1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Stolb23 [73]
3 years ago
14

An industry is composed of 10 firms, all with equal sales (e.g. firm 1 sales are 10% of the market, firm 2 sales are 10% of the

market). The four-firm concentration ratio in this industry is _______ (expressed as a decimal).
Business
1 answer:
Gelneren [198K]3 years ago
5 0

Answer:

0.40

Explanation:

The four firm concentration ratio = 10%+ 10% + 10% + 10% = 40% =0.40

I hope my answer helps you

You might be interested in
Karen received 105 total utils from the first 4 sodas she drank. If the marginal utilities of the first, second, and fourth soda
inysia [295]

Answer:

b. 26

Explanation:

Marginal utility refers to the utility gained by the consumption of an additional unit of a commodity. It is the satisfaction enjoyed by a consumer for the additional use of a unit of a good or service.

Given that the total marginal utilities is 105 and the  marginal utilities of the first, second, and fourth sodas are 35, 28, and 16 respectively,  the marginal utility of the third soda

= 105 - (35 + 28 + 16)

= 26

8 0
4 years ago
If someone gets a 1000 dollar loan how much will their monthly payment be
SCORPION-xisa [38]

Answer:

the monthly payment column represents the principal and interest payment for each $1,000 you borrow. For example, if you borrow $100,000 for 30 years at 4.25%, your monthly payment per $1,000 borrowed would be $4.92. Multiply that factor (4.92) by 100 (100,000/1,000) to estimate your monthly payment of $492.00.

8 0
2 years ago
Describe why cash flow management is important to a business and its financial health. Use a recent financial news story as an e
densk [106]

The cash flow statement plays a vital role for each type of company as it shows the cash positions with respect to the liquidity because the cash should be the most liquid asset and the same would be presented in the organization's hands.

Moreover, they always try to have a sufficient cash amount so that the risk attached to the unfavorable economic situation could be eliminated. So the business wants to store a high value of cash amount and have sufficient liquidity and the same would be presented in the cash flow statement.

Learn more about cash flow here:brainly.com/question/24179665

#SPJ4

6 0
2 years ago
In a periodic inventory system, cost of goods sold is not recorded as each sale occurs. Group startsTrue or False
ZanzabumX [31]

In a periodic inventory system, the cost of goods sold is not recorded as each sale that occurs is a true statement.

<h3>Periodic Inventory System</h3>
  • A physical count of the inventory is conducted at predetermined intervals as part of the periodic inventory system, a technique of inventory valuation for financial reporting reasons.
  • In order to calculate the cost of goods sold, this accounting method starts with an inventory at the beginning of the period, adds fresh inventory purchases throughout the period, and subtracts ending inventory.
  • A corporation using the periodic inventory system won't be aware of its unit inventory levels or COGS until the physical count process is finished.
  • For a company with a small number of SKUs operating in a sluggish market, this method might be suitable, but for all other companies, the perpetual inventory system is preferred.  

Hence, the given statement is true.

To learn more about Periodic Inventory System refer to:

brainly.com/question/17326443

#SPJ4


6 0
2 years ago
Critical analysis Q16 Suppose that the Federal Reserve purchases a bond for $100,000 from Reggie Rich, who deposits the proceeds
kkurt [141]

Answer:

Explanation:

• Initially, As a result of the bond purchase, money supply will increase by $100000.

The reason for the increase in money supply by $100000 is because the federal reserve bought bond of $100000 from Riggie Rich. This is an expansionary policy which will lead to more money in supply.

• As a result of Rich's deposits, the bank will able to give $90000 more in additional loans.

The increase in the additional loans will be calculated by removing the reserve required ratio from the deposit.

= $100000 - (10% × $100000)

= $100000 - $10000

= $90000

• As a result of the purchase by the Federal reserve, the maximum increase in quantity of checkable deposits which could result throughtout the entire banking system will be $1000000.

The increase in checkable deposits will be the change in reserve multiplied by 1/RRR. This will be:

= $100000 x 1/10%

= $100000 × 1/0.1

= $100000 x 10

= $1000000

3 0
3 years ago
Other questions:
  • The operating cost for a pulverized coal cyclone furnace is expected to be $80,000 per year. The steam produced will be needed f
    7·1 answer
  • Xavier Co. wants to purchase a machine for $37,000 with a four year life and a $1,000 salvage value. Xavier requires an 8% retur
    12·2 answers
  • _____ is a collective term used to refer to various forms of pay linked to an employee's performance as an individual, group mem
    10·1 answer
  • Jeff is in the process of buying a new car. He carefully analyzes the features that he wants in a car, and perceives significant
    13·1 answer
  • As a long-term investment at the beginning of the 2021 fiscal year, Florists International purchased 30% of Nursery Supplies Inc
    14·1 answer
  • Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the nec
    8·1 answer
  • The railroad emits sparks from its engines which sometimes ignite fires on the farm. There is a 1/10 chance of a fire, and when
    12·2 answers
  • Purple Corporation acquired 75 percent of Socks Corporation’s common stock on January 1, 20X8, for $435,000. At that date, Socks
    9·1 answer
  • A physical count of Ayayai Company’s inventory at year-end determined that inventory on hand had a value of $1,628,000. Upon fur
    8·1 answer
  • When computing the present value, the interest rate will vary depending on the amount of risk. riskier investments, such as fdic
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!