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liberstina [14]
1 year ago
7

movie producers a, b, and c secretly meet and agree to release their summer blockbuster films in sequence, rather than at the sa

me time. the u.s. justice department learns of the agreement and files an antitrust suit. the federal government would most likely file charges under the
Business
1 answer:
Natalka [10]1 year ago
4 0

Movie producers a, b, and c secretly meet and agree to release their summer blockbuster films in sequence, rather than at the same time. the u.s. justice department learns of the contract and files an antitrust suit. the federal government would most likely file charges under the Sherman Act, Section 1.

This Act is a civil statute (wearing no crook penalties) that prohibits mergers or acquisitions which are in all likelihood to reduce competition. Under this Act, the Government demanding situations the ones mergers which are in all likelihood to growth fees to consumers.

The quality regarded is the Sherman Antitrust Act of 1890, which declared illegal “each contract, combination . . . or conspiracy in restraint of exchange or commerce.” Another essential U.S. antitrust law, the Clayton Antitrust Act of 1914, as amended in 1936 via way of means of the Robinson–Patman Act, prohibits discrimination among.

Learn more about contract here:

brainly.com/question/984979

#SPJ4

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The managers at Harris Pizza in Boston have tracked the tips received by their drivers along with the total bill to the customer
Marina86 [1]

Answer:

Scatter Diagram.

Explanation:

Scatter Diagrams are convenient mathematical tools to study the correlation between two random variables. As the name suggests, they are a form of a sheet of paper upon which the data points corresponding to the variables of interest, are scattered.

3 0
3 years ago
High Flying takes tourists on helicopter tours of Hawaii. Each tourist buys a $190 ticket; the variable costs average $57 per pe
Dennis_Churaev [7]

Answer:

a.  450 tours per month

b.  $850 per month

c.  CM Ratio = 0.7

d.  

1.  Increase

2.  Decrease

3.  No Effect

Explanation:

<u>The questions are:</u>

<u>a. Compute the average number of tours the company must conduct per month to break even</u>

<u>b. Compute the average sales revenue needed per month to produce a target average profit of $53,200</u>

<u>c. Calculate the contribution margin ratio. (Round your answer to 2 decimal places.)</u>

<u>d. Determine whether the actions that follow will increase, decrease, or not affect the company's break-even point. </u>

<em>1. A decrease in tour prices.</em>

<em>2. The termination of a salaried clerk (no replacement is planned).</em>

<em>3. A decrease in the number of tours sold.</em>

<u />

<u />

<u>Solution:</u>

a.

Selling Price = 190

VC = 57

Unit Contribution Margin = $133

Fixed Cost = 718,200 yearly, so monthly is:

718,200/12 = 59,850

Break even occurs when by selling tours they will cover monthly fixed cost of 59,850 [each tour will get 133], thus:

59,850/133 =  <u>450 tours per month</u>

<u></u>

b.

718,200 FC yearly, means, monthly:

718,200/12 = $59,850

Profit needed 53,200, so we would need to cover:

53200+59850 = $113,050

Each tour gives Unit CM to be $133, so we would need revenue of:

Rev = 113,050/133 = <u>$850</u>

<u></u>

c.

Contribution margin ratio is the quotient of difference in sales and var expenses to sales.

So,

CM Ratio = (Sales - Var Exp) / Sales

CM Ratio = (190 - 57) / 190 = 0.7

d.

1.

If the tour prices, decrease, there will be less revenue coming in so the break even point would go higher.

So, break even point will increase

2.

If a salaried clerk is terminated, it will decrease the salary costs of the company. This is decrease the fixed costs of the company (annual wages and salaries), thus it will be easier to cover the new, lower, fixed costs. Thus, the break even point will decrease

3.

A decrease in number of tours sold would proportionally change the variables and other costs and revenues associated. If you look at the calculation above, you will see that "number of tours" won't affect the Break Even Point. Thus, this action will create "no effect".

7 0
3 years ago
Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $8,000 a year for the next
Allushta [10]

Answer:

b. $5,360

Explanation:

Using a financial calculator with CF function, find the Net present value (NPV) of this projects cashflows;

Initial investment; CF0 = -20,000

Yr 1 cash inflow; C01 = 8,000

Yr 2 cash inflow; C02 = 8,000

Yr 3 cash inflow; C03 = 8,000

Yr 4 cash inflow; C04 = 8,000

and annual interest rate; I/Y = 10%

then compute net present value; CPT NPV = 5,358.924

Therefore, the NPV will be closest to $5,360

8 0
3 years ago
The following information is available for a company's cost of sales over the last five months. Month Units sold Cost of sales J
Mice21 [21]

<u>TC</u> Units

$64,500 (High) 2,470

} $30,700 } 2000

$33,800( Low) 470

<u>VC</u><u> </u><u>per</u><u> </u><u>Unit</u><u> </u><u>=</u><u> </u><u> </u> 30 700 ÷ 2000 = $15.35

when 470 units are sold,( substitute vc per unit = 15.35)

TC = FC + VC

33, 800 = FC + ( 15.35× 470)

FC = $ 26 586

4 0
3 years ago
The discounts lost account is used under the ___ method for inventory. multiple choice question. periodic gross perpetual net
maxonik [38]

The discount lost account is used under the net method for inventory.

<h3><u>What is discount?</u></h3>
  • When a security is trading for less than its intrinsic or basic value, it is said to be trading at a discount in the world of finance and investment.
  • When a bond's price is trading below its par value, or face value, in the fixed-income market, a discount is present.
  • The extent of the discount is equal to the difference between the price paid for a security and its par value.
  • Bonds may trade at a discount for a variety of reasons, such as rising interest rates, problems with the underlying company's credit, or riskiness when compared to comparable bonds.

The discount rate, an interest rate used to calculate the time worth of money, should not be confused with a discount.

Know more about discount with the help of the given link:

brainly.com/question/3541148

#SPJ4

7 0
2 years ago
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