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3 years ago

In many large U.S. cities, taxicab companies operate as near monopolies because of_____.

Business

1 answer:

Naya [18.7K]3 years ago

4 0

Answer: Option (b) is correct.

Explanation:

Correct Option: Licenses

In United States, there is a licensing system which prohibits the number of taxicabs allowed. So, there are less number of taxicabs companies operates in most of the united states cities.

There is a advantage for the taxicabs companies for using the monopoly power.

Whereas, some of the cities of U.S use 'taxi medallions" as the permits for picking up the passengers.

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Berry Corporation has 50,000 shares of $10 par common stock authorized. The following transactions took place during 2012, the f

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Answer:

$285,000

Explanation:

Please see attachment

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2 years ago

The typical goal used when developing a process-oriented layout strategy is to: minimize the distance between adjacent departmen

Georgia [21]

Answer:

minimize the material handling costs.

Explanation:

A process-oriented layout is a strategic method or technique used by manufacturing companies to organize and develop their work areas (factories) based on the processes and activities being performed at each factory rather than on the product being manufactured.

Hence, the typical goal used when developing a process-oriented layout strategy is to minimize the material handling costs for each factory.

Process costing can be defined as a cost accounting method used for assigning manufacturing or production costs to the units of goods produced by a business firm over a specific period of time. It is mostly used by firms that produce a large quantity of homogeneous or similar products on a continuous basis. Process costing typically uses more than one Work in Process Inventory account because costing at each stage of production or manufacturing process.

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2 years ago

"A customer owns 200 shares of ABC, purchased 2 years ago at $50 per share. The current market value of ABC stock is $60 per sha

kirza4 [7]

Answer: The donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.

Explanation:

From the question, we are informed that a customer owns 200 shares of ABC, that were bought 2 years ago at $50 per share and that the current market value of ABC stock is $60 per share.

If the customer gifts the stock to his son, the result is the donor may incur a gift tax liability. Also, the cost basis will be $50 per share to the recipient of the gift.

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3 years ago

Accounts receivable turnover and days’ sales in receivables For two recent years, Robinhood Company reported the following: 20Y9

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Answer:

Accounts receivable for 2019 = $590,000

Accounts receivable for 2018 = $570,000

Explanation:

The computation of accounts receivable for both years is shown below:-

2019 2018

Sales $7,906,000 $6,726,000

Accounts receivable

Beginning balance $600,000 $540,000

Ending balance $580,000 $600,000

Accounts receivable $590,000 $570,000

Working note:-

Average Accounts receivable for 2019 = ($600,000 + $580,000) ÷ 2

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Average Accounts receivable for 2018 = ($540,000 + $600,000) ÷ 2

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3 years ago

In addition to the consumer product safety commission, the two federal agencies that play the most active role in protecting the

Ad libitum [116K]

In addition to the consumer product safety commission, the two federal agencies that play the most active role in protecting the public from unsafe products are the Treasury Department, the Commerce Department, and the Office of the U.S. Trade Representative.

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Enforcing standards and issuing recalls or repair orders when necessary. Conducting independent research on potential hazards. Responding to consumer inquiries and complaints regarding specific products.

Learn more about federal agencies there:- brainly.com/question/9354369

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1 year ago