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masya89 [10]
2 years ago
10

The term monopoly refer most specifically to

Business
1 answer:
Alisiya [41]2 years ago
8 0
<span>the exclusive possession or control of the supply or trade in a commodity or service.</span>
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For each transaction, indicate the transaction's effect on the company's accounting equation by selecting either increase, decre
lbvjy [14]

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C

Explanation:

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3 years ago
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K. Johnson, Inc.'s managers want to evaluate the firm's prior-year performance in terms of its contribution to shareholder value
jolli1 [7]

Answer:

-3 million dollars

Explanation:

we have EVA = economic value added

to ge the EVA, we use this formula :

(operating return on the assets - cost of the total capital) multiplied by the total assets

total assets = 100 million

operating return = 12 percent

cost of capital = 15 percent

the EVA = 12% - 15% * 100000000

= -0.03 * 100000000

= -3,000,000 dollars

b. The loss of the value of the shareholder is happening even though the firm is earning ROI that is more than the average firm in the industry.

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2 years ago
Phoenix Farm, a firm that sells farm products, gathers fresh food products in one place for its customers. Customers can buy egg
natali 33 [55]

Answer:

Retailer

Explanation:

When a producer directly sells the goods to customers, who directly consume the goods rather than further sale, then the producer or seller is termed as retailer.

Goods on retail simply means sales for direct consumption.

Here, Phoenix Farms produces fresh food products which are directly consumables and are sold directly rather than involving intermediaries thus, he is a <u>retailer</u>.

5 0
3 years ago
Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning
otez555 [7]

Answer:

Explanation:

1. The computation of the balance in retained earnings is shown below:

= Beginning retained earning balance + adjusted net income

where,

Beginning retained earning balance is $780,000

And, the adjusted net income is = Inventory × ( 1 - tax rate)

= $60,000 × (1 - 40%)

= $36,000

Now put these values to the above formula  

So, the value would equal to

= $780,000 + $36,000

= $816,000

2. The journal entry is shown below:

Inventory A/c Dr $60,000

   To Retained earning A/c $36,000

   To Tax payable A/c          $24,000

(Being inventory is adjusted and the remaining balance is credited to tax payable account)

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3 years ago
The following data are for a series of increasingly extensive flood control projects:
igomit [66]

Answer:

b. $28,000 and $12,000 respectively

Explanation:

The marginal cost and marginal revenue refers to the additional cost or revenue that is generated for adding an additional unit or increasing the ouput by one unit,

In thi case, moving to Large reservoir from Medium reservoir

Marginal cost: 72,000 - 44,000 = 28,000

<em>It cost 28,000 to move to a large reservoir</em>

Marginal revenue :64,000 - 52,000 = 12,000

<em>It generates additional benefit for 12,000</em>

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