A. Identify the basic characteristics of each of the following market models:

i. Pure competition:

A. Very large number of firms
B. One firm
C. No control over price
D. Many obstacles to entry
E. nonprice competition unanswered

ii. Pure monopoly:

A. One firm
B. Few firms
C. Unique product
D. Easy entry
E. Much control over price

iii. Monopolistic competition:

A. Differentiated products
B. Many firms
C. Unique product
D. Difficult entry
E Some price control unanswered

iv. Oligopoly:

A. Few firms
B. nonprice competition
C. Many obstacles to entry
D. No control over price
E. One firm

Salvador county issued $25 million of 5% demand bonds for construction of a county maintenance building. the county has no take-out agreement related to the bonds. it estimates that 20% of the bonds would be demanded (called) by the buyers if interest rates increased at least 1%. at year-end rates on comparable debt were 7%. how should these demand bonds be reported in the government-wide financial statements at year-end? a) $25 million in the long-term liability section of the governmental activities column. b) $5 million in the current liability section of the governmental activities column and $20 million in the long-term liabilities section of the governmental activities column. c) $5 million in the governmental activities column and $20 million would be reported in the schedule of changes in long-term debt obligations. d) $25 million in the current liability section of the governmental activities column

You are the new chief information officer for the video-game developer, necturus games. the company has recently undergone a major expansion of its primary product, and you must staff up the is department and determine the best way to develop new game "capsules" for the game, "escape velocity."

Wallace company provides the following data for next year: month budgeted sales january $120,000 february 108,000 march 140,000 april 147,000 the gross profit rate is 35% of sales. inventory at the end of december is $29,600 and target ending inventory levels are 10% of next month's sales, stated at cost. what is the amount of purchases budgeted for january?