Answer:
3400, Rise, C
Explanation:
1. Since there are just 3 firms and two already has a sum total of 70% (40+30), the third firm will have a market share of 30%
HHI= 
HHI= 1600+900+900
HHI= 3400
2. Abe's Bikes with 30% leaves the market, if the two firms were to share Abe's market share equally (15+15), it will leave Firm A with 55% (40+15) and Firm B with (30+15) 45%
Therefore,
HHI= 
HHI=3025+2025
HHI= 5050
A rise in HHI
3. C
An index of 10,000 corresponds to a monopoly firm with 100% market share.
Answer:
May 1
Cash $4,350 (debit)
Common Stock $4,350(credit)
May 3
Equipment $1,055 (debit)
Accounts Payable $1,055 (credit)
May 13
Rent Expense $394 (debit)
Cash $394 (credit)
May 21
Accounts Receivable : Noble Corp $530 (debit)
Service Revenue $530 (credit)
Explanation:
Note that, When stockholders invest cash in exchange of common stock, we recognize the increase in assets of cash and also the increase in equity item common stocks.
<span>A debenture is a type of debt instrument that is not secured by physical assets or collateral. Debentures are backed only by the general creditworthiness and reputation of the issuer. Both corporations and governments frequently issue this type of bond to secure capital. Like other types of bonds, debentures are documented in an indenture.
Debentures have no collateral. Bond buyers generally purchase debentures based on the belief that the bond issuer is unlikely to default on the repayment. An example of a government debenture would be any government-issued Treasury bond (T-bond) or Treasury bill (T-bill). T-bonds and T-bills are generally considered risk free because governments, at worst, can print off more money or raise taxes to pay these types of debts.
Debentures are the most common form of long-term loans that can be taken out by a corporation. These loans are normally repayable on a fixed date and pay a fixed rate of interest. A company normally makes these interest payments prior to paying out dividends to its shareholders, similar to most debt instruments. In relation to other types of loans and debt instruments, debentures are advantageous in that they carry a lower interest rate and have a repayment date that is far in the future.</span>
Answer:
a
Depreciation Expense $2,112 (debit)
Accumulated Depreciation $2,112 (credit)
b.
Cash $13,860 (debit)
Accumulated Depreciation $13,200 (debit)
Machinery at Cost $26,400 (credit)
Profit and loss $660 (credit)
Explanation:
a.
2021 Depreciation Expense calculation
Depreciation Expense = $3,168 × 8 /12
= $2,112
Therefore total accumulated depreciation will be :
Accumulated depreciation = $11,088 + $2,112
= $13,200
b.
The following happen when the asset is sold :
- Derecognize the cost of asset
- Derecognize the accumulated depreciation of the asset
- Recognize the proceeds from sale
- Recognize the profit or loss on the sale of the asset.
Answer:
demand
Explanation:
Economists use the term demand to refer to the amount of some good or service consumers are willing and able to purchase at each price. In economics, demand is the quantity of a good that consumers are willing and able to purchase at various prices during a given period of time. The relationship between price and quantity demanded is also called the demand curve.
