Nigiri Inc

question 51

Multiple Choice

Nigiri inc.began operations on October 1, 2011.During October, Nigiri sold ordinary shares for ¥220,000,000, earned net income of ¥32,000,000, and paid dividends of ¥989,000.Equity at the end of October is

• A)¥252,000,000
• B)¥251,011,000
• C)¥32,000,000
• D)¥31,011,000

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Definitions:

Anticompetitive Effect

Refers to actions that negatively affect competition in a market, including practices like monopoly, price fixing or others that hinder free competition.

Vertical Mergers

A combination of two or more companies involved in different stages of the supply chain process for a specific product or service.

Economic Efficiencies

A measure of how well resources are used to achieve economic goals, minimizing waste and maximizing output.

Clayton Act

A U.S. antitrust law enacted in 1914 to prevent anti-competitive practices in their incipiency and to supplement the Sherman Antitrust Act.