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3 years ago

Mutual interdependence means that each oligopolistic firm:

1 answer:

6 0

Mutual interdependence means that each oligopolistic firm <span>must consider the reactions of its rivals when it determines its price policy.

An oligopoly has a limited amount of competition because there is a small amount of producers or sellers in the market. Because there is a small amount, they consider the reactions someone else may have if they change the the price policy. These firms can not keep each other from having a large influence over the market.
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The August current year bank statement for Allison Company and the August current year ledger account for cash follow:

Stels [109]

The August current year bank statement for Allison Company and the August current year ledger account for cash follow is

1. Deposits in transit as on August 31 are $5,400.

2. Outstanding checks are $280 and $460 amounting to a total of $740 (280+460).

3. Bank reconciliation statement-

Particulars Amount ($) Particulars Amount ($)

Balance as per cash account* 22,475 Balance as per bank account 20,235

Add: Interest collected 2,550 Add: Deposits in transit 5,400

25,025 25,635

Less: Bank service charge (130) Less: Outstanding checks (740)

Adjusted book balance 24,895 Adjusted bank balance 24,895

*Balance as per cash account = 16,470+11,800+4,450+6,900+5,400-185-860-280-460-750-260-19,750

= 22,475

4. Journal entries-

S.No. Accounts titles and Explanation Debit ($) Credit ($)

1. Cash 2,550

Interest received 2,550

(To record the interest collected)

2. Bank service charges 130

Cash 130

(To record the bank service charges)

5. Balance sheet

Current assets

Cash and cash Equivalent 24,895

In accounting, a well-known ledger is used to fill all of an agency's transactions. inside a general ledger, transactional data is organized into assets, liabilities, sales, fees, and proprietor's equity. After each sub-ledger has been closed out, the accountant prepares the trial stability.

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2 years ago

a corporation reported cash of $15,800 and total assets of $180,100 on its balance sheet. its common-size percent for cash equal

Veseljchak [2.6K]

Its common-size percent for cash equals 8.77%.

Cash is prison gentle—currency or coins—that may be used to change items, debt, or offerings. Every so often additionally it is the value of the property that may be easily converted into coins right away, as stated through an employer.

A cash price is bills or cash paid by the recipient of products or services to the issuer. It can also contain a fee inside an enterprise to employees in compensation for their hours worked or to pay off them for minor prices which are too small to be routed thru the accounts payable device.

Coins in a bank mean the contemporary balance in checking accounts, savings accounts, or the like within the call of the enterprise/enterprise applying for a certificate. Do now not encompass retirement bills or personal bank account balances.

Percent of cash to total asset = Cash / Total Assets

= 15800 / 180100

= 8.77%

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2 years ago

Which of these features of modern urban mass transit is most important?

sasho [114]

The 1rst one
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3 years ago

Jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's

AleksandrR [38]

Answer:

d)Tier 2

Explanation:

from the question we are informed about jones Manufacturing sells a part to Lear Corporation.Lear puts this part into a radio,which Lear then sells to Ford.From Ford's point of view, in this case Jones Manufacturing is tier 2. Tier 2 capital can be regarded as second layer of capital which serve as a required reserves of a bankIt contains revaluation reserves as well as hybrid capital instruments

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3 years ago

Hodgkiss corporation is evaluating an extra dividend versus a share repurchase. in either case, $25,960 would be spent. current

Artyom0805 [142]

<span>If Hodgkiss corporation plans to declare extra dividend out of $25,960 then a dividend of $5.90 shall be declared and EPS shall remain $2.80 since number of shares outstanding continues to be 4400. and PE ratio would be 95 divided by $2.80 i.e.33.93. In case of repurchase, at a share price of $95, with $ 25960 company can repurchase 273 shares, resulting in 4127 number of outstanding shares in the market. Company's earning is $2.8*4400= $12320. With number of shares outstanding at 4127, new eps would be $12320 divided by 4127 i.e. $2.98. New PE ratio would be $95/$2.98 i.e. 31.88</span>

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3 years ago