Answer:
A
Explanation:
A perfect competition is characterized by many buyers and sellers of homogenous goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry.
In the long run, firms earn zero economic profit. If in the short run firms are earning economic profit, in the long run firms would enter into the industry. This would drive economic profit to zero.
Also, if in the short run, firms are earning economic loss, in the long run, firms would exit the industry until economic profit falls to zero.
A monopolistic competition is when there are many firms selling differentiated products in an industry. A monopoly has characteristics of both a monopoly and a perfect competition. the demand curve is downward sloping. it sets the price for its goods and services.
An example of monopolistic competition are restaurants
An Oligopoly is when there are few large firms operating in an industry. While, a monopoly is when there is only one firm operating in an industry.
Oligopolies are characterised by:
price setting firms
product differentiation
profit maximisation
high barriers to entry or exit of firms
downward sloping demand curve
Answer:
Verano Inc. should use its cost of equity capitakl for waste water business = 6%
Explanation:
The appropriate cost of capital to evaluate the business should be for the same business. Here Verano is considering a purchase of another company in the waste water business using equity financing so the cost of equity of the waste water business should be considered for evaluation of the Proposal.
Answer: A. His or her team's performance
Explanation: Usually, when being a team leader, a person is assigned to do some kind of task (depending on a company) along with his other colleagues. He is there to elaborate about the topic and make a decision on how it's going to be presented. Teammates are usually the ones that make suggestions about certain things that include the project. He is the one that represents the whole team and it all ''falls'' on his back if it doesn't go right.
Answer: It is not impaired
Explanation:
Goodwill $ 400,000
Carrying amount. $ 800,000
Fair Value $ 1,000,000
Here, the fair value is more than the carrying amount. When the fair value or
the market value is more than the carrying amount, there is no need of the impairment of goodwill.
a.Goodwill associated with the MLD is not impaired because the fair value is greater than the carrying amount of MLD's net assets including the goodwill.
b. No journal entry is required, since there is no impairment.
In addition to slowly releasing plant nutrients over time, organic matter improves soil structure and the soil's ability to hold water. Healthier soils improve crop yields and reduce soil loss from both wind and water erosion, and protect water quality by reducing contaminated runoff.
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