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3 years ago

9

If total sales in the cereal market were $6.5 billion and Kellogg's® sales were $2,850,475,620 what would be its market share? R

ound your answer to the tenth decimal place.

1 answer:

Slav-nsk [51]3 years ago

7 0

Answer: it would have a market share that would be 0.44

Explanation:

Company sales / Industry sales = market share

$2,850,475,620/$6,500,000,000= 0.43853

Rounded: 0.44 would be the market share.

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An engineer is studying the slight differences in the length of roofing shingles that is being produced at his roofing company.

sladkih [1.3K]

Answer:

The statement is: True.

Explanation:

A common-cause variation shows changes because of unknown reasons within a series of undifferentiated produced items. The method aims to measure the accuracy of the manufacturing process given expected factors that could bring fluctuations in the output. Common-cause variations can be attributed to natural reasons such as employees' fatigue or distraction.

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4 years ago

Based on the following information, what is the balance on the current account? Exports of goods and services = $12 billion I

Delicious77 [7]

Answer:

-$7billion

Explanation:

Given that

Exports of goods and services=$12 billion

Imports of goods and services=$14 billion

Net income on investments= -$4 billion

Net transfers= -$1 billion

Increase in foreign holdings of assets in the United States= $6 billion

Increase in U.S. holdings of assets in foreign countries= $3 billion

Recall that

CAB = (X - M) + NY + NCT

Where

X = export

M = import

CAB = current account balance

NY = net income from abroad

NCT = net current transfers

Therefore

CAB = (12 - 14) - 1 - 4

= - $7 billion

4 0

3 years ago

Read 2 more answers

A decrease in the supply of a good can be expected to cause ____ in the equilibrium price of the good and ____ in the equilibriu

JulsSmile [24]

Answer:

Increase, Decrease

Explanation:

A decrease in the supply results in many buyers competing for very few goods. If the demand is constant, the quantity supplied and price have an indirect relationship. A decrease in the volume of supplied results in an increase in price. Many buyers will be competing for a few products causing the equilibrium price to increase.

A decrease in supply will cause the quantity available for buyers to buy to decline. Consequently, the volume purchased will be fewer. Equilibrium quantity will, therefore, decrease.

4 0

3 years ago

Fuzzy Tail Industries produces wooden picnic tables for fuzzy creatures (hamster and squirrel size are its most popular products

scoray [572]

Answer:

7.5 Years

Explanation:

The computation of the payback period of the given machine is shown below:

<u>Year Initial outflow Cash flow Cumulative cash flow</u>

(52000)

1 10,000 10,000

2 10,000 20,000

3 10,000 30,000

4 8,000 38,000

5 8,000 46,000

6 2,000 48,000

7 2,000 50,000

8 4,000 54000

9 4,000 58000

10 4,000 62000

Now the Payback period is

= Completed years+ required cash ÷ annual cash inflow

= 7 years + 2000 ÷ 4000

= 7.5 Years

5 0

3 years ago

Consider the following transactions for Huskies Insurance Company: Equipment costing $30,000 is purchased at the beginning of th

Reika [66]

Answer:

a. Dr Depreciation expense $5,000

Cr Accumulated depreciation $5,000

b. Dr Interest receivable 750

Cr Interest revenue 750

c. Dr Unearned revenue 2,000

Cr Service revenue 2,000

Explanation:

Preparation to record the necessary adjusting entry for Huskies Insurance at its year-end of December 31.

a. Dr Depreciation expense $5,000

Cr Accumulated depreciation $5,000

(Being to adjust for Depreciation of Equipment)

b. Dr Interest receivable 750

Cr Interest revenue 750

(30,000*5%*6/12)

(Being to adjust for accrued interest)

c. Dr Unearned revenue 2,000

Cr Service revenue 2,000

(8,000*3/12)

(Being to adjust for accrued rent revenue)

6 0

3 years ago