These three together form total market, so here we have to add up everything to know volume of the market
A+B+C = 1,275,000 is the total market
Then we have to calculate individual market share
which would eb 1) 28.2%, 2) 50.9%, 3) 20.8%
This can be calcualated by simple percetage calculation. ( 1275000-360000/1275000*100)-100 will give what share each has.
Then we apply HHI formula
HHI = s1^2 + s2^2 + s3^2 + ... + sn^2
HHi is nothing but squaring of each of the percentages and adding them up
(28.2)2 +(50.9)2 +(20.8)2
812+2590+432 = 3834
HHI of 3834 shows it is highly competitve market.
<u>Answer:</u> The amounts have to be determined using fair value for plant and equipment and for long term debt.
<u>Explanation:</u>
Fair value method is based on the market price of the asset. The historical value of the assets is not used to consider the sale price of the asset. Fair value is where Company J and Company K both the parties have to accept the price based on the known facts of the assets.
Company J and Company K should both accept the price out of free will and should not be out of compulsion. Company J can report based on the financial statement fair value of the assets and long term debt.
Answer:
d.$24,000
Explanation:
Given that
Issuance of common stock = $32,000
Number of shares = 2,000 shares
Stated value per share = $12 per share
By considering the above information
The common stock would be credited for
= Number of shares × Stated value per share
= 2,000 shares × $12 per share
= $24,000
Hence, the correct option is d. $24,000
