales, we let the sales be equal to x.

total sales of four largest firms = 4x
total sales = 10x

The ratio is then,

four-firm ratio = 4/10

Converting this to percentage will yield us an answer of 40%.

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Sheffield Corp. was organized on January 1, 2021. During its first year, the corporation issued 2,500 shares of $50 par value pr

adelina 88 [10]

Answer:

Preferred stock Dividend Common stock dividend

2021 $5500 $0

2022 $6250 $6050

2021 $6250 $20950

Explanation:

Th dividends are distributed by the firm from he Net Income and are first paid to the preferred stockholders. The dividends paid to preferred stockholders remain constant and any dividend available after paying the preferred stockholders is paid to the common stockholders.

The preferred stock is non cumulative which means that if the company fails to pay full dividends or pays no dividends in a particular year to preferred stockholders, those dividends will not accumulate and will not be paid in the next year or whenever the company declares dividends.

The cash dividends that will be paid to Each class of stock for each year will be as follows,

The preferred stock dividends are fixed at = 50 * 0.05 = $2.5 per share

The total dividends on preferred stock is = 2.5 * 2500 = $6250

2021

Total Dividend declared = $5500

Dividend paid to Preferred stockholders = $5500

Dividend paid to Common stockholders = $0

2022

Total Dividend declared = $12300

Dividend paid to Preferred stockholders = $6250

Dividend paid to Common stockholders = 12300 - 6250 = $6050

2023

Total Dividend declared = $27200

Dividend paid to Preferred stockholders = $6250

Dividend paid to Common stockholders = 27200 - 6250 = 20950

4 0

3 years ago

Bulldog Holdings is a U.S.-based consumer electronics company. It owns smaller firms in Japan and Taiwan where most of its cell

ANEK [815]

I think it’s a because it’s talking about consumer electronics

5 0

4 years ago

The building code of River City requires that elevators in public buildings be inspected every nine months. Hal did not have the

Archy [21]

Answer: Public tort

Explanation: In simple words, public tort refers to the minor breach of contract by an individual. It is considered as a civil offense but still the acts under this act carries a criminal punishment.

In the given case, Hal did not make the elevator inspected in the seventh story for two years, however all other were inspected as per the rules. Thus, we can conclude that he breached the rule on a small level.

Hence from the above we can conclude that his offense would be classified as public tort.

3 0

4 years ago

In which performance appraisal method are various performance levels shown along a scale that incorporates only positive perform

Hatshy [7]

Answer:

Behavioral observation scales (BOS).

Explanation:

Performance appraisal is a formal systematic process combining both written and oral elements for reviewing and evaluation of individuals or a team's task performance in an organization. It helps employers to understand the abilities of their employees for further growth, training and development. One of such tool for performance appraisal is

Behavioral observation scales (BOS) is a performance appraisal method in which various performance levels are shown along a scale that incorporates only positive performance behaviors.

This simply means, BOS is focused on using one or more scales to gauge the frequency with which a staff has performed positively, effectively and efficiently in the job.

Hence, Behavioral observation scales (BOS) are goal-orientated process helps an employer to maximize the productivity of his or her employees, team members and by extension the organization.

6 0

3 years ago

An office building and its equipment are insured to $7,100,000. The present annual insurance premium is $0.85 per $100 of covera

andrew11 [14]

Answer:

a) 14.74%.

b) 13 years

Explanation:

a. Find the rate of return if the sprinkler system is installed.

P = -$18,000 - $360(P/A,i,20) + ($0.45)($7,100)(P/A,i,20)

= (P/A,i,20)=18000/2835 = 6.35

= $\frac{(1+i)^{20} -1 }{i(1+i)^{20}}$ = 6.35

Solving for i we get,

i =14.74%.

b. With interest at 12%, find the payout period for the sprinkler system.

P = -$18,000 - $360(P/A,12%,n) + ($0.45)($7,100)(P/A,12%,n)

(P/A,12%,n) = 18000/2835 = 6.35

= $\frac{(1+0.12)^{n} -1 }{0.12(1+0.12)^n}$ = 6.35

Using numerical solving to find the real roots of this equation (using a calculator, or Excel), we get n≅12.67 = 13 years. This means the payout period is about 13 years.

7 0

3 years ago