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xxTIMURxx [149]

3 years ago

11

A what is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and th

eir profits.

1 answer:

ser-zykov [4K]3 years ago

8 0

A cartel is when a group of companies illegally work together and essentially create a monopoly in order to increase prices and their profits.

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The following selected transactions relate to liabilities of Chicago Glass Corporation for 2016. Chicago's fiscal year ends on D

melisa1 [442]

Answer:

cash 7,600

nearned revenue 7,600

cash 7,300

refundable deposist 7,300

cash 57,100

refundable deposist 7,300

unearned revenue 7,600

service revenue 76,000

sales tax expense 45,600

state tax payable 30,400

local tax payable 15,200

Explanation:

(1) as the services are not yet perform, this is a liability for Chicago Glass Corportation. It assumes to obligation of do this services.

(2)This will be refund once the job are complete and the containers returned in good form

(3) 72,000 - 7,600 = 64,400 - 7,300 = 57,100

Chicago deduct rom the invoince the previous payment and the refundable deposits once the transaction is finished.

(4)

760,000 x 4% = 30,400

760,000 x 2% = 15,200

30,400 + 15,200 = 45,600

5 0

3 years ago

Dearborn Company has earnings per share of $2.80, it paid a dividend of $2.10 per share, and the market price of the company's s

marissa [1.9K]

Answer:

The price/earnings ratio is closest to 21.79

Explanation:

Price / Earning ratio is used to assess the owner`s appraisal of share value. The higher the ratio the more confident that the shareholders have on company's future performance.

Price / Earning ratio = Market price of Share ÷ Earnings per share

= $61 ÷ $2.80

= 21.79

6 0

3 years ago

I need help with the picture above can anyone please help me i am really struggling

12345 [234]

Economic growth, reducing marginal tax rates would spur economic growth as lower tax rates will give people more after tax income that could be used to buy more goods and services

8 0

3 years ago

If Samatha finances the entire cost of a $700 bike at an APR of 2.95%, how much will she end up paying in total for the bike aft

12345 [234]

Based on the interest rate, the cost of the bike, and the period of payment, Samatha will pay $721.71.

<h3>What will Samatha pay?</h3>

Samatha will pay a certain amount monthly. That amount can be found as:

Loan amount = Amount x ( 1 - ( 1 + rate) ^-number of periods) / rate

Solving gives:

700 = Amount x ( 1 - (1 + 2.95%/12) ⁻²⁴ / 2.95%/12 months)

Amount = 700 / ( 1 - (1 + 2.95%/12) ⁻²⁴ / 2.95%12 months)

= $30.07

Total amount paid by Samatha:

= 30.07 x 24 months

= $721.71

Find out more on loan payments at brainly.com/question/26011426.

4 0

2 years ago

EXCESS CAPACITY Williamson Industries has $7 billion in sales and $1.944 billion in fixed assets. Currently, the company’s fixed

Lubov Fominskaja [6]

Answer:

a. <u>Calculation of level of sales</u>

Level of sales = Sales / Operating capacity

= 7,000,000,000/90%

= $7,777,777,777.78

b. <u>Calculation of Target fixed Assets/Sales ratio</u>

Fixed assets sales ratio = Fixed assets / Level of sales

= 1,944,000,000/7,777,777,777.78

= 0.249942857

= 0.25

c. <u>Calculation of Increase in Fixed assets</u>

Increase in fixed assets = Fixed assets sales ratio * (Increase in sales - Level of sales)

= 0.249942857 * (7,000,000,000*1+15% - 7,777,777,777.78)

= 0.249942857 * (8,050,000,000 - 7,777,777,777.78)

= 0.249942857 * 272,222,222.222

= $68,040,000.

8 0

3 years ago