More than 95% of customers in the US wireless mobile phone market are served by AT&T, Verizon, and T-Mobile. This market is characterized by oligopolistic rivalry.
How large is the market for cell phones?
In 2021, the market for smartphones was estimated to be worth USD 457.18 billion. A 7.3% CAGR is predicted for the market throughout the forecast period as it increases from USD 484.81 billion in 2022 to USD 792.51 billion in 2029.
The market for smartphones is it expanding?
Since 2008, the smartphone market has been continuously expanding and increasing in size as well as in terms of the variety of models and providers. In 2022, it is anticipated that there will be 1.43 billion smartphones shipped globally. 78.05% of people on the planet will have smartphones by the year 2020.
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The answer is E. i might be wrong
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I'm sorry I hope that gave u a chuckle.
But I do not understand the question. Are there answer choices or?
Answer:
Predetermined manufacturing overhead rate= $14.8 per machine hour
Explanation:
Giving the following information:
Factory 1
Estimated factory overhead= $18,500,000
Estimated machine hours for year 1,250,000
T<u>o calculate the predetermined manufacturing overhead rate we need to use the following formula:</u>
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 18,500,000/1,250,000
Predetermined manufacturing overhead rate= $14.8 per machine hour
Answer:
a. Asset turnover = Sales/Average total assets
Asset turnover= 515.7/[(930.9+920.1)/2]
Asset turnover = 515.7 / 925.5
Asset turnover = 0.5572123
Asset turnover = 0.557
b. Return on Assets = Net income/Average total assets
Return on Assets= 80.7/[(930.9+920.1)/2]
Return on Assets = 80.7 / 925.5
Return on Assets = 0.08719
Return on Assets= 8.72%
c. Profit Margin = Net income/Sales
Profit Margin = 80.7/515.7
Profit Margin = 15.65%