Answer:
a. its average cost is greater than its marginal cost
Explanation:
Answer:
b. prohibited any merger that would reduce competition
Explanation:
The "Clayton Act" of <em>1914</em> was meant to prohibit "price-fixing," monopolies and other unethical practices when it comes to business. So, this makes <u>choice a incorrect</u> because it "prohibits the restraint" of such practices. This also makes<u> choice c incorrect</u> because Clayton Act allowed the activity of charging buyers different prices in order to increase competition. This also makes<u> choice e incorrect</u> because the act was meant to provide the firms the freedom to buy their stocks from anyone (even from competitors).
<u>Letter d is incorrect</u> because the "Federal Trade Commission" enforced the "Clayton Act" and not vice-versa.
<u>Choice b is correct</u> because<em> the act prohibited any collusion or merger that would attempt to reduce the competition.</em> The act was meant to increase competition and not on its reduction.
So, this explains the answer.
Answer:
Fixed-charge coverage ratio
Explanation:
The fixed-charge coverage ratio can be regarded as a rato that gives the measurements of the ability of a firm have to cover all her fixed charges. These fixed charges could be expense as well as debt payments and interest. It displays the wellness that earnings of a company has to cover its fixed expenses. This ratio is considered by bank before they lend money to a business. It should be noted that Fixed-charge coverage ratio measures the number of dollars of operating cash available to meet each dollar of interest and other fixed charges that the firm owes.
Answer:
The answer is $209,300
Explanation:
This is an indirect method of preparing cash flow. Why? - Because indirect method of preparing cash flow start with net income under cash flow for operating activities section.
Account payable decrease over the year($36,600 - $32,100)
=$4,500
Inventory balance increase over the year($46,300 - $43,100)
=$3,200
Therefore, Nevada Boot would report operating cash flows of:
Net income....................................$217,000
Less:
Increase in inventory......... ($3,200)
Decrease in accounts payable.................................. ($4,500)
Cash flow from operating activities...............................$209,300