Table 16-1 the Following Table Shows the Percentage of Output Supplied by Supplied

question 142

Multiple Choice

Table 16-1
The following table shows the percentage of output supplied by the top eight firms in four different industries.

-Refer to Table 16-1.What is the concentration ratio in Industry Z?

• A) 36%
• B) 51%
• C) 62%
• D) 67%

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Definitions:

Accounts Receivable Policies

Guidelines and procedures a company follows to manage money owed by customers for goods or services delivered on credit.

Shares of Stock

Shares, as units of corporate or asset ownership, provide an even allocation of profit distributions in the guise of dividends, pending announcements.

Cash Flow

A financial term describing the net amount of cash and cash-equivalents being transferred into and out of a business.

Firm's Assets

All owned resources with economic value that an entity (firm) possesses, anticipated to provide future benefits.