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4 years ago

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

Business

1 answer:

Naya [18.7K]4 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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Acceleron is planning future expansion with a new facility in Indianapolis. The company will make the move when its real estate

alukav5142 [94]

Answer:

6.67 years

Explanation:

The number of years for the firm to reach the desired value of $1.2 million can determined using the nper formula in excel as below:

=nper(rate,pmt,pv,-fv)

rate is the interest rate earns by the fund at 10% per year

pmt is the addition to the fund in each year which is $50,000

pv is the current amount in the fund which is $400,000

fv is the desired value of $1.2 million

=nper(10%,50000,400000,-1200000)= 6.67 years

It would take 6.67 years for the sinking fund to reach the desired value of $1,200,000

7 0

3 years ago

To determine the net cash provided (used) by operating activities, it is necessary to analyze Group of answer choices the curren

Svet_ta [14]

Answer:

All of these.

Explanation:

All of these are the correct answer because to determine the net cash from the operating activities, there is a requirement of the current year's income statement, additional information such as depreciation and amortization and a comparative balance sheet. In order to get cash from operating activities, the changes and non-cash capital, other non-cash adjustments, depreciation is added to the net income.

8 0

3 years ago

Product V72 sells for $20 per unit as is, but if enhanced it can be sold for $25 per unit. The enhancement process will cost $52

Furkat [3]

Answer:

It will incur an Opportunity cost of $8,000.

Explanation:

It will incur the opportunity cost of $8000 because the additional unit produces by the company then the additional revenue that is generated will be equal to the amount (25 - 20) x 12,000 = 60,000. Since the additional cost, that incurs for the production of 12000 units is 52000. Therefore the profit earned is $8000.

So if the company does not produce it then it will lose the profit of $8000.

3 0

3 years ago

Net working capital is defined as current assets divided by current liabilities.

Ahat [919]

Answer:

The answer is False.

Explanation:

False, because the net working capital is determined by subtracting all the current liabilities from the current assets. But in the question, it says net working capital is determined by dividing the current assets with current liabilities which is wrong. Therefore, if the current assent is 10000 dollars and current liabilities are 5000 dollars then net working capital is 10000 – 5000 = $5000.

7 0

4 years ago

Production Budget

Yakvenalex [24]

Answer:

Stillwater Designs

<u>Production Budget for S12L7 </u>

For the Year Ended December 31, 20X1

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.

Sales 1,120 3,080 7,840 6,440

Desired ending inventory 616 1,568 1,228 252

Total needs 1,736 4,648 9,068 6,692

Less: Beginning inventory (340) (616) (1,568) (1,228)

Units produced 1,396 4,032 7,500 5,464

Stillwater Designs

<u>Production Budget for S12L5 </u>

For the Year Ended December 31, 20X1

1,680

1st Qtr. 2nd Qtr. 3rd Qtr. 4th Qtr.

Sales 1,820 1,960 7,420 5,460

Desired ending inventory 588 2,220 1,638 504

Total needs 2,408 4,180 9,058 5,964

Less: Beginning inventory (170) (588) (2,220) (1,638)

Units produced 2,238 3,592 6,838 4,326

Explanation:

Production Budget shows the quantities of finished goods that must be produced to meet expected sells plus any increase of inventory levels that might be required.

8 0

4 years ago