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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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Theory x in business

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Motivation. Theory X assumes that people dislike work; they want to avoid it and do not want to take responsibility.Theory Y assumes that people are self-motivated, and thrive on responsibility.

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3 years ago

Managers who practice total quality management_______(A) invest more resources at the front end of the value chain in research a

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Answer:

The answer is A) invest more resources at the front end of the value chain in research and development and design to produce a superior product.

Explanation:

Total quality management is a management approach to long-term success through customer satisfaction. In a TQM effort, all members of an organization participate in improving processes, products, services, and the culture in which they work.

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3 years ago

A company that has been subject to Securities Exchange Act of 1934 reporting requirements for five years and has an aggregate wo

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accelerated filer, A company reporting requirements for five years and has an aggregate worldwide market cap of $300 million is an accelerated filer.

More about accelerated filer?

A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:

As of the final business day of the company's most recent completed second fiscal quarter, the total worldwide market value of the voting and non-voting common equity held by its non-affiliates (or public float) was $75 million or more but less than $700 million.
For at least 12 months, the company has been required to report in accordance with Sections 13(a) or 15(d) of the Exchange Act.
The business has previously submitted at least one annual report in accordance with Exchange Act Sections 13(a) or 15(d).
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Learn more about accelerated filer here: brainly.com/question/14855960

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7 0

1 year ago

Your neighborhood self-service laundry is for sale and you consider investing in this business. For the business alone and no ot

Oduvanchick [21]

Answer:

The complete present value calcuation is below.

The net present value of this project is: $77,930.58 (assuming a value for the sale of the business equal to the purchase price).

Explanation:

For this problem, the first and basic question is:

Prepare a net present value calculation for this project. What is the net present value of this project?

<h2>Solution</h2>

The net present value is equal to: the present value of the future cash flows less present value of the investements.

1. Present value of the future cash flows:

The discount factor is equal to 1 / [1 + (1 + r)ⁿ]

Where:

r = 5% = 0.05
n = the number of year

Year Cash flow Discount factor Present value

1 $30,000 1/(1 + 0.05) $30,000/1.05 = $28,571.43

2 $30,000 1/(1 + 0.05)² $30,000/(1.05)² = $27,210.88

3 $30,000 1/(1 + 0.05)³ $30,000/(1.05)³ = $25,915.13

4 $30,000 1/(1 + 0.05)⁴ $30,000/(1.05)⁴ = $24,681.07

5 $30,000 1/(1 + 0.05)⁵ $30,000/(1.05)⁵ = $23,505.78

5 $240,000* 1/(1 + 0.05)⁵ $240,000/(1.05)⁵ = $188,046.28

*For the year 5 you must also consider the value of the business, which is unknow. You should have some information about it. Although unrealistic, at this stage we can just assume a value: let's say it is the same purchase price: $240,000. That is what the last line shows:

The discount the value of the value of the business is:

$240,000 / (1.05)⁵ = $188,046.28

The total present value of the future cash flows is the sum of the present values of all the cash flows:

$28,571.43 + $27,210.88 + $25,915.13 + $24,681.07 + $23,505.78 + $188,046.28 = $317,930.58

2. Calculate the net present value:

Net present value =

= Total present value of future cash flows - investment

Net present value = $317,930.58 - $240,000 = $77,930.58

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3 years ago

A company purchased a weaving machine for $206,520. The machine has a usedul life of 8 years and a residual value of $11,000. It

Alex777 [14]

Answer:

The amount of depreciation expense that should be recorded for the second year is $28,600

Explanation:

The computation of the depreciation per units or bolts under the units-of-production method is shown below:

= (Original cost - residual value) ÷ (estimated production bolts)

= ($206,520 - $11,000) ÷ (752,000 bolts)

= ($195,520) ÷ (752,000 bolts)

= $0.26 per bolt

Now for the second year, it would be

= Production units in second year × depreciation per bolts

= 110,000 units × 0.26

= $28,600

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3 years ago