Answer:
It will have to save 51,224.05 to reach their financial goal of 825,000 in thre years at the given market rate
Explanation:
We have to solve for the annuity-due future value installment
FV $825,000.0000
time 12 (4 quartes x 3 years )
rate 0.0445
C $ 51,224.043
Answer:
4400
Increase
c. An index of 10,000 corresponds to a monopoly firm with 100% market share
Explanation:
Here are the options to the last question
Why is the largest possible value of the Herfindahl index 10,000 ?
a. An index of 10,000 corresponds to 100 firms with a 1% market share each
b. An industry with an index higher than 10,000 is automatically regulated by the Justice Department
c. An index of 10,000 corresponds to a monopoly firm with 100% market share
HHI index = 60² + 20² + 20² = 4400
If one of the firms leaves the industry, the market share would be distributed between the two firms and this would cause the HHI index to increase as firm's concentration would increase
If only one firm operates in the industry, its market share would be 100% and its HHI index would be 100² = 10,000. For an industry to exist there has to be at least one firm operating in the industry,
They used <span> Independent record labels to their advantage.</span>
Answer: Yes
Explanation:
The construction company is entitled to compensation because it has a property right to enter and remove minerals.
The investor gave the construction company the right to use the properties on the land, if anything would be done on the land, the construction company should be compensated because they bought the right to do business there. Since the owner granted them the sole right, they are entitled to the resources.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Units produced= 600
Direct materials $30 per unit
Direct labor $13 per unit
Variable manufacturing overhead $6 per unit
Fixed manufacturing overhead $17,800 per year
Ending inventory= 600 - 400= 200 units
Under absorption costing, the fixed overhead costs get allocated to the product cost. First, we need to calculate the unitary fixed overhead cost:
Unitary fixed overhead= 17,800/600= $29.67
Now, we can determine the total unitary cost:
Unitary cost= direct material + direct labor + total overhead
Unitary cost= 30 + 13 + (6 + 29.67)= $78.67
Ending inventory= 200*78.67= $15,736
