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3 years ago

the graph shows the curves facing a profit maximizing monopolistic competitor. label each curve with the appropriate term.

1 answer:

4 0

A monopoly is a market situation in which a good or service is offered by only one company. The existence of a monopoly presupposes that there are no other exchangeable products on the market for buyers.

The conditions that can cause the creation of a monopoly are many: state legislation that prohibits other companies from operating in a market, the overwhelming superiority of a company over its competitors, the neutralization of rivals with appropriate strategies by the monopoly company, and special market characteristics that allow profitably running just one business, between others.

The monopoly company has the ability to influence the quantity or price of a good, as it wants, since it can and does control the market.

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A company is considering a capital investment of $16,000 in new equipment which will improve production and increase cash flows

AnnyKZ [126]

Answer:

PAYBACK PERIOD

Year Cashflow Cummulative cashflow

$ $

0 (16,000) (16,000)

1 8,000 (8,000)

2 6,000 (2,000)

3 5,000 3000

4 6,000

5 5,000

Payback period

= 2 years + 2,000/5,000

= 2.4 years

Explanation:

In this case, we need to deduct the initial outlay from the cashflows for each year until the initial outlay is fully recovered.

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4 years ago

The adjusting entry to decrease merchandise inventory due to lcm computations, includes

AnnyKZ [126]

The adjusting entry to decrease the merchandise inventory under the lower of cost or market value computations includes a debit to the Cost of Goods Sold and a credit to the Merchandise Inventory.

The Lower of Cost or Market Value determines the value of inventory based on either the cost of the item or the market value, whichever is lower.

Thus, since the merchandise inventory decreases by the entry, the cost must be higher than the market value.

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2 years ago

A claim against a customer is known as

Lina20 [59]

Answer:

A claim against a customer is known as an account receivable.

8 0

3 years ago

Tyler Jones is authorized to prepare and sign checks for the company. He also enters the checks into the ledger. He wrote a $500

mina [271]

The fictitious company

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4 years ago

Sky invests $90,000 today and receives a future value 8 years from now of $120,000. Interest is compounded twice per year. Her s

kirill115 [55]

Answer:

Annual interest rate= 3.63%

Explanation:

The rate of return earned on the investment can be worked out using the Future value of a lump sum formula.

The future value of a lump sum is the amount lump would amount to if interest is earned and compounded at a certain interest rate.

The formula is

FV = PV × (1+r)^(n)

PV = Present Value- 90,000

FV - Future Value, - 120,000

n- number of period- 8× 2 = 16 (note interest is compounded twice a year)

r- interest rate per period - ?

120,000 = 90,000× (1+r)^16

1+r)^16= 120.000/90,000= 1.333

(1+r)^16= 1.333

1+r= 1.333^(1/16)

r =1.333^(1/16) -1 = 0.01812

r =0.01812× 100= 1.812%

Bi-annual interest rate = 1.812%

Annual interest rate = Bi-annual rate × 2

Annual interest rate = 1.812% × 2 =3.63%

Annual interest rate= 3.63%

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3 years ago