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Akimi4 [234]
3 years ago
11

Suppose that there are two industries, A and B. There are five firms in industry A with sales at $5 million, $2 million, $1 mill

ion, $1 million, and $1 million, respectively. There are four firms in industry B with equal sales of $2.5 million for each firm. The HHI for industry A is:
Business
1 answer:
Sonja [21]3 years ago
4 0

Answer:

3200

Explanation:

The HHI is calculated by squaring the market share of each firm in the industry.

Market share = sales of a firm / total sales of firms in the industry

total sales of firms in the industry = 5 + 2 + 1 + 1 + 1 = 10

Market share of firm A = (5/10) x 100 = 50%

Market share of firm B = (2/10) x 100 = 20%

Market share of firm C, D, E = (1/10) x 100 = 10%

50² + 20² + 10² + 10²  + 10² = 3200

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Big Canyon Enterprises has bonds on the market making annual payments, with 18 years to maturity, a par value of $1,000, and a p
AnnyKZ [126]

Answer:

The correct answer is 8.679%.

Explanation:

According to the scenario, the given data are as follows:

Face value (F) = $1,000

Bond value (B)= $955

Time (t) = 18 years

Yield (r) = 9.2%

First we calculate the coupon payment:

Let coupon payment = C

then,

B = C × \frac{1 - \frac{1}{(1+r)^{t} } }{r}  + \frac{F}{(1+r)^{t} }

By putting the value, we get

$955 = C× \frac{1 - \frac{1}{(1+0.092)^{18} } }{0.092}  + \frac{1000}{(1+0.092)^{18} }

$955 = C × 8.64 + 205.11

C = 86.79

So, Coupon Rate = Coupon Payment ÷ Face value

= 86.79 ÷ 1000

= 0.08679

= 8.679%

8 0
3 years ago
The Business Auto Coverage Form covers all of the following, except:
bija089 [108]

Answer:

The Business Auto Coverage Form does not cover automatic coverage for physical damage to trailers.

The correct answer is C                      

Explanation:

Trailers used for business purposes may be covered by physical damage coverage but they are not covered by automatic coverage.

3 0
3 years ago
primary authoritative body for determining the measurement focus and basis of accounting standards for governmental fund operati
wlad13 [49]

Answer: Governmental accounting standards board (GASB)

Explanation: GASB is a non governmental organization that helps to develop generally accepted accounting principles for Government (Federal, states and Local).

It was established in the year 1984, it operates an independent, transparent and participatory system with all stakeholders adequately involved in the discharge of its responsibilities. GASB is funded through the accounting supports that it renders to both the brokers and dealers who buy and sell municipal bonds. This supports attracts a certain amount of money which is utilized to run its operations.

5 0
4 years ago
Brittany sold her stock (the basis of $60,000) to her brother, Ridge, for $35,000, the fair market value. Her brother subsequent
igor_vitrenko [27]

Answer:

Brittany sold her stock (the basis of $60,000) to her brother, Ridge, for $35,000, the fair market value. Her brother subsequently sells the stock to the third party for $34,000.

Ridge’s recognized gain or (loss) is ($ 1,000).

Explanation:

The formula for calculating recognized Gain/[loss] is expressed below:

Recognized Gain/[loss] = Sales Price - Fair Market Value at the time of purchase from Brittany

Recognized Gain/[loss] = $ 34,000 - $ 35,000 = [$ 1,000]

Based on the calculation above, Ridge’s recognized gain or (loss) is ($ 1,000).

5 0
4 years ago
2 employees are having a regular conflict with each other and often disturb the team balance. How would you handle the situation
kkurt [141]

Answer:

First of all, I would try to find out the main reason behind that conflict that why they cant work properly with each other in a team. After finding the root cause, I will try to find out the solution. While finding the solution, I will also find what are their common interests and domains, and then I will try to bring them closer to each other by mentioning their common areas. I will also manifests the reason that why they should work together, how they both can benefit from working in a harmony and synchronization. I will tell them that they both can win if they can work smoothly without having any conflict.

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