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Mars2501 [29]
3 years ago
11

A profit-maximizing firm in a monopolistically competitive market differs from a firm in a perfectly competitive market because

the firm in the monopolistically competitive market a. chooses its profit-maximizing quantity where marginal revenue equals marginal cost. b. sells its product in a highly-concentrated market. c. faces a downward-sloping demand curve for its product. d. can earn profits in the long run.
Business
1 answer:
irinina [24]3 years ago
7 0

Answer:

c. faces a downward-sloping demand curve for its product

Explanation:

Perfect Competition is a market form, having large no. of sellers, selling homogeneous products at constant prices. So, constant prices imply that their demand curve is horizontal, perfectly elastic.

Monopolistic Competition is a market form, having many sellers, selling slightly differentiated products which are incomplete substitutes of each other. The prices also vary from firm to firm, depending on product quality. So, these firms have usual downward sloping curve, denoting price-demand inverse relationship.

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27. The organizational unit that represents the independent legal accounting entity in SAP is the ________.
Nesterboy [21]

The organizational unit that represents the independent legal accounting entity in SAP is the Company Code.

<h3>What is SAP?</h3>

A well-known enterprise resource planning (ERP) program is SAP, or Systems Applications and Products. SAP establishes a centralized system for organizations that enables each department to access and exchange common data in order to improve the working conditions for all employees.

A company code in SAP is the smallest organizational unit of external accounting for which you can establish a totally self-contained set of accounts for transaction posting.

If there are external reporting requirements, such as segment reporting for that unit in the local currency of that country, you can also use a business code to indicate a legally dependent operating unit abroad (commercial place of work).

Therefore, The Company Code is the SAP organizational unit that reflects the independent legal accounting entity.

To know more about SAP refer to:  brainly.com/question/12228915

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5 0
1 year ago
Brand __________ is the set of assets and liabilities linked to a brand that add to or subtract from the value provided by the p
timama [110]

Answer:

Equity.

Explanation:

Brand equity is the added value that creates a positive impact about the brand name in the minds of a customer. The given definition of brand equity was proposed by Davis Aaker. We can understand brand equity as the image or reputation that any brand holds in the minds of a customer.

4 0
3 years ago
The following cash transactions occurred during the period. INTEREST RECEIVED IN CASH $18,000
nikklg [1K]

Answer:

OPERATING ACTIVITIES

SOURCES: INTEREST RECEIVED IN CASH $18,000, the company receives money

(USES:) PAYMENT OF WAGES TO EMPLOYEES $35,000, the company pays wages

INVESTING ACTIVITIES

SOURCES: NONE

(USES:) PURCHASE OF A PIECE OF EQUIPMENT FOR CASH $120,000  , the company pays for the equipment

FINANCING ACTIVITIES

SOURCES: NONE

(USES:) DISTRIBUTION OF CASH DIVIDEND DECLARED LAST YEAR $25,000, the company pays dividends

5 0
3 years ago
Avicorp has a $15.5 million debt issue outstanding, with a 6.3% coupon rate. The debt has semi-annual coupons, the next coupon i
Studentka2010 [4]

Answer:

a) Pre-tax cost of debt is 8.45%

b) After tax cost of debt is 5.07%

Explanation:

a) Given:

Debt issue outstanding = $15.5 million

Semi-annual coupon rate = 0.063 / 2 = 0.0315

Assumed par value (FV) = $1,000

Coupon payment (pmt) = 0.0315 × 1000 = $31.5

Current bond price (PV) = 92% of $1,000 = $920

Time period (nper) = 5 × 2 = 10 periods

Calculate semi-annual rate using  spreadsheet function =Rate(nper,pmt,PV,FV)

Semi-annual rate = 4.14%

Pmt and FV are negative as they are cash outflows.

YTM = 4.14 × 2 = 8.28%

Effective annual rate = (1+\frac{Rate}{compounding\ periods}) ^{2} -1

                                   = (1+\frac{0.0828}{2}) ^{2} -1

                                   = 0.0845 or 8.45%

b) Tax rate is 40%

After tax cost of debt = Pre tax cost of debt × (1 - 0.4)

                                    = 0.0845 × 0.6

                                    = 0.0507 or 5.07%

4 0
3 years ago
If a limited partnership must liquidate, the distribution of assets is first made to the?
Mumz [18]

Answer:

Explanation:

i think the answer is  third party creditors

3 0
1 year ago
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