This is known as a Cartel
''A formal agreement between many companies to limit production and artificially increase the demand and price of their products to make more profits''
Cartels are illegal in almost every country, but that has not stopped many large companies from taking part in such activities.
They exist because it is extremely difficult to legally prove that a group of companies is acting as a Cartel.
Cartels can have a devastating long-term impact on the local and national economy.
The internal growth rate of a firm is best described as the: Minimum growth rate achievable assuming a 100 percent retention ratio.
<h3>What is
internal growth rate of a firm?</h3>
An internal growth rate can be described as the highest level of growth that can be gotten by a business without obtaining outside financing.
it should be noted that the firm's maximum internal growth rate is the level of business operations can persistently fund , hence The internal growth rate of a firm is best described as the: Minimum growth rate achievable assuming a 100 percent retention ratio.
Learn more about growth rate at:
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Answer: C. purchase of EFGH separately; and the sale of ABCD separately
Explanation:
Answer:
a. Retailer
Explanation:
Retailer is "a business or person that sells goods to the consumer, as opposed to a wholesaler or supplier, who normally sell their goods to another business
"
Reference: WebFinance. “Read the Full Definition.” BusinessDictionary.com, 2019
Answer:
Luciana’s basis in the condominium is $120000.
Explanation:
The transfer or sale of property by the employer to the employee at less than the fair market value then it is considered as the compensation income or dividend income. However, it should be included in the income. The difference in cost and fair market value ($120000 - $85000 = $35000) is considered as the gross income which is taxable for the year.
