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3 years ago

The purpose or objectives of Competition policy

2 answers:

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Mark Brainliest please

Article 1] This Act, by prohibiting private monopolization, unreasonable restraint of trade and unfair trade practices, by preventing excessive concentration of economic power and by eliminating unreasonable restraint on production, sale, price, technology and the like, and all other unjust restriction of business ...

jekas [21]3 years ago

3 0

Answer:

Competition policy promotes market competition by regulating anti-competitive behavior undertaken by firms. The fundamental reason for competition policy is to allow the smooth functioning of the free market and the price mechanism, thus maximizing economic welfare.

Explanation:

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Merle Industries had been selling its product for $24 per unit, but recently lowered the selling price to $17 per unit. The comp

Lana71 [14]

Answer:

The company’s inventory be reported on the balance sheet as $3,150.

Explanation:

GAAP and IFRS requires that the inventory of the company should be recorded as Lower cost and Net realizable value of the inventory.

According to given data

Available Inventory = 210 units

Cost of Inventory = 210 units x $20 = $4,200

Net realizable value is the value of the inventory which can be recovered on the immediate sale. the current market value of the inventory is $15.

So,

Net realizable value is = 2,100 units x $15 = $3,150

As the Net realizable value is lower than the cost of the inventory, $3,150 should be reported as inventory on the balance sheet.

7 0

3 years ago

With a traditional savings account, you could be charged a fee if:

Marianna [84]

If you write a check that doesn't balance out

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3 years ago

Read 2 more answers

Western Wear Clothing issues 3,000 shares of its $0.01 par value common stock to provide funds for further expansion. Assuming t

Komok [63]

Answer:

The journal entry for the issuance of the common stock is shown below:

Explanation:

Cash A/c.............................................Dr $33,000

Common Stock A/c........................Cr $30

Paid in Capital A/c...........................Cr $32,970

Working Notes:

Cash = Number of shares × Issue Price

= 3,000 × $11

= $33,000

Common Stock = Number of Shares × Par Value

= 3,000 × $0.01

= $30

Paid in Capital = Cash - Common stock

= $33,000 - 30

= $32,970

3 0

3 years ago

Kowabunga was a US based beach clothing and gear company. The owner of the company wanted to expand into markets in Mexico, Aust

Digiron [165]

Based on the given details the external business factor environment that did the company evaluate for its expansion is sociocultural.

Socio-cultural as a business external factor has to do with the environment culture or customs and belief as well as the type of fashion trend they have in vogue.

For a clothing company to be successful the consumer, their income level or wealth, growth rate and the environment at large has to be put into consideration.

The company has to as well evaluate the market activities of the country as this can help to influence their decision when trying to expand into another country market as well as their strategic goals when introducing their product into an another country.

Inconclusion the external business factor environment that did the company evaluate for its expansion is sociocultural.

Learn more about sociocultural here:brainly.com/question/24769813

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3 years ago

You plan on making a $235.15 monthly deposit into an account that pays 3.2% interest, compounded monthly, for 20 years. At the e

crimeas [40]

Answer:

Ans. a) $769.27 is the amount of money that you can withdraw every month for 120 months at a rate of 3.2% compounded monthly if you deposit $235.15 every month, for 20 years.

Explanation:

Hi, first we have to turn this compounded rate into an effective rate, in this case, effective monthly, that is by doing the following.

$r(monthly)=\frac{0.032}{12} =0,00267$

that is 0.267% effective monthly.

Now, we need to take all this annuities to 20 years in the future, which is going to be the present value to use in order to find the amount of moneuy that you can withdraw every month, for 120 months (10 years).

$FutureValue=\frac{A((1+r)^{n} -1)}{r}$