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Rama09 [41]
3 years ago
15

Firms that exhibit priceminustaking behavior A. are independently capable of setting price. B. wait for other firms to set​ pric

e, take it as​ given, and charge a higher price. C. take pricing behavior in their own hands. D. have outputs that are too small to influence market price and thus take it as given.
Business
1 answer:
olga55 [171]3 years ago
3 0

Answer:

D. have outputs that are too small to influence market price and thus take it as given.

Explanation:

In perfect competition there are large number of firms and individual contribution is less in industry output , it means that firms have output which are too small to influence the market price ans thus it is as given .

Hence ,

The firms which exhibit price - taking behavior have the output which is too small to be influenced by the market price , and therefore remains as it is .

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The Card Shoppe needs to maintain 18 percent of its sales in net working capital. Currently, the store is considering a four-yea
mylen [45]

Answer:

$56,520

Explanation:

As per given data

Year     Sales          Working Capital 18%

   0      $279,000   ($50,220)

   1       $308,000   ($5,220)

   2      $314,000    ($1,080)

   3      $314,000    $0

   4      $314,000   $56,520

As the sales value of year 2, 3 and 4 are same, as capital is adjusted in year 2 and company has equal working capital required in year 3, years 4 is the last year of the project so, working capital will be recovered from the project

Net Working capital will be reimbursed at the end of the project. The accumulated value of investment in working capital will be recorded as cash inflow in the analysis.

0 0
3 years ago
Indicate the accounting concepts, principles, or constraints that underlie each of the following independent situations: account
Sholpan [36]

Answer:

Accounting entity concept:

The basic idea behind this concept is that business and the owner are two different entities. Their transactions are to be recorded separately.

Going concern concept:

The concept is to have a view that the company is going to stay solvent in the future. That is we will have another accounting year in the future unless and otherwise we have evidence to the contrary.

Cost-benefit constraint:

It limits the amount of time to research the cost of an event if its benefits outweighs. In case of an immaterial event if its cost outweighs the benefits then that event can be forgone.

Expense recognition (matching principle):

The matching principle states that all the expenses are to be recorded based on the year they have been  incurred rather than on the time they are paid.

Materiality constraint:

It states that any event that changes or effects the decision making of the user of financial statement should be recorded and vice versa.

Revenue recognition principle:

It states that the revenue is to be recorded in the period in which it has been incurred instead when it is collected. Accrual basis gives a more clear picture of the performance of the company.

Full disclosure principle:

It requires to disclose any information to be mentioned in the foot notes of the financial statements of the company that might affect the user of financial statement. This helps in identifying the methods used for accounting practices and any event that might effect the organisations future existence.

Cost principle:

To record the transactions based on their historical costs rather than making adjustments for fluctuations in market place.

7 0
3 years ago
A customer has purchased 1,000 shares of ABC stock at $44 per share, paying a commission of $1.00 per share for the transaction.
EastWind [94]

Answer:

D) 1,200 shares held at a cost basis of $37.50 per share

Explanation:

Since the company paid a stock dividend, it increased the number of stocks held by the stockholders. The investor initially had 1,000 shares plus a 20% dividend = 1,000 x 1.2 = 1,200 shares. Since each stock should theoretically be worth less, his/her basis should decrease. The basis for each stock was $44(price) + $1(commission) = $45, after the dividend is paid it will be adjusted to $45 / 1.2 = $37.50 per stock

6 0
3 years ago
Alexa has a commercial laundry service that has been growing rapidly. She wants to continue to grow the business, but she needs
Contact [7]

Answer:

Incorporating

Explanation:

4 0
3 years ago
According to the aggregate production function, gdp increases when a nation?
Gala2k [10]

According to the aggregate production function, GDP increases when a nation,

  • improves its technology, A
  • increases its stock of physical capital, K
  • increases the human capital of its workers, H

<h3>What is aggregate production function?</h3>

An aggregate production function holds constant all other production factors, like as capital, natural resources, and technology, and connects the entire output of an economy to the total amount of labour engaged in that economy. Land, labour, capital, and entrepreneurial activity are the elements that make up aggregate production function.

A method for determining productivity and economic growth is the aggregate production function. Therefore, economists use it to gauge the efficacy of the final product and the quality of the inputs. The maximum output that can be produced given the quantity of the production elements is represented by the aggregate production function. Keep in mind that the following uses lower case letters for plant level variables and capital letters for aggregate variables.

Hence, According to the aggregate production function, GDP increases when a nation,

  • improves its technology, A
  • increases its stock of physical capital, K
  • increases the human capital of its workers, H

To learn more about aggregate production function refer to:

brainly.com/question/15875528

#SPJ4

3 0
2 years ago
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