Answer:
$16.8 million
Explanation:
Calculation to determine What amount should Carter report as net cash from investing activities
($ in millions)
Cash Flows from Investing Activities:
Proceeds from sale of marketable securities $37
Proceeds from sale of land $13
Less Purchase of equipment for cash ($23)
Less Purchase of patent for cash($10.2)
Net cash inflows (outflows) from investing activities $16.8
Therefore the amount that Carter should report as net cash from investing activities is $16.8 million
Answer:
"The concentration ratio provides a measure of the extent to which an industry is dominated by a small number of firms.
Explanation:
Let us assume that there are 20 firms in the paper milling industry with a total sales of $40 billion per annum. From these 20 firms, 4 firms have annual sales totalling $25 billion. With these assumptions made, we can calculate the concentration ratio as the "Annual sales of the 4 firms divided by the Industry's annual sales, and then multiplied by 100." Our calculation produces a concentration ratio of 62.5%. This concentration ratio shows the dominance of these four firms in the paper milling industry. The remaining 16 firms control 37.5% (100% - 62.5%) of the annual sales in the industry. This examples explains what a concentration ratio is and how the calculation can be carried out.
Answer:
Ricardo should specialize in the production of computer because it has a lower opportunity cost.
Smith should specialize in the production of smart phone because of the lower opportunity cost.
Explanation:
The opportunity cost for Smith to produce 1 computer is 4 smartphone(s).
1:4
The opportunity cost for Ricardo to produce 1 computer is 2 smartphone(s).
1:2
The opportunity cost for Smith to produce 1 smartphone is 1/4 of a computer(s).
1:1/4
The opportunity cost for Ricardo to produce 1 smartphone is 1/2of a computer(s).
1:1/2
Ricardo should specialize in the production of computer because it has a lower opportunity cost.
Smith should specialize in the production of smart phone because of the lower opportunity cost.