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VashaNatasha [74]
4 years ago
12

A market with only two firms is called a

Business
1 answer:
skelet666 [1.2K]4 years ago
5 0

Answer: A.) duopoly

Explanation:

Memory trick: duo means two.

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Rachel's Designs has 1,000 shares of 6%, $50 par value cumulative preferred stock issued at the beginning of 2019. All remaining
Damm [24]

Answer:

In 2021, preferred stockholders will be paid $9000 dividends while common stockholders will be paid $1000 in dividends.

Explanation:

The preferred share are cumulative which means that they accrue dividends in case the company is unable to pay dividend in a certain year. This means that the company needs to pay the preferred dividend in future whenever it declares dividends if it has not paid the dividend on preferred share in the previous years.

The preferred dividends are paid prior to the common stockholders.

Thus, the dividend for 2019 and 2020 will be paid along with that of 2021 when the company pays dividends in 2021.

The preferred dividend per year is = 50 * 0.06 * 1000 = $3000

The accrued preferred dividends for 2019 and 2020 are = 3000 * 2 = 6000

Preferred dividend to be paid in 2021 = 6000 + 3000 = $9000

Common stock dividends to be paid in 2021 = 10000 - 9000 = $1000

4 0
4 years ago
Softie, Inc. produces facial tissues. The company's contribution margin ratio is 77%. Fixed expenses are $240,400. To achieve a
sladkih [1.3K]

To achieve a target profit of $930,000, Softies' sales must be $1,520,000.

<h3>What is target profit?</h3>
  • Target profit is the amount of profit that a company's managers anticipate achieving by the conclusion of a specific accounting period.
  • Typically, the target profit is established from the budgeting process and is compared to the actual result in the income statement.
  • If they chose to earn a 20% margin on each sale, they will make a $50 profit on each chair sold.
  • As a result, if the corporation wishes to make $50 per chair and sell the chair for $200, the chair must be manufactured for $150 or less.

To find the target profit of Softie, Inc.:

  • Sales = ($240,400 + $930,000) ÷ 0.77
  • = $1,520,000

Therefore, to achieve a target profit of $930,000, Softies' sales must be $1,520,000.

Know more about target profit here:

brainly.com/question/17061733

#SPJ4

6 0
2 years ago
Kim Jordan, cofounder and CEO of New Belgium Brewery, believes that the New Belgium Brewery is acting as a business role model.
satela [25.4K]

Answer:

d) quality management

Explanation:

Continuous improvement

Continuous improvement in the overall performance of the Organization should be a permanent objective of the Organization.

This implies:

The continuous improvement of the quality management system is to increase the probability of increasing the satisfaction of Clients and other interested parties.

The following are actions aimed at improvement:

- analysis and evaluation of the existing situation to identify areas for improvement;

- the establishment of the objectives for improvement;

- the search for possible solutions to achieve the objectives;

- the evaluation of these solutions and their selection;

- the implementation of the selected solution;

- the measurement, verification, analysis and evaluation of the results of the implementation to determine that the objectives have been achieved;

- the formalization of the changes.

8 0
3 years ago
When you hire an independent contractor, you don't have to pay the contractor's
xxTIMURxx [149]

Answer:

The correct answer would be option A, Medicare Taxes.

Explanation:

It is quite common now a days to work with contractors to get help from them, either in the form of services or human resources, etc. The contractor provide the company what it wants according to the needs. For example if a company needs human resource for its customer service department, the contractor will provide them the employees according to the company's need. So when you hire the contractor for getting you employees, there is no need to pay the medicare taxes of the contractor. It is not the responsibility of the company to pay medical expenses of the contractor, rather its contractor's own responsibility to fulfill its medicare expenses.

5 0
3 years ago
Read 2 more answers
Ariel, a federal government employee, works in acquisition and procurement. Federal policies require that in contracting with su
Rus_ich [418]

Answer:

Programmed decision

Explanation:

The programmed decision is the decision which are taken on a daily basis or we can day to day basis or routine basis. It is likely for solving the structured problems

In the given case, since minimum three bids are received and the bid who has less value meets the specification that results in an acceptance

Therefore this case is of Programmed decision

3 0
3 years ago
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