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Lynna [10]
3 years ago
11

N industry consists of three firms with sales of $360,000, $650,000, and $265,000.

Business
1 answer:
Yanka [14]3 years ago
5 0

These three together form total market, so here we have to add up everything to know volume of the market

A+B+C = 1,275,000 is the total market

Then we have to calculate individual market share

which would eb 1) 28.2%, 2) 50.9%, 3) 20.8%

This can be calcualated by simple percetage calculation. ( 1275000-360000/1275000*100)-100 will give what share each has.

Then we apply HHI formula

HHI = s1^2 + s2^2 + s3^2 + ... + sn^2

HHi is nothing but squaring of each of the percentages and adding them up

(28.2)2 +(50.9)2 +(20.8)2

812+2590+432 = 3834

HHI of 3834 shows it is highly competitve market.

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Required financial statements of funds may include the following, among others: I. Statement of net assets II. Statement of reve
Alina [70]

Answer:

option D ( ii, iii and iv )

Explanation:

Required financial statements that should be issued by governmental funds and by proprietary  funds include the following among others:

  • statement of revenues, expenditures and changes in fund balances,
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These among others are expected to reflect/ be included in Financial statement issued by Governmental funds and proprietary funds.

8 0
3 years ago
Trace the evolution of legal status of American unions. What activities were restricted by laws and courts? Did constraints incr
dedylja [7]

Answer:

Trace the evolution of legal status of American unions.

Labor union increase in the late 1800's was mainly because of the poor working conditions, unfair wages, inequality and lack of benefits.

What activities were restricted by laws and courts?

Using the members dues for political purposes.

Did constraints increase or decline with time?

They have decline.

Explanation:

- The first union to get legal right was the National Labor Relations Act of 1935, or the Wagner Act, which at the time was considered the "Labor Bill of Rights", guaranteed the basic rights of employees to organize into unions, collectively bargain for better working conditions, and take collective action.

- There has been a general union constraints decline, as healthcare, restaurant, and hospitality jobs are among the fastest growing and, historically, these industries that have not had high unionization rates, this has been one of the biggest change composition of jobs in the US.

- States and public-sector unions may no longer extract agency fees from nonconsenting employees,” Justice Samuel A. Alito Jr. wrote for the majority. “. . . This procedure violates the First Amendment and cannot continue.”

8 0
3 years ago
Rolfes Company purchased merchandise on account from a supplier for $7,500, terms 1/10, n/30. Rolfes Company returned $1,200 of
Blababa [14]

Answer:

$6,237

Explanation:

The computation of the cash required for the payment is shown below:

= Merchandise amount - return and allowances - discount

= $7,500 - $1,200 - $63

= $6,237

The discount = (Merchandise amount - return and allowances) × discount rate

= ($7,500 - $1,200) × 1%

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Simply we consider the items i.e merchandise purchase amount, returned merchandise amount and the discount given amount

6 0
3 years ago
Traditionally, the federal reserve can give emergency loans only to select one:
jeyben [28]
The federal reserve is the central bank of the United States of America. It is considered as an independent bank because it does not need permission from the President to make transactions. Moreover, it does not benefit from the Congress' budget. The federal reserve only gives emergency loans to commercial banks during times of crisis to prevent bankruptcy. 
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3 years ago
For the quarter ended March 31, 2020, Croix Company accumulates the following sales data for its newest guitar, The Edge: $321,6
jeyben [28]

Answer:

$13,800

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8 0
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