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Anika [276]
2 years ago
8

You are told that the four-firm concentration ratio in an industry is 20. Based on this information you can conclude that:

Business
1 answer:
nata0808 [166]2 years ago
8 0

When a person is told that the four-firm concentration ratio in an industry is 20 this means that: C. The four largest firms account for 20 percent of industry sales.

<h3>What is the four-firm concentration ratio?</h3>

The four-firm concentration ratio is a term that refers to the market share of the four largest firms being observed. When the concentration ratio increases, the market industry also experiences a corresponding increment.

Also when this concentration ratio is more than half or 50%, the market can be said to be overly concentrated. So, the response above aptly describes the meaning of the four-firm concentration.

Learn more about market share here:

brainly.com/question/25309906

#SPJ4

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Camellia, a merchandising​ company, has provided the following extracts from their budget for the first quarter of the forthcomi
MrRissso [65]

Answer:

<em>555 000 US$ </em>

Explanation:

                <em>Cash sales(25%)                            Credit sales(75%) </em>

January  (400,000*25%)=100000                    (400,000-100000)=300,000

February  (600,000*25%)=150,000            (600,000-150,000)=450,000

Customer collections to the month of February.

= $150,000 + ($450,000 * 0.7) + ($300,000*0.3)

<em>(Balance collections = (100 - 70) = 30%) </em>

8 0
4 years ago
Development associates (da) agrees to buy five acres of land from eastside properties for $15,000. eastside fails to go through
Nana76 [90]
$2,000 is the amount of money that the Development associates may recover. When the Eastside fails to go through with the deal on the agreed date, when the market price of the land is $17,000 then the price of the land on the agreed date is only $15,000. So the DA may recover the $2,000.
8 0
4 years ago
Julius asks rachel if she would like to sell her boat. rachel privately has no interest in selling her boat and believes that ju
erica [24]
Julius and Rachel have formed a valid contract because Rachel's outward expression showed the formation of a contract. A valid contract is an expressed agreement between two parties to produce a product or service. The essential elements of a valid contract are: an offer, an acceptance, an intention to create a legal relationship and a consideration, usually in form of money.<span />
6 0
3 years ago
Using the present value tables in Exhibits 26-3 and 26-4, Assume that the required rate of return for investment projects at Rip
ehidna [41]

Answer:

No

Explanation:

the required rate of return = 12%

if the present value of the project's cash flows after being discounted at the required rate of return = $120,000, then the net present value (NPV) of the project is negative. Future cash flows are discounted at the company's required rate of return, if they were discounted at a lower rate, their present value would be higher.

Any project with a negative NPV should be rejected because it doesn't provide enough cash flows.

5 0
3 years ago
According to the National Association of Colleges and Employers (NACE) survey, some of the skills that employers seek include:
rodikova [14]

Answer:

1) Problem solving skills

2) Teamwork abilities

3) Strong work ethic

4) Analytic / Quantitative Skills

Explanation:

As reported by the National Association of Colleges and Employers (NACE), during their survey on skills employers seek in candidates. They have found that the most important skills employers seek in a candidate's resume aside from a good GPA are problem-solving skills and the ability to work in a team.

Other top skills that employers want are a strong work ethic and analytical/quantitative skills. These skills were among the top six in the last year's report of NACE. While this year they have become the top four most wanted skills by an employer.

There are other skills as well that employers seek such as Communication Skills (written), Leadership, Communication Skills (Verbal), Initiative, etc. However, they are not as important as the top four skills mentioned above.

8 0
3 years ago
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