9 . Big Firm (BF) is planning a merger with Minor Player (MP). BF has a market share of 50 percent and MP has a market share of 10 percent. If this merger goes ahead as planned, it will lead to an increase in the Herfindahl-Hirschman Index (HHI) by
a. 500
b. 2000
c. 5000
d. 1000
d
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Using the indirect method, an increase in accounts payable would be shown as a(n)_____________in the _____________Activities section of the statement of cash flows
Fill in the blank(s) with correct word
Steinman Construction Company uses the percentage-of-completion method for long-term construction contracts. The company has a project with a contract price of $7,000 on which $600 of gross profit has been recognized in prior years. Information for the current year is as follows: Total cost incurred through current year ............... $5,000 Estimated costs remaining at end of current year
....... 2,800 What is the loss that Steinman should recognize in the current year? a. $600 b. $800 c. $1,400 d. No loss should be recognized.
Which of the following is NOT included in a Failure Mode and Effects Analysis?
A. Probability B. Detection C. Risk value D. Impact E. All of these are included
What tort has been committed when one party deceives another to obtain property from that innocent person?
A) Civil fraud B) Trespass C) Assault D) Misappropriation