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3 years ago

What do firms stand to gain by increasing their market power

Business

2 answers:

Ivahew [28]3 years ago

8 0

Answer:

Increase in profit.

dimaraw [331]3 years ago

6 0

Their profit increases.

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Nordstrom, Inc. operates department stores in numerous states. Suppose selected financial statement data (in millions) for 2020

ivann1987 [24]

Answer:

a. Current ratio = Total current assets/Total current liabilities

Current ratio = $6,840/$3,420

Current ratio = 2 : 1

b. Accounts receivable turnover = Net credit sales / [Net beginning accounts receivables + Net ending accounts receivables / 2]

Accounts receivable turnover = $13,940 / [$3,300+$3,500/2]

Accounts receivable turnover = $13,940 / $3,400

Accounts receivable turnover = 4.1 times

c. Average collection period = 365 / Accounts receivables turnover

Average collection period = 365 / 4.1

Average collection period = 89.0244

Average collection period = 89 days

d. Inventory turnover = Cost of goods sold / [Beginning inventory+Ending inventory/2]

Inventory turnover = $9,000 / [$1,500+$1,500/2]

Inventory turnover = $9,000 / $1,500

Inventory turnover = 6 times

e. Days in inventory at the end of the current year = 365 / Inventory turnover

Days in inventory at the end of the current year = 365 / 6

Days in inventory at the end of the current year = 60.8333

Days in inventory at the end of the current year = 61 days

3 0

2 years ago

Paris operates a talent agency as a sole proprietorship, and this year she incurred the following expenses in operating her tale

Afina-wow [57]

Answer:

correct option is A. $450

Explanation:

we know that half the cost of the business meeting or the business meeting lunch or the dinner that is deductible even

and if the meal are associate with the active businessman or the sole proprietor then half the amount that is here $900 tickets to the opera with client for meeting is deducted

so that is deducted = $\frac{900}{2}$

deducted amount = $450

so correct option is A. $450

5 0

3 years ago

One important point to remember is that just because a difference between two treatment groups is found to be statistically sign

pogonyaev

Answer:

Researchers use a finding's Effect size to measure magnitude and reliability.

Explanation:

Effect size is statistical method used by researchers to compare between variables that are statistically significant. It is used to determine the magnitude of the parameters and reliability of the treatment group.

4 0

3 years ago

Which actions can you take to bring back your computer from sleep mode?

Igoryamba

Move the Mouse around and Press any key on the keyboard. Well I’m just referring to that because that’s how my computer works

4 0

2 years ago

Read 2 more answers

Tonto Company purchased property for $125,000. The property included a building, equipment and land. The building was appraised

velikii [3]

Answer:

The cost allocated to the building is $ 62,068.97

Explanation:

The total appraised cost for the components of the property purchased=$72,000+$50,000+$23,000=$ 145,000.00

The cost allocated to the building in the accounting records is the cost of the property multiplied by the building appraised value of $72,000 while dividing by the total of the appraised value of $145,000

cost allocated to building=$125,000*$72,000/$145,000=$ 62,068.97

3 0

3 years ago