Answer:
D
Explanation:
The airline industry is an example of an oligopoly
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by :
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms
downward sloping demand curve
the action taken by the other airlines is known as tacit collusion.
Tacit collusion is when other companies adopt the price of the price leader
Tacit collusion is not illegal while the explicit collision is illegal.
Answer:
$190,000
Explanation:
Given:
Loan amount = $20000
Month Remain = [ 8 month - 2 month ( July - august) non interest bearing] = 6 month
Discount rate = 10%
Calculation of value discounted = Loan amount x Discount Rate x month remain
= $200,000 x 10% x 6/12
= Discounted Amount = $10000
After discount rate = loan amount - discounted amount
= $200,000 - $10,000
After Discount Rate= $190,000
Answer:
b.the portion of whole units that are completed with respect to materials or conversion costs.
Explanation:
In process costing the inventory in the work in process is valued using the equivalent numbers of units completed. The completed units are transferred to the finished goods Inventory. Equivalent numbers of unit are percentage completed those unit which are in process and needs to further processing to complete. It involves the cost of material and conversion as well. It also includes the unit completed during the period to value the inventory.
Answer:
a.$37,560
Explanation:
Cash balance $40,000 at month end = Cash balance $52,000 at beginning + cash receipts in June of $532,160 - cash disbursements of $581,720 + New borrowing
⇔ $40,000 = $2,440 + new borrowing
⇔ New borrowing = $40,000 - $2,440 = $37,560
If Skot wishes to maintain a cash balance of $40,000, Skot have to borrow $37,560 if it started the month with a cash balance of $52,000
Answer:
first one is T the second is F