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3 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]3 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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Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. Decisions related to these accounts are referred t

cestrela7 [59]

Assuming Raleigh BBQ has $48,000 in current assets and $39,000 in current liabilities. This refers to as working capital management.

<h3>What is Working Capital Management?</h3>

Working capital management can be defined as the way in which a company or an organization ensures that both their current asset and current liabilities are put in use effectively and efficiently.

A company who make use of working capital management as a strategy will tend to ensure that their liabilities does not exceed their assets so as to maintain the company financial health.

Therefore this refers to as working capital management.

Learn more about working capital management here:brainly.com/question/14736085

7 0

3 years ago

A company reported total equity of $157,000 at the beginning of the year. The company reported $222,000 in revenues and $171000

Pani-rosa [81]

Wasssssupppp the answer will be B

4 0

4 years ago

Powell Company had the following errors over the last two years: 2019: Ending inventory was overstated by $58,500 while deprecia

erastovalidia [21]

Answer:

-$27,800

Explanation:

When the inventory closing balance is overstated, the cost of goods sold is understated and as such the net income which is posted to the retained earnings will be overstated . When an expense is overstated, the net income is understated and so is the retained earnings.

The net overstatement of inventory across the two periods

= $58,500 - $10,500

= $48,000

The net overstatement of depreciation across the two periods

= $24,800 - $4,600

= $20,200

Adjustments to retained earnings

= - $48,000 + $20,200

= -$27,800

7 0

3 years ago

Suppose the economy is in short-run equilibrium above potential GDP, the unemployment rate is very low, and wages and prices are

Effectus [21]

Answer:

an open market sale of Treasury securities (bonds).

Explanation:

An open market sale will decrease the money supply so aggregate demand decreases and shifts to the left.

8 0

3 years ago

-transposition

Triss [41]

Accounting error are errors committed in accounting, which are not intentional.

<h3>What is accounting error?</h3>

These are unintentional errors committed in accounting, which are often corrected when spotted.

Matching each definition to each example is shown below:

Ethan records $1,000 as a rent expense; however, the actual rent paid was $1,500 Original entry
Ethan records stationery expenses as $251, but it should have been $215 Transposition
Ethan records salaries of $5,000 as credits instead of debits. Reversal of entries
Ethan made a subtraction error while analyzing the profit on the sale of an asset. Calculation
Ethan completely overlooked stationery expenses of $115. Omission

Learn more about accounting errors here : brainly.com/question/25671660

#SPJ1

6 0

3 years ago