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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.

You might be interested in

Predatory pricing refers to a. All of the above are examples of predatory pricing. b. a firm selling certain products together r

mina [271]

Answer:

d. a monopoly firm reducing its price in an attempt to maintain its monopoly.

Explanation:

In a competitive system, a firm practices predatory pricing when it charges prices below its costs in order to eliminate competitors. When the prevailing system is a monopoly, the firm is the only company providing the good and it can practice predatory pricing in the short term to prevent a competitor from entering the market. Thus the firm remains monopolistic.

8 0

3 years ago

List the order number and order date for each order placed by the customer named johnson s department store. (hint: to enter an

iris [78.8K]

Answer:

Explanation:

To obtain the needed detail of order table and order date for each order place by customer, has to be filtered with "John's Department Store"

select ORDER_NUM, ORDER_DATE frome orders as o

inner join customer as c on c.CUSTOMER_NUM=o.CUSTOMER_NUM

where c.CUSTOMER_NAME = "Johnson's Department Store"

8 0

3 years ago

2. Chico Co. sold $4 million of 10-year bonds on December 31, 2015, with interest payable June 30 and December 31 at an annual r

Aleonysh [2.5K]

Answer:

The requirement of the question is provided below:

a. What were the proceeds received by Chico upon the sale of the bonds?

b. Prepare the entry made by Chico to record the sale of the bonds on December 31, 2015.

The proceeds from the issue is $4,498,488.41

The entries are:

Dr Cash $4,498,488.41

Cr Bonds payable $4,000,000

Cr Premium on bonds payable $498,488.41

Explanation:

The first task here is to determine the proceeds from the issue, which can be done using the present value formula in excel.

=pv(rate,nper,pmt,fv)

rate is the effective rate of 10% divided by 2,since coupon is paid twice a year.

nper is the time to maturity of 10 years multiplied by 2

pmt is the coupon payment paid twice a year, that is :12%/2*$4000,000=$240,000

fv is the value expected by investors upon redemption that is $4 million

=-pv(5%,20,240000,4000000)

pv=$4,498,488.41

5 0

3 years ago

Read 2 more answers

A tour group split into two groups when waiting in line for food at a fast food counter. The first group bought 8 slices of pizz

creativ13 [48]

Answer:

The cost of an slice of pizza is $3.94

Explanation:

Hi, we have to construct 2 equations with the information of the problem, the first one is " 8 slices of pizza and 7 soft drinks for $45.10".

$8P+7D=45.10$

And the second one, when "The second group bought 6 slices of pizza and 5 soft drinks for $33.34" is.

$6P+5D=33.34$

Where: P = pizza slices and D= soft drinks

We need to substract one equation from the other, but firs we need to equal one of the variables. In order to do so, we multiply our first equation by 5 and the second one for 7, therefore we get.

First equation

$40P+35D=225.5$

And the second one:

$42P+35D=233.38$

And now, we substract them and solve.

$40P+35D-(42P+35D)=225.5-233.38$

$40P-42P+35D-35D=-7.88$

$-2P=-7.88$

$P=\frac{-7.88}{-2} =3.94$

The cost of a slide of pizza is $3.94

In case you needed to find the cost of the soft drink, we just substitute P for 3.94 in any of the initial equations, that is:

$8(3.94)+7D=45.1$

$7D=13.58$

$D=1.94$

The cost of a soft drink is $1.94

Best of luck.

7 0

3 years ago

Sonic Corp. operates and franchises a chain of quick-service drive-in restaurants in most of the United States. Customers order

podryga [215]

Sonic corporation, founded as Sonic drive-In and more generally called Sonic "The force-In," is an American power-in speedy meals restaurant chain owned with the aid of inspire manufacturers, the discern employer of Arby's and Buffalo Wild Wings.

The agency, based by way of Troy N. Smith Sr. (1922–2009), opened its first location in 1953, below the name top Hat drive-In. Initially, a stroll up root beer stand out of doors a log cabin steakhouse selling soda, hamburgers, and hotdogs; Sonic, presently has three,549 locations inside the united states.

The employer's core products include the "Chili Cheese Coney", "Sonic Cheeseburger combo", "Sonic Blasts", "master Shakes", and "Wacky p.c. youngsters food." The organization also has a breakfast menu. although Sonic has operated because the early 1950s, Sonic Corp. incorporated in Delaware in 1990. It has its company headquarters in Oklahoma city; the headquarters building features a dine-in Sonic eating place in an adjacent building. prior to its acquisition by way of encourage manufacturers, its inventory traded on NASDAQ with the symbol SONC. Most eating places are owned and operated with the aid of franchisees. Total 2016 sales were around $100 million with internet profits of $18 million.

Learn more about Sonic Corporation here:-

brainly.com/question/25583824

#SPJ4

4 0

1 year ago