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2 years ago

Oligopolistic firms have been called what as this lesson has mentioned

Business

1 answer:

tia_tia [17]2 years ago

7 0

Answer: B. Cats in a bag

Explanation:

oligopolistic firms is a small number of firms who realize that they all constitute such a small number of firms that they enjoy a lot of power together. so together they are cats in a bag.

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Robert Klassen Manufacturing, a medical equipmentmanufacturer, subjected 90 heart pacemakers to 5,000 hours of testing. Halfwa

scoray [572]

Answer and Explanation:

The computation is shown below:

a. For the percentage of failures is

= Number of failures ÷ number of pacemakers tested

= 4 ÷ 90

= 4.4%

b. For Number of failures per unit-hour of operating time

= Number of failure ÷ total time - non-operating time

= 4 ÷ (5,000 × 90) - (5,000 ÷ 2 × 4)

= 4 ÷ (450,000 - 10,000)

= 4 ÷ 440,000

= 9.09 × 10^-6

= 0.00000909 failure per unit-hour

c. For Number of failures per unit-year is

= Failure ÷ unit year

= 0.0000090909 × 24 hours × 365 days

= 0.07963 failure per unit-year

5 0

2 years ago

For each of the annual inflation rates given in the following table, first determine the new price of a movie ticket, assuming i

Mazyrski [523]

Answer:

see below

Explanation:

The balance in Lucia's account is 1.05 times the original deposit, reflecting addition of 5% interest for the year.

The ticket price is the original price multiplied by (1 + inflation rate). The number of tickets that Lucia can purchase is the account balance divided by the ticket price. The quotient is rounded down to the nearest integer.

The "real interest rate" is the percentage change from the original number of tickets that could be purchased.

6 0

3 years ago

Using the indirect method calculate the amount of net cash flows from operating activities from the following data.

e-lub [12.9K]

Answer:

Net cash: $199,600

Explanation:

First, we need to identify the increase and decrease in accounts:

+) Decrease in Account Payable = Beginning Account Payable - Ending Account Payable = 12,000 - 11,200 =$8,000

+) Decrease in Account Receivable = Beginning Account Receivable - Ending Account Receivable = 20,000 - 17,600 = $2,400

+) Increase in Prepaid Expense = Ending - Beginning = $5,600 - $4,000 = $1,600

Net cash flows from operating activities of the company can be calculated in indirect method as follow:

Net income $166,000

<em>Adjustments to reconcile the net income to net cash flow from operating activities:</em>

Decrease in account payable ($11,200)

Depreciation Expense $40,800

Amortization of intangible assets $3,200

Decrease in Account Receivable $2,400

Increase in Prepaid Expense ($1,600)

=> Net cash provided = Net income - Decrease in accountable + Depreciation Expense + Amortization of intangible assets + Decrease in Account Receivable - Increase in Prepaid Expense

= 166,000 - 11,200 + 40,800 + 3,200 + 2,400 - 1,600 = $199,600

Net cash: $199,600

3 0

3 years ago

Kingbird Inc. owns equipment that cost $672,000 and has accumulated depreciation of $174,000. The expected future net cash flows

aev [14]

Answer:

Explanation:

In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset

In mathematically,

= Book value - fair value

where,

Book value = Equipment cost - accumulated depreciation

= $672,000 - $174,000

= $498,000

And, the fair value is $384,000

Now put these values to the above formula

So, the value would equal to

= $498,000 - $384,00

= $114,000

Now the journal entry would be

Loss on impairment A/c Dr $114,000

To Accumulated depreciation A/c $114,000

(Being the impairment loss is recorded)

4 0

3 years ago

Luck is what happens when preparation meets opportunity.

elena-s [515]

Answer:

Roman philosopher Seneca once said, “Luck is what happens when preparation meets opportunity.”

Explanation:

4 0

1 year ago