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2 years ago

sells general merchandise directly from the manufacturer at a discount; items may be discontinued or have certain product flaws.

1 answer:

3 0

Outlet stores offer general stuff at a reduced price that is sold directly from the manufacturer; certain items may have been discontinued or have manufacturing defects.

Customers might get daily deals and lower pricing at an outlet store. Outlet stores actually started out as locations where merchants offered discounted or damaged goods for sale. Outlets have evolved into stores that satisfy consumer demand for name-brand goods that are reasonably priced and of high quality. In contrast, a retail store's purpose is to sell high-quality goods at retail prices, therefore there aren't many discounts unless there is a sale or special occasion. The quality of the products sold at an outlet store is related.

To learn more about chain stores here

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Based on your understanding of the how these firms differ, identify which of the following are factors that affect multinational

scZoUnD [109]

Answer:

Language differences that make communication challenging among employees and managers.

Cultural diversity that affects the code of conduct of business.

Explanation:

Multinational firms are firms that operates and transact business activities outside their country of incorporation.

Despite the advantages of an extended reach and flexibility in operation , it also faces some challenges.

Language differences as different ethnics and culture are involved ,brings a challenge in communication between employees and manager. Citizen of a francophone nation will struggle to communicate with another from an anglophone country.

Another challenge as mentioned in the question is that the code of conduct could be also be affected due to cultural diversity.

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3 years ago

Cash is King!Good cash management is an essential job of the financial manager! You own a small auto sales business called King

fomenos

Answer:

The solution to the given problem is given below.

Explanation:

1. Do you believe that the company needs outside financing?

Yes, Company needs outside finance total $ 40,000 as $25,000 in month of Feb and $15,000 in month of Apr il.

2. What is the minimum line of credit to request from a lender?

Minimum line of credit needed is $40,000

3. Do you think you are a good candidate for the line of credit? Why?

Yes, we are good candidate for line of credit because we can start repayment by May and repay by July and after repayment we will have ending March Cash balance $100,000 .

Detailed calculations are attached with the image.

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3 years ago

Adams Moving and Storage, a family-owned corporation, declared a property dividend of 1,200 shares of GE common stock that Adams

KATRIN_1 [288]

Answer:

Explanation:

The journal entries are shown below:

1. Loss on Investment A/c Dr $1,800 (1,200 shares × $31 - $39,600)

To GE shares investment A/c $1,800

(Being the adjustment is recorded)

2. Retained earnings A/c Dr $37,200 (1,200 shares × $31)

To Property Dividends Payable $37,200

(Being the entry is made on declaration date)

3. Property Dividends Payable A/c $37,200

To GE shares investment A/c $37,200

(Being the entry is made on payment date)

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3 years ago

Integrated Masters Inc. (IMI) is presently operating at 80% of capacity and manufacturing 116,000 units of a patented electronic

balu736 [363]

Answer:

a. $3.13 per unit

b. No

c Yes

Explanation:

The computation is shown below

a. Fixed overhead per unit is

= Fixed overhead ÷ Number of units manufactured

= $363,000 ÷ 116,000 units

= $3.13 per unit

b. The cost calculation is not appropriate because the fixed overhead per unit is not be involved while calculating the cost

c. Now the acceptance of the offer should be based on total relevant cost which is

Total relevant cost

= $6.1 + $6.1 + $8.1

= $20.3

Since the offer is accepted because total relevant cost is less than the offered purchase price i.e $24.50

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3 years ago

Stephanie works 40 hours a week at a wage rate of $25. This, her total weekly income is $1000. On this income, she pays tot

telo118 [61]

Stephanie's marginal tax rate is 15%.

<u>Explanation:</u>

The Average tax rate is 8%

she pays $3.75 as the tax on $25 which makes tax rate at this point =3.75/25

= 15%

The Marginal tax rate is the percentage of income that has to be paid as tax as a result of a change in the income bracket.

For instance, if tax rate until $1-$1000 is 10%

and for $1000 and above is 20%.

So for every $ earned over and above $1000.The marginal tax rate for that sum is 20%.

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3 years ago