Author Question: If an industry has 25 firms that collectively have 150 million in total sales and the top three ... (Read 101 times)

jace · **on:** Jun 29, 2018

If an industry has 25 firms that collectively have 150 million in total sales and the top three firms in this industry account for 78 million in sales and the fifth through twenty-fifth firms account for 60 million in sales, what is the amount of

sales for the fourth largest firm? A) 12 million
B) 6 million
C) 18 million
D) none of the above

Question 2

The acquisition of more than 10 percent of the shares of ownership in a company in another nation is called

A) portfolio investment.
B) gross private international investment.
C) foreign direct investment.
D) majority investment.