Consider a market with four firms. suppose the first firm has a 49% market share, the second firm has a 35% market share, the third firm has a 15% market share, and the fourth firm has a 1% market share. using the herfindahl-hirschman index (hhi), what is this market's level of concentration?

The blumer company entered into the following transactions during 2012: 1. the company was started with $22,000 of common stock issued to investors for cash. 2. on july 1, the company purchased land that cost $15,500 cash. 3. there were $700 of supplies purchased on account. 4. sales on account amounted to $9,500. 5. cash collections of receivables were $5,500. 6. on october 1, 2012, the company paid $3,600 in advance for a 12-month insurance policy that became effective on october 1. 7. supplies on hand as of december 31, 2010 amounted to $225. the amount of cash flow from investing activities would be: