Answer:
3) The only bank in a small town
Explanation:
By definition a monopoly occurs when there is only one supplier in the market for a specific good or service. In this case, if there is only one bank that works in a small town, then that bank has a monopoly of all the town's residents that require banking services. If any resident doesn't like that specific bank, they need to go to another town in search for banking services.
Answer:
$7.2 million
Explanation:
For computing the amount paid for the goodwill, first we have to calculate the fair value of the net asset which is shown below:
The fair value of net asset = Fair value of Midwest's assets - fair value of Midwest's liabilities
= $14.3 million - $2.5 million
= $11.8 million
And, the acquisition price of the outstanding stock is $19 million
So, the goodwill would be
= $19 million - $11.8 million
= $7.2 million
Answer:
c. $480,930
Explanation:
In this method we applied the unitary method
Given that
Sales volume = 40,000 units
Sales = $492,000
Sales volume = 39,100 units
Sales = ?
So, by considering the given information, the sales for 39,100 units would be
= Sales × updated sales units ÷ last sales units
= $492,000 × 39,100 units ÷ 40,000 units
= $480,930
Answer:
B will be your answer for the problem
Rather than a particular group I would say that with a lot of evidence to back it up that labour unions have since their inception been used to improve the lives of industrial workers, at least on the job. For example, as far back as the 1500's, at least for awhile, the Knappschaft union of the German miners in the Erzgebirge rich silver mines even won an 8 hour day and indemnity for the widows of miners killed in the mines.
