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3 years ago

When the price level decreases, firms in imperfectly competitive markets will:?

Business

1 answer:

amm18123 years ago

6 0

YES FOR SURE BECAUSE EVEN WITHOUT A DEACREASE OF PRICE THERE A LOT OF COMPETITION

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Suppose the risk-free rate of return is 3.5 percent and the market risk premium is

gladu [14]

Answer:

kaya nyo po iyan

Explanation:

nice habbsjsxgjshsbvda

4 0

3 years ago

Concord Co. had sales revenue of $555,600 in 2020. Other items recorded during the year were: Cost of goods sold $320,200 Salari

NARA [144]

Answer:

Concord Co.

Income Statement

For the Year Ended December 31, 2020

Revenues:

Sales revenue $555,600

Expenses:

Cost of goods sold ($320,200)

Salaries and wages expense ($120,100)

Other operating expenses ($11,210)

Income tax expense ($25,590)

Net income: $78,500

Earnings per share: $0.74

Increase in value of company reputation and unrealized gain on value of patents are not included in this income statement.

8 0

3 years ago

Tronnes Corporation's net income last year was $1,750,000. The dividend on common stock was $2.60 per share and the dividend on

Montano1993 [528]

Answer:

The price-earnings ratio is closest to:

B. 11.54

Explanation:

To find the Price-Earning Ratio first, it's necessary to deduct from the Net Income the part corresponding to Preferred Stock,

which is , $1,750,000 - (100,000*2,5= $250,000) = $1,500,000

Then we calculte the Earning/Share Ratio : $1,500,000/300,000 = 5

Finally with the Market Price of shares, we can calculate the Price Earnings Ratio ; $57,70 / $5 = 11,54

Shares of Common stock outstanding 300.000 780.000

Shares of Preferred stock outstanding 100.000 250.000

NET INCOME Available 1.500.000

The market price 57,70

Price–Earnings Ratio 11,54

Earnings/Share Ratio 5,00

NET INCOME $ 1.750.000

4 0

3 years ago

Sheffield borrowed $701000 on October 1, 2017 and is required to pay $721000 on March 1, 2018. What amount is the note payable r

Georgia [21]

Answer:

On October 01, 2017

The amount actually borrowed that is $ 701,000 will be recorded as liability/note payable on october 01, 2017. The following accounting entry will be passed

Debit Cash Asset $ 701,000

Credit Note payable $ 701,000

Interest recognized from October 1 to December 31, 2017

The premium amount paid on redemption will be recorded as interest over the period of time. The interest amount is

Interest = 721,000 -701,000 = $ 20,000

So this above calculated expense will be recognized as an expense over loan period.

5 0

3 years ago

What criteria must your employer-provided PPE meet?

galben [10]

The employee PPE meet must contain the adequate equipment that the equipment is adequate to protect the work place and the workers from the hazardous accidents

Explanation:

There are many PPE standards and all must ensure that the PPE meet their standards and they provide face protection and the eye protection and the other additional protection

The need to check the standard is completely voluntary and they must make clear that they are under the safety conditions and there are some items that the must pay for is for their boots and shoes the safety glasses and the safety googles

8 0

3 years ago