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ElenaW [278]
3 years ago
9

A concentration ratio indicates the:

Business
1 answer:
MaRussiya [10]3 years ago
8 0

Answer:

The correct answer is letter "A": number of firms in an industry.

Explanation:

A concentration ratio measures the number of competitors within the same industry. The lowest concentration ratio of a firm, it represents there are more market rivals. The highest the concentration ratio, the lower the number of competitors of the firm. The ratio is expressed in percentage terms. A firm having a 100% concentration ratio is a monopoly.

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Clark corporation has an average collection period of 7​ days, an inventory conversion period of 30​ days, and a payables deferr
Mamont248 [21]

Clark's cash conversion cycle is 37 days.

4 0
3 years ago
When creditors, managers, and investors look at expenses as a percentage of revenue, they are __________.
sineoko [7]

Answer:

Doing a financial statement analysis.

Explanation:

Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.

Financial statement analysis can be defined as the process of analyzing, estimating and reviewing the financial statements of a business firm or organization in order to make better economic decisions and profits in the future.

Hence, when creditors, managers, and investors look at expenses as a percentage of revenue, they are doing a financial statement analysis.

7 0
3 years ago
Pina Company produces golf discs which it normally sells to retailers for $7 each. The cost of manufacturing 19,900 golf discs i
Ivahew [28]

Answer:

a) <em>Net income using incremental analysis is  </em> $692

b)   PINA should accept the order because it will increase its net income by $692

<em />

Explanation:

The relevant cash flows for decision to accept or reject the special order are

I. the incremental contribution from of producing 5,350 units

2. The incremental fixed cost- 45,374

Note that whether or not the special order is accepted the fixed cost of manufacturing  would be incurred either way.

Contribution per unit =Selling price - Variable cost

Variable production cost per unit = total variable cost / units

                                  = (10,945 + 29651 + 21094)/19,900

                                     =$3.1

Variable cost per unit of sale = $3.1 + $0.35 =  $3.45

a) Incremental Analysis

<em>Change in Net Income:                               $</em>

I<em>ncremental contribution :</em>

( 4.77 - 3.45) ×   5,350 =                           7,062

<em>Increase in Fixed cost</em> :

(45,374 - 39,004)                                     <u>(  6370)</u>

<em>Net income                                               </em><em><u>   692</u></em>

<em><u>b) </u></em>   PINA should accept the order because it will increase its net income by $692

<em />

6 0
3 years ago
This case explores some issues related to entering a new foreign market and describes the strategies that one UK firm is using t
gizmo_the_mogwai [7]

Answer:  Megabus being a late mover in the US, has allowed the company to learn from past mistakes by companies such as Greyhound, who filed for bankruptcy in the mid 90's and who lost most of it's business due to poorly maintained terminals, high prices for fares and unsafe conditions. Mega bus's advantages include fares as lows as 1 dollar, free wi-fi, stylish buses and power outlets. They Can offer these low fares since the company eliminated purchase Windows for tickets, selling tickets online only and by eliminating expensive terminal operations by dropping off and picking up riders at sidewalk stops like public bus operators. There are few disadvantages besides the fact that rising gas prices affect travel and low fare prices affect revenue if quantity is not met   .

Advantages - 1. Affordable  2. Pretty scenery 3.You get what you paid for

Disadvantages-1. Uncomfortable 2. It’s Either Freezing or Sweltering  3. Odd People

2. Yes it has own Overwhelming resources and capabilities  3. Train

Explanation:

4 0
3 years ago
If you we’re running a company describe at least two things you would do to improve its productivity
Luba_88 [7]

Answer:

<h3>1. Have standing meeting.</h3><h3>2.Create the ultimate break room.</h3>
4 0
1 year ago
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