Which factor would credit card companies most likely use to determine an

A collusive agreement between two firms is likely to break down when ____________. A. it is easy to punish cheaters. B. firms v

AnnZ [28]

A collusive agreement between two firms is likely to break down when detection of cheaters is difficult .

Option D

<u>Explanation: </u>

Collusion is a secret agreement between two or more parties to suppress open competition by misleading, lying or defrauding others of their rightfulness or achieving a goal prohibited by law that usually is to defraud or gain an unacceptable market advantage.

It is an agreement between companies or individuals that divides a market establishes prices, limits or limits production opportunities. It can include "strike, pay manipulation, kickbacks or the freedom of the relationship between the two parties." All collusion-driven actions are considered null and void legally.

In the USA, Canada collusion is illegal because of antitrust legislation, but implicit collusion even now takes place in the method of price management and tacit agreement.

Example: Google and Apple announced that both firms decided not to hire people to work together to stop wage growth in 2015, a statement against bullying collusion by employees.

3 0

3 years ago

Preparing statement of cash flows LO P2, P3.Use the following information of VPI Co to prepare a statement of cash flows for the

suter [353]

Answer:

$85,500

Explanation:

VPI CO. Statement of Cash Flows (Indirect Method) For Current Year Ended December 31

Cash flows from operating activities

Net Income $ 27,000

Adjustment to reconcile net income to net cash provided by operating activities:

Income statement items not affecting cash

Depreciation expnese $ 4,400

Gain on sale of machinery $ (2,100)

Changes in current operating assets and liabilities:

Increase in inventory $ (5,400)

Increase in accounts payable $ 1,700

Decrease in accounts receivable $ 3,000

Net cash generated from operating activities $ 28,600(A)

Cash flow from investing activities:

Cash received from sale of Inventory $ 9,700

Net cash generated from investing activities $ 9,700 (B)

Cash flow from financing activities:

Cash received from issuing stock $8,600

Cash paid for dividends $ (1,400)

Net cash generated from financing activities (8,600-1,400) $ 7,200 (C)

Net increase in cash and cash equivalents (A+B+C) $ 45,500

Add: Beginning cash balance $40,000

Ending cash balance $85,500

8 0

4 years ago

West Co. paid $50,000 for an intangible asset other than goodwill. Fair value of the asset is $55,000. West signed a contract to

gulaghasi [49]

Answer:

$4,000

Explanation:

Intangible assets are usually amortized using the straight line depreciation method.

Depreciation expense = ( Cost - Salvage value) / number of years

= ($50,000 - $10,000)/ 10 = $4000

I hope my answer helps you.

3 0

3 years ago

The following is a condensed version of the comparative balance sheets for Pearl Corporation for the last two years at December

Maksim231197 [3]

Answer:

Balance Sheets

2020 2019 Deviation

$292,050 $128,700 $163,350 Cash

$163,350 Cash Flow Ind Method

$264,000 Net Income

$28,050 Depreciation

-$49,500 Dividends

$36,300 Investments

$8,250 Accounts Receivable

-$28,050 Current Liabilities

-$95,700 Property and Equipment

Explanation:

To prepare the statement of cashflow it's necessary to calculate the difference between the balance on each year.

First we need the value of the Net Income and Depreciation of the year as initial value of the cash flow ($264,000+$28,050),

then we deduct the amount of dividends paid during the year (-$49,500).

Then we begin to calculate the Assets section, everytime that the Assets are higher than the past year we have to put money

from the cash flow to compensate the assets increase and vice versa, with exception of the Cash Accounts that we are calculating.

Per Example: Accounts Receivable +$8,250 and Investments +$36,300.

Property decreased Cash flow which means that we buy some assets (-$97,500 )

Then with the Liabilities we do the same but in this case an increase in the liabilities means we have more money to our cash flow,

per example, an increase in the accounts payable means that we paid less to our suppliers so we have the money in the cash accounts.

Total Current Liabilities decrease $28,050 , we paid more liabilities than the past year, so we have to use cash.

To complete the cash flow statement it's necessary that the amount of the statement be equal to the deviation in the cash account between the past year and the current one

6 0

4 years ago

After sugar refiner has produced fine sugar for baking purposes, what is left over is used to produce molasses. This technology

Blizzard [7]

Answer:

ECONOMIES OF SCOPE

Explanation:

Economies of Scope concept implies producing different , but related products will reduce the per unit cost of production of the firm (relatively lesser than if the products would have been produced separately.

This happens because of backward & forward linkages in interrelated but different goods' inputs & outputs .

Ex : In this case, another byproduct - molasses has been produced of waste from sugar production, which could have otherwise been purchased input.

Economies of Production is cost reduction due to quantity & not variety production. Diseconomies of Scale & Diseconomies of Scope are their opposite phenomenas leading to cost rise . So , none of these 3 are apt.

6 0

3 years ago