Answer:
The overview of the given scenario is described in the explanation segment below.
Explanation:
The monopoly seems to be the owner and manager of the sole business that operates on either the marketplace (Industry).
The monopolist becomes making an extraordinary income. Balance requirements become MC = MR, MC reductions MR from underneath the.
The breakeven point would be where the expense of Average is equivalent to the value (Average Revenue-AR)
Closing down portion would be when the company is unable to cover the AR Cost i.e.
⇒ AR < AVC.
The normal monopoly would be when it has a large competitive edge over all the future entrants as either a barrier to the entrance of just about any new company, which prohibits any new installment including its company into the sector. It may even be attributable to someone's power over manufactured goods or perhaps the possession of environmental assets.
The limits of monopoly power are given below:
- This power is limited to something like the possibility of competitors.
- If alternatives are present mostly on the market, it's been difficult to retain the monopoly.
- Law facilitates the possibility of monopoly power.
Answer:
PV= $450,909.1
Explanation:
Giving the following information:
Cash flow (Cf)= $24,800
Growth rate (g)= 3.5%
Discount rate (i)= 9%
<u />
<u>To calculate the present value, we need to use the following formula:</u>
PV= Cf / (i - g)
PV= 24,800 / (0.09 - 0.035)
PV= 24,800 / 0.055
PV= $450,909.1
The factors that impede business ability of African can be liken to trade barriers experienced in African region.
Many potential entrepreneur have been discouraged from starting their enterprises because of various business impediment.
The factors that impede the business ability includes:
- Lack of good road route to deliver goods.
- High tax rate for local produced goods.
- Very high rate of import duties.
- Corruptions among officers with key position
- Lack of support for Small & medium enterprises (SME)
- Inaccessibility to finance for the business such as loan.
- Unfavorable government policy or regulation on business corporation
Read more about this here
<em>brainly.com/question/2531460</em>
Answer:
To evaluate the effectiveness of controls over all relevant financial statement disclosures in the financial statements.
Explanation:
In Accounting, an internal control is a mechanism, procedure, rule or policy designed by management to secure assets, promote efficiency, ensure accountability and prevent fraudulent behavior in an organization.
The main goal of auditing internal control is to evaluate the effectiveness of controls over all relevant financial statement disclosures in the financial statements.
