Is the concentration ratio an accurate measure of the extent of competition?

Early in 2017, Sheryl Crow Equipment Company sold 500 Rollomatics during 2017 at $6,000 each. During 2017, Crow spent $20,000 se

sertanlavr [38]

Answer:

Explanation:

Debit $ Credit$

a. Cash 3000000

Sales revennue (500*6000) 3000000

Warranty expenses 55000

Estimated warranty liability 55000

Estimated warranty liability 20000

Cash account 20000

b. Cash account 3000000

Sales revenue (500*6000- 56000) 2944000

Unearned warranty revenue 56000

Warranty expenses 20000

Cash account 20000

Unearned warranty revenue 20364

Warranty revenue (56000*20000/55000) 20364

3 0

3 years ago

When comparing a 10-year bond versus a 1-year bond, the 10-year bond has a much greater interest rate risk. True or false?.

ValentinkaMS [17]

True,When comparing a 10-year bond versus a 1-year bond, the 10-year bond has a much greater interest rate risk

A bond is a sort of financial security in which the issuer owes the bearer a debt and is obligated to repay the principle of the bond as well as interest over a specified period of time, depending on the terms. Interest is normally paid at regular intervals.

Bonds are one way for businesses to raise funds. A bond is a loan made between an investor and a firm. The investor agrees to contribute the corporation a particular sum of money for a set length of time. In exchange, the investor receives interest payments on a regular basis.

To know more about bond follow the link:

brainly.com/question/25965295

#SPJ4

5 0

2 years ago

"Lyla is a little more efficient at making potato soup than Jose. She is a lot more efficient than Jose at making bread. They de

uysha [10]

Answer:

Making bread

Explanation:

Lyta has to specialize in making bread. By specialization, it means that lyta should focus it's productive efforts on making bread, because from the question she clearly has an absolute advantage in making bread Since the question says she is more efficient in making bread compared to the other product. It means she can produce bread in larger quantities at same cost or she can produce same quantity of bread at lower cost.

5 0

3 years ago

A country sells more goods and services to foreign countries than it buys from them. It has Select one: a. a trade surplus and p

GREYUIT [131]

Answer:

a trade surplus and positive net exports.

Explanation:

If a country sells more goods and services to foreign countries than it buys from them, it means the country's export is greater than its import. If export is greater than import, net exports (export- import ( would be postive.

Also, there would be a trade surplus.

A trade surplus is when the value of export is greater than imports.

I hope my answer helps you

5 0

3 years ago

Fooling Company has a callable bond outstanding with a coupon of 10.4 percent, 25 years to maturity, call protection for the nex

erastovalidia [21]

Answer:

The yield to call for this bond is 9.30%

Explanation:

Yield to call

The rate of return bondholders receives on a callable bond until the call date is called Yield to call.

Now use the following formula to calculate the Yield to call

Yield to Call = [ C + ( F - P ) / n ] / [ ( F + P ) / 2 ]

Where

F = Face value = $1,000 ( Assumed )

C = Coupon Payment = Face value x Coupon rate = $1,000 x 10.4% = $104

P = Call price of the bond = Face value + Call Premium = $1,000 + $75 = $1,075

n = Numbers of years to call = 10 years

Placing vlaues in the formula

Yield to Call = [ $104 + ( $1,000 - $1,075 ) / 10 years ] / [ ( $1,000 + $1,075 ) / 2 ]

Yield to Call = 0.0930

Yield to Call = 9.30%

8 0

3 years ago

Is the concentration ratio an accurate measure of the extent of​ competition?

Is the concentration ratio an accurate measure of the extent of competition?