All categories

3 years ago

A fourminusfirm concentration ratio measures

1 answer:

6 0

<span>A four-firm concentration ratio measures the fraction of an industry's sales accounted for by the four largest firms. A four-firm concentration ratio compares different companies within the same market and the type of control they have over it. The control is in relation and indication of an oligopoly that the companies create together.
</span>

You might be interested in

Individual marketing across segments creates more total sales than any other type of marketing.

Flura [38]

Answer:

false

Explanation:

7 0

3 years ago

The following data were taken from the balance sheet of Nilo Company at the end of two recent fiscal years: Current Year Previou

Sati [7]

Answer:

1. Previous Year = $1,820,000, Current Year = $2,550,000

2. Previous Year = 3.80 times , Current Year = 4.40 times

3. Previous Year = 2.70 times, Current Year = 3.00 times

Explanation:

working capital = current assets - current liabilities

working capital (Previous Year) = $2,470,000 - $650,000

= $1,820,000

working capital (Previous Year) = $3,300,000 - $750,000

= $2,550,000

Current ratio = current assets ÷ current liabilities

working capital (Previous Year) = $2,470,000 ÷ $650,000

= 3.80 times

working capital (Previous Year) = $3,300,000 ÷ $750,000

= 4.40 times

Quick ratio = (current assets - inventory) ÷ current liabilities

working capital (Previous Year) = ($2,470,000 - 674,100) ÷ $650,000

= 2.70 times

working capital (Previous Year) = ($3,300,000 - 1,039,500) ÷ $750,000

= 3.00 times

4 0

3 years ago

What are the four most important ways a firm becomes a monopoly? The four main reasons a firm becomes a monopoly are:

gladu [14]

Answer: A. the government blocks entry, control of a key resource, network externalities, and economies of scale.

Explanation:

3 0

3 years ago

In previous years, Cox Transport reacquired 2 million treasury shares at $22 per share and, later, 1 million treasury shares at

Hoochie [10]

Answer:

24 million shares ; $16 million

Explanation:

The computation of the weightage number of treasury shares are shown below:

Number of shares Price Total

2 $22 $44 million

1 $28 $28 million

Total 3 $72 million

So, the weighted average number of shares would be

= $72 ÷ 3 = 24 million shares

Now the journal entry would be

Cash A/c Dr $64 million (2 million treasury shares × $32)

To Paid in capital - share repurchase A/c $16 million

To Treasury stock $48 million (24 million treasury shares × $2)

(Being the treasury shares are sold)

4 0

3 years ago

If country ABC can produce a unit of good 1 by sacrificing fewer units of good 2 than can country XYZ, it is correct to say that

Zinaida [17]

Answer:

has a comparative advantage in producing good 1

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries. Country abc has a comparative advantage because it sacrifices fewer quantities of good 2.

Country abc should specialise in production of good 1, while country xyz should import from country abc.

A country has an absolute advantage in the production of a good or service If it produces more quantity of the good compared with other countries.

I hope my answer helps you

4 0

3 years ago