Answer:
b.Treasury stock = $180,000
Additional paid in capital = $70,000
Explanation:
Data provided as per the question below:-
Hobbs shares = 10,000 at $25 shares
Common stock = $18
The Journal entry is shown below:-
Cash
(10,000 × $25) $250,000
Treasury stock
(10,000 × $18) $180,000
Additional paid in capital $70,000
(Being issuance of treasury stock is recorded)
b. Treasury stock = $180,000
Additional paid in capital = $70,000
Answer: The answer is 1,200
The four-firm concentration ratio is a term used to refer to the market share of the four largest firms. In this given example, the total number of output every year is 100 watches per year. Then, 90 of which are coming from the four largest firm. Thus, the four-firm concentration ratio is equal to 90%.
Answer:
The correct answer is D
Explanation:
Perfectly competition market or industry is the one in which it occurs when there exists many sellers, easy entry as well as exiting of firms, products are identical and sellers are the price takers.
Whereas in the single price monopoly, is the one where there is single firm selling the product at their own price, they are price maker. And comparing both at same cost will result in creating less customers surplus as well as create deadweight loss, which result in economic efficiency in relation to utility for producers.