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2 years ago

Parts of the retail industry in which a small number of businesses control a large portion of the market represent __________.

Business

1 answer:

solniwko [45]2 years ago

8 0

The answer to your question is "Oligopolies."

An oligopoly is a market form where a market is controlled by a few large sellers or businesses. The type of market is going to effect the price in one of two ways. The first possibility is that the few businesses will work together, or collude, in order to establish higher than normal prices. The second possibility is that there will be fierce competition between the few sellers, which will result in a high level of competition and lower prices.

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Company J acquired all of the outstanding common stock of Company K in exchange for cash. The consideration transferred exceeds

slamgirl [31]

Answer: The amounts have to be determined using fair value for plant and equipment and for long term debt.

Explanation:

Fair value method is based on the market price of the asset. The historical value of the assets is not used to consider the sale price of the asset. Fair value is where Company J and Company K both the parties have to accept the price based on the known facts of the assets.

Company J and Company K should both accept the price out of free will and should not be out of compulsion. Company J can report based on the financial statement fair value of the assets and long term debt.

4 0

3 years ago

A business operated at 100% of capacity during its first month, with the following results: Sales (90 units) $90,000 Production

umka21 [38]

Answer:

d.$18,900

Explanation:

Gross Profit is the net of Sales value and production cost in the period for the units sold. Under absorption costing all the direct and indirect costs incurred in the production of products are included in the total production cost. As the cost is available for 100 units produced we need to calculate the cost of 90 unit and deduct this cost from the sales value to determine the gross profit and then deduct the operating expenses to calculate the operating income.

Sales (90 units) $90,000

Less: Production costs:

Direct materials ( $40,000 x 90/100 ) $36,000

Direct labor ( 20,000 x 90/100 ) $18,000

Variable factory overhead ( 2,000 x 90/100 ) $1,800

Fixed factory overhead ( 7,000 x 90/100 ) $6,300

Total Production cost ($62,100)

Gross Profit $27,900

Less Operating expenses:

Variable operating expenses $8,000

Fixed operating expenses $1,000

($9,000)

Operating Income $18,900

6 0

2 years ago

The spread is the difference between the bid and ask prices difference between the purchase and sale prices commission charged b

liubo4ka [24]

Answer:

The difference between the commissions charged by Full service brokers , Discount brokers and Online brokers are is about 60% higher for Full service Brokers

Explanation:

The difference between the commissions charged by Full service brokers , Discount brokers and Online brokers are is about 60% higher for Full service Brokers

Full service brokers perform a lot of services like providing investment advice and analyzing the market on behalf of the investor therefore commissions charged by full service broker is usually higher

6 0

2 years ago

Please can u explain 5 types of ledgers

horsena [70]

Answer:

1. Sales ledger

2. Purchase ledger

3. Cash ledger

4. General ledger

8 0

2 years ago

Read 2 more answers

Question 11 of 20

Inessa [10]

Answer: Gus should keep the files A. and D.

Explanation:

I don’t believe that he should keep B. due to D. showing an update to B. so, he shouldn’t keep B. so that he doesn’t get confused by both B. and D. being in the files.

8 0

11 months ago