Monopoly output is _the same as (B) ______ the corresponding output for perfectly competitive industries
<h3>Similarity between a monopolistic market and perfectly competitive market </h3>
A monopolistic market is similar to a perfectly competitive market because both markets determine the prices and supply of goods and services in the market. although a perfectly competitive market consists of several firms no particular firm controls the market which makes the group of firms as act as a monopoly.
Hence the output of a monopoly is similar to the output of a perfectly competitive industries.
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Answer:
$211,971.
Explanation:
he will have earned in $115,971 in interest.
Answer:
- there will be no adverse movement in exchange rates or interest rates.
Explanation:
John's best speculative element is that everything would remain in his favor; especially the exchange rates and there interest rates.
Assuming after his transaction there is a sudden negative or adverse effects on the interest rate from 6 percent to 1 percent for US deposit and a decline in the USD/Japanese Yen exchange rate he <u>would be faced with great loses.</u>
Answer:
It will take 1 year and 307 days to cover the initial investment.
Explanation:
Giving the following information:
Initial investment= $6,900
Cash flows:
Cf1= $4,200
Cf2= $5,100
Cf3= $6,300
Cf4= $5,500
Discount rate= 15%
<u>The payback period is the time required to cover the initial investment. We need to discount each cash flow.</u>
<u></u>
Year 1= 4,200/1.15 - 6,900= -3,247.83
Year 2= 5,100/1.15^2 - 3,247.83= 608.50
<u>To be more accurate:</u>
(3,247.83 / 3,856.33)*365= 307 days
It will take 1 year and 307 days to cover the initial investment.
Sales forecasts <u>help auditors understand </u><u>management's strategy</u>
<u>can be used in valuing </u><u>inventory</u>
<u />
What are sales forecasts?
A sales forecast is an indication of predicted sales revenue. What your business expects to sell during a specific time period is estimated by a sales forecast (like a quarter or year). The most accurate sales projections do this. By providing knowledge of the probable behavior of your most valued clients, sales forecasting aids in achieving this revenue efficiency. In addition to enhancing pricing, advertising, and product development, you may forecast future sales. The ability of your business to predict future revenues across particular time periods in order to better manage resources is one of the benefits of sales forecasting.
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