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2 years ago

For retailers, when making decisions regarding place, a key ingredient to success is?

Business

1 answer:

nirvana33 [79]2 years ago

5 0

For retailers, when making decisions regarding place, a key ingredient to success is product placement promotion.

Decisions regarding a place or location are critical to the ultimate success of the retail enterprise. Such as good locations allow ready access, attract large numbers of customers and increase the potential sales of retail outlet. As when promotion in such places increases, so does the sales.

So even slight differences in location can have significant effects on market share and profitability. Deciding where to locate a business has always been important.

Hence, location plays a huge role in attracting and retaining the best customers.

To learn more about retailers here:

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Losses in asset values due to adverse changes in interest rates are borne initially by the

abruzzese [7]

Losses in asset values due to adverse changes in interest rates are borne initially by the equity holders

<h3>Who are the equity holders?</h3>

Equity holders are individual that owns a particular asset that has liabilities attached to them

Equity is expressed as difference between liabilities and assets of a business.

Hence we can conclude that losses in asset values due to adverse changes in interest rates are borne initially by the equity holders

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8 0

2 years ago

Shaniqua's restaurant utilizes a product cost percentage pricing system. What should be the selling price for a steak dinner she

natima [27]

Answer:

option (A) $28.00

Explanation:

Data provided in the question:

Total cost of Shaniqua's plate = $7.00

Desired product cost = 25%

Now,

Let the selling price for a steak dinner be 'x'

therefore,

[(Total cost of plate) ÷ (Selling price)] × 100% = 25%

[ $7 ÷ x] = 0.25

x = $7 ÷ 0.25

x = $28

Hence,

correct answer is option (A) $28.00

4 0

3 years ago

Fill in the blanks:1. ________ reduces the time, effort, and cost of recordkeeping while improving clerical accuracy. 2. _______

Ivan

Answer:

Technology; recording; book keeping

Explanation:

If the organization comes with the latest technology or modern technology, so it reduces the time, cost, effort, of record keeping and at the same time it also improves the accuracy of the transactions

The recording of the business transactions are recorded in the journal by input, measures the transactions and events

And, while recording the business transactions and events manually or electronically is known as book keeping

6 0

3 years ago

Present all the journal entries including the adjustments that would be made on July 31, 2015, the end of the fiscal year, for e

Kamila [148]

Answer:

Account Title Dr Cr

Supplies Expense (22,150+9,350-8,810)..............22690

Supplies....................................................................................22690

Interest Receivable .....................................................450

Interest Revenue .......................................................................450

Rent Revenue.............................................................$7,000

Unearned Revenue...............................................................$7,000

3 0

3 years ago

An office building and its equipment are insured to $7,100,000. The present annual insurance premium is $0.85 per $100 of covera

andrew11 [14]

Answer:

a) 14.74%.

b) 13 years

Explanation:

a. Find the rate of return if the sprinkler system is installed.

P = -$18,000 - $360(P/A,i,20) + ($0.45)($7,100)(P/A,i,20)

= (P/A,i,20)=18000/2835 = 6.35

= $\frac{(1+i)^{20} -1 }{i(1+i)^{20}}$ = 6.35

Solving for i we get,

i =14.74%.

b. With interest at 12%, find the payout period for the sprinkler system.

P = -$18,000 - $360(P/A,12%,n) + ($0.45)($7,100)(P/A,12%,n)

(P/A,12%,n) = 18000/2835 = 6.35

= $\frac{(1+0.12)^{n} -1 }{0.12(1+0.12)^n}$ = 6.35

Using numerical solving to find the real roots of this equation (using a calculator, or Excel), we get n≅12.67 = 13 years. This means the payout period is about 13 years.

7 0

3 years ago