Answer:
50% share.
Explanation:
Given:
There are only three firms in a market.
The largest firm has sales of $500 million.
The second-largest has sales of $300 million.
The smallest has sales of $200 million.
Question asked:
The market share of the largest firm is ?
Solution:
As we know:
Total sales of the largest company = $500 million.
Total sales of the market = Sales of largest firm + Sales of second largest firm+ Sales of smallest firm
Total sales of the market = $500 million + $300 million + $200 million
= $1000 million
Therefore, the market share of the largest firm is 50%.
Answer:
The total cost of quality the manager should use to report the costs in the internal failure cost category is $297,000
Explanation:
The computation of the internal failure cost is shown below:
= Rework cost + Cost of rejected units
= $257,000 + $40,000
= $297,000
The cost of internal failure includes both the cost of rework and the rejected units.
The other information which is given in the question is not relevant. Hence, ignored it as it would not be considered and thus not taken in the computation part.
Answer:
The answer is: 5 hours 20 minutes; 4 Trucks
Explanation:
Each truck has a 16 minute window to pick up and dump the coal. This process can be observed as an assembly line where each stage of production is the stages of coal transport. When Truck A is travelling to the dump site, Truck B can be loading the coal. When Truck B is travelling to the dump site and Truck A is dumping the coal, Truck C would be loading the coal. When Truck A is travelling to the loading area, Truck B dumping the coal and Truck C travelling to the dump site, Truck D would be loading the coal. Once Truck A gets to the loading area, Truck D would be on its way to the dump site and so on. In each 16 minute window 88 tons of coal (22 tons * 4) is picked up and dumped, that is, 22 tons every 4 minutes. Given that there are 1, 760 tons of coal, the total time taken to dump all the coal is equal to 320 minutes:
88 tons = 16 minutes (22 tons dumped every 4 minutes)
1, 760 tons = (1760 tons * 16)/88 tons = 320 minutes
320 minutes/ 60 minutes = 5 hours 20 minutes
Answer:
Geographic departmentalization
Explanation:
Departmentalization is a process of grouping activities, jobs and people in an organization into departments.
<u>When an organization has its clients located in different regions of a country, it is best to adopt the </u><u>geographic departmentalization</u><u>.</u>
This involves grouping the its activities based on geographic territory, so it can <u>maintain better control</u> and <u>provide products and services that specifically suit the needs of its clients in each region or territory.</u>
Answer:
$9,240 loss recognized
$43,000 basis
Explanation:
Tax basis of share purchase is the cost of share together with any tax related to this purchase.
Mr. Slake's loss recognized on the February 13 sale is $9,240 = total cost of 1,580 share purchased in the past - total amount collected from sales of these share = $49,240 - $40,000 = $9,240
His tax basis in purchase of 1,600 shares on Mar 2 is $43,000, the total cost he paid to acquire 1,600 shares
