Because it does not contain any convenience stores, Katy Mills Mall is an example of a(n) _____ shopping center.
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A regional shopping center is a large shopping area which is meant to provide goods and services to people living in a particular area or state and must contain at least a departmental store, and any number of speciality stores.
According to the given question, we are told that Katy Mills Mall has two department stores which are specialty stores, a movie theater and various restaurants.
However, because this shopping center does not contain any convenience stores, then it is a regional shopping center
Therefore, the correct answer is Regional
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Answer:
the acid-test ratio is 0.75 times
Explanation:
The computation of the acid-test ratio is shown below:
We know that
Acid-test ratio is
= Quick assets ÷ current liabilities
= $6,123,000 ÷ $8,144,000
= 0.75 times
Hence, the acid-test ratio is 0.75 times
basically we divided the quick assets from the current liabilities so that the acid-test ratio could come
Answer:
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