An example of a natural monopoly industry operating in South Africa include "Eskom".
<h3>
What is natural monopoly?</h3>
A natural monopoly occurs when there is an instance in which it is economically viable and better for a single entity to be in full and sole control of the production of a product or service.
Moreover, a natural monopoly is the fact that natural monopolies have extreme economies of scale. It can only start to become profitable when one single firm is able to service the majority of the market.
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Answer:
The dollar value that the stock must reach before investors would consider converting to common stock is $33.
Explanation:
stock price for conversion = $1000/30.303
= $33
Therefore, The dollar value that the stock must reach before investors would consider converting to common stock is $33.
Answer:
Concurrent validation
Explantion:
Concurrent validation is employed to establish documented proof that a facility and process will function as they are intended, on the basis of information gotten during actual use of the process.
Concurrent validity is a type of proof that can be assembled to justify the use of a test for predicting other outcomes.
Answer:
Annual depreciation= $51,400
Explanation:
Giving the following information:
Purchase price= $314,000
Salvage value= $57,000
Useful life= 5 years
<u>To calculate the depreciation expense under the straight-line method, we need to use the following formula:</u>
<u />
Annual depreciation= (original cost - salvage value)/estimated life (years)
Annual depreciation= (314,000 - 57,000) / 5
Annual depreciation= $51,400
<u />
<u>The depreciation expense is the same every year.</u>
Answer:
The correct answer is: Sustainable entrepreneurship.
Explanation:
Sustainable entrepreneurship represents the identification, creation, and exploitation of ventures that generate sustainability by implementing activities towards the improvement of the investment surrounding environment during the long term. This implies providing society with long-lasting goods and corporate values all this taking care of the resources necessary to do so for upcoming generations.
