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3 years ago

QUESTION 1

Business

1 answer:

mezya [45]3 years ago

4 0

The correct option is C (1836)

<u>Explanation:</u>

From the given data, all the frims with the given market share are taken. the 8 more firms are taken into account which have 1 percent market share. Thsu, 8 is multiplied with 1 pecent of share.

All the square roots are calculated in order to calculate the HHI

HHI = Summation of sqrt Si

= (36)^2 + (3)^2 + (3)^2 + (6)^2 + (16)^2 + (6)^2 + (4)^2 + (7)^2 + (11)^2 + 8(1)^2

= 1836

Therefore, the correct answer is C (1832)

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Microsoft and a smaller rival often have to select from one of two competing technologies, A and B. The rival always prefers to

Nuetrik [128]

Answer: true, there is an equilibrium.

Explanation:

the above game is a pure strategy. A pure strategy occur when the game is strictly determined. the criteria used to determine the pure strategy is maxi-min and min-max. max-min means selecting the least case from all best cases and min-max means selecting the best from all least cases.

Base on the criterion, the least out of all best for max-min is 1 unit and the best out of all least cases for min-max is 1 unit. the max-min is equal to the min-max,hence it strictly determined and therefore a pure strategy.

5 0

2 years ago

On April 1, Lewis Company paid $14,400 for two years of insurance in advance. Lewis Company recorded the transaction by debiting

Dominik [7]

Answer:

31 Dec Expense A/c Dr. $5,400

To Prepaid Expense A/c $5,400

(Therefore, expense for the current financial year recorded)

Explanation:

We know that at the time of insurance paid in advance on 1 April for 2 years, entry was;

Prepaid Insurance A/c Dr. $14,400

To Cash A/c $14,400

Now at year end the expense relating to current period shall be recognized properly in the books, so that matching principle of revenue against expenses shall be matched.

Thus, period from 1 April to 31 December = 9 months

Expense for 9 months = $14,400 \times \frac{9}{24} = 5,400$

That means expense for the year = $5,400

Therefore, entry for such recording will be:

31 Dec Expense A/c Dr. $5,400

To Prepaid Expense A/c $5,400

(Therefore, expense for the current financial year recorded)

6 0

3 years ago

In double-entry accounting, what kinds of transactions are recorded in the left debits column?

yaroslaw [1]

Asset debits are recorded in the left debits column.

6 0

3 years ago

Read 2 more answers

Janet Foster bought a computer and printer at Computerland. The printer had a $900 list price with a $100 trade discount and 2/1

nikdorinn [45]

Answer:

Janet Foster

a. Janet could save $12.44 on the printer by borrowing $800 to take advantage of the cash discount.

b. On the computer, the difference in the final payment between choices 1 and 2 is $197.

It is advisable for Janet to choose the first option.

Explanation:

a) Data and Calculations:

Printer:

List price of printer = $900

Trade discount = 100

Purchase cost = $800

Cash discount terms = 2/10, n/30

Cash discount = $16 ($800 * 2%)

Interest on loan to purchase printer = $3.56 ($800 * 8% * 20/360)

Savings if loan is borrowed = $12.44 ($16 - $3.56)

Computer:

List price = $4,060

Trade discount = 25% or $1,015 ($4,060 * 25%)

Purchase cost = $3,045

Payment options:

1) = $160 * 17 months = $2,720

Balance on 18th month 325

Total payment = $3,045

2) = Payment with 8% interest for 18 months equal payment = $180.08

From an online financial calculator:

N (# of periods) 18

I/Y (Interest per year) 8

PV (Present Value) $3,045

FV (Future Value) 0

P/Y (# of periods per year) 12

C/Y (# of times interest compound per year) 12

PMT made at the end of each period

Results

PMT = $180.08

Sum of all periodic payments $3,241.48

Total Interest $196.48

Difference in final payment:

Choice 1 , total payment = $3,045

Choice 2, total payment = $3,242

Difference in final payment = $197

6 0

2 years ago

Assume that a piece of land is currently valued at $50,000. If this piece of land is expected to appreciate at an annual rate of

Luda [366]

Answer:

The correct answer is $132,664.89.

Explanation:

According to the scenario, the given data are as follows:

Present value (PV) = $50,000

Rate of interest (r) = 5%

Time period (n) = 20 Years

So, we can calculate future value by using following formula:

Future value = PV × (1 + r)^(n)

= $50000 × ( 1 + 5% )^20

= $50000 × (1 + 0.05)^20

= $132,664.89

Hence, After 20 years land will be worth $132,664.89.

5 0

2 years ago