An oligopoly firm is similar to a monopolistically competitive firm in that: Select one: A. both firms are in industries characterized by an interdependent firm B. both firms have market power C. both firms face the prisoner's dilemma D. both operate in a market in which there are entry barriers. Clear my choice

After all revenue and expense accounts have been closed at the end of the fiscal year, income summary has a debit of $2,450,000 and a credit of $3,000,000. at the same date, retained earnings has a credit balance of $8,222,600, and dividends has a balance of $125,000. required: a. journalize the entries required to complete the closing of the accounts on december 31. refer to the chart of accounts for exact wording of account titles. b. determine the amount of retained earnings at the end of the period.

The role of the credit department includes: a. evaluating customers' credit applications to determine whether they meet the company's approval standards. b. approving all credit applications in order to avoid losing sales. c. collecting cash from customers. d. following unwritten approval standards for processing customers' credit applications.

%of the world's population controls approximately % of the world's finances (the sum of gross domestic products)" quizlket