Answer:
Characteristics of Monopolistic Competition: -
- Large number of firms
- Product differentiation
- No entry and exit cost in the long rim
- Challenging entry
Characteristics of Perfect Competition: -
- Large number of firms
- Identical products
- Easy to entry and exit
Characteristics of Oligopoly: -
- Few numbers of firms
- Identical or differential product
- Significant barriers to entry
Characteristics of Monopoly market: -
- Single firm
- No entry for new firms
Scenario 1
Number of firms = Many
Type of product = Differentiated product
Entry = Challenging
Market Model = Monopolistic
Scenario 2
Number of firms = Many
Type of product = Homogeneous product
Entry = Easy
Market Model = Perfectly competitive
Scenario 3
Number of firms = Few
Type of product = Identical product
Entry = Challenging
Market Model = Oligopoly
Answer:
c. 12%; 15.7%
Explanation:
The computations are shown below:
For expected rate of return:
= (Weightage of risky asset × return of risky asset) + (Weightage of treasury bill × return of treasury bill)
= (0.70 × 0.15) + (0.30 × 0.05)
= 10.5% + 1.5%
= 12%
For standard deviation:
= Weightage of risky asset × (variance ^ half)
= 0.70 × (0.05 ^ 0.5)
= 15.7%
Answer:
<u>Financing </u>
Explanation:
Financing refers to usage of money and funds to finance the marketing agencies and promotions, in addition to financing the movement of goods through different channels of distribution.
Retailers usually use credit schemes to induce customers such as, payment in installments with zero interest payments. Such schemes enhance sales and also build consumer trust.
In the given case, Appliance Depot offers credit services whereby customers are granted convenient payment terms such as no down payment and interest free installments. This represents the marketing function of financing wherein the retailer facilitates financing customer's purchase via such credit schemes.
Answer:
there are no options, but the journal entry should be:
Dr Cash 2,500
Dr Investment in bonds 350
Cr interest revenue 2,850
Explanation:
Since the bonds' carrying value is less than the face value, it means that Gardner Company purchased them at a discount. When the bonds were purchased, the investment in bonds account's balance was not $100,000 (the par value), instead it was recorded at the lower amount at which they were purchased. As coupon payments are received, the discount on the bonds is amortized and their carrying value should increase until it reaches par value on maturity date.
Answer:
$374,900
Explanation:
Doctor Company Statement of Cash Flow
Net Income $307,000
Reconciliation of net income to net cash:
Depreciation expense 32,000
.
Decrease in accounts receivable 50,000
Increase in inventory (12,000)
Decrease in accounts payable (8,600)
Increase in income taxes payable 1,500
Loss on sale of land 5,000
Net cash provided (used)by operating activities $374,900
