Assists maybe that's ify so sorry
Answer:
----Either similar or identical products --------Difficult entry
----Mutual interdependence
Explanation: An Oligopolistic market is a market characterized by few sellers of large firms who sell either similar or differentiated products. Here, Each firm is mutually interdependent as any action from any firms influences the actions of the rest of the competing firms , therefore decisions are made using strategic planning and consideration as competing firms are ready to counter react to any change in any new market action.
Market entry is difficult Because of the already established customer base of the successful operating firms dominating the market.Also venturing into the market requires high capital, technology or additional government licences. Examples of Oligopolistic firms are oil and gas firms, airlines, mass media etc
Answer:
1. Asset turnover times.
=1.31 times
2. Return on assets. = 7.9%
3. Return on common stockholders’ equity =10.5%
Explanation:
Asset turnover
Asset turnover indicates how efficient a business in the use of asset to generate sales. The higher the number of times the better.
Asst turnover = Turnover /Total asset
= 757,500/577,100
=1.31 times
Return on Asset
Return on asset is measure of the percentage of asset earned as income. The higher the better
Return on assets = Net income/Assets
= 45,500/577,100× 100
= 7.9%
<em />
<em>Return on Equity</em>
This measures the proportion of equity investment earned as net income. The higher the better
Return on Equity = Net income/Equity
Return on commons stockholders
= 45,500/433,400 × 100
=10.5%
Answer: The Customer Still owes 0.05
Explanation:
