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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

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Answer:

listening

Explanation:

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Forecast the 2019 Cost of goods sold on the previous year’s number and the assumptions
AleksAgata [21]

The cost of goods sold based on the sales revenue in 2019 is $32,400

What is the cost of goods sold?

The cost of goods sold is the cost of the goods sold in a particular year, it is determine as the sales revenue minus the gross margin in dollar terms.

We need to first of all determine the sales revenue in 2019 based on 2018 sales revenue and the 2019 growth rate of 8%

2019 sales revenue=50,000*(1+8%)

2019 sales revenue=$54,000

Now the gross margin is 40% of sales revenue

cost of goods sold=sales revenue-gross margin

cost of goods sold=$54,000-(40%*$54,000)

cost of goods sold=$32,400

Find out more about cost of goods sold:brainly.com/question/27917613

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3 0
2 years ago
Due to increased corporate responsibilities, the manager of a sporting goods store has asked the assistant manager to take respo
Dahasolnce [82]

Answer:

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Since in the question it is mentioned that manager permit the assitant to make the decision but also scheduled the weekly meeting

So here the manager represent the leadership attribute

6 0
3 years ago
A fully inclusive document detailing an​ organization's mission,​ organization, objectives, and operations is called​ a(n) _____
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The one responsible of providing a fully inclusive document that details the mission of the organization, its objectives and their operations is called business. Business are likely to be run by a group of people in which they have a common interest or purpose in order to achieve their goal.

4 0
3 years ago
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Health Occupations Students of America.


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