All categories

3 years ago

Ch.11 what are the four characteristics used to classify retailers?

2 answers:

Studentka2010 [4]3 years ago

7 0

<span>There are four characteristics used to classify each retailer. These are used to satisfy each and every customer's needs. The first one is the type of merchandise they sell. Second is the level and type of customer service given. This is the type of merchandise sold at the retail store. The last characteristic is the price of the merchandise being sold at the retailer.</span>

denpristay [2]3 years ago

3 0

<span>Four characteristics used to classify retailers:

1. measure of good or services the retailer is going to offer
2. the broadness and profundity of their product offerings
3. relative costs they charge
4. how they are composed</span>

You might be interested in

"Suppose the government guarantees the price of carbon. At this price, the payoff after 1 year is $120,190 for sure. What is the

In-s [12.5K]

Answer: a. U.S. Treasuries with 1 year to maturity

Explanation:

The Government guaranteed the price of the carbon and the payoff is to be one year later.

The opportunity cost will therefore be a similar Government security to the payoff term of the carbon sale which is 1 year.

The Government security with a similar payoff term is the US Treasury bill with 1 year left till maturity and this will be the opportunity cost because instead of the Government issuing and paying out that security they will instead pay for the carbon.

4 0

3 years ago

A company's income before interest expense and income taxes is $575,000 and its interest expense is $145,000. Its times interest

34kurt

Answer:

3.96

Explanation:

A company's Time Interest Earned ratio shows us its ability to pay its debts.

The income before expenses is given as: $575000

The interest expenses = $145000

The question wants us to find time interest earned ratio. We get this by:

Company's initial income/interest expenses

= $575,000/$145,000

= 3.96

This is the correct answer to the question. The right answer was not listed in the options.

4 0

3 years ago

As the economy declines into recession, the collection of personal income tax revenues automatically falls. this phenomenon best

abruzzese [7]

This phenomenon best illustrates how a progressive income-tax system serves as an automatic stabilizer for the economy.

<h3>What is an automatic stabilizer?</h3>

Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . Examples include progressive tax and transfer payments. A progressive tax is a tax structure where those who earn higher income are taxed more and those that earn less pay less amount of tax.

In an expansion, progressive tax increases the tax paid and this reduces disposable income. In a recession, tax paid is reduced and this increases disposable income

Here are the options:

increases crowding out in the economy

decreases real interest rates in the economy

offsets the timing problem for fiscal policy

Serves as an automatic stabiler for the economy

To learn more about taxes, please check: brainly.com/question/25311567

#SPJ1

8 0

2 years ago

XYZ corporation acquired two inventory items at a lump-sum cost of $100,000. The acquisition included 3,000 units of product 1P,

mina [271]

Answer:

b. $11,250

Explanation:

We are asked to know the gross profit:

gross profit: sales revenue - COGS

in this case sales revenue 1,000 units x $ 30 = 30,000

for COGS we will calculate with weighted average based on the sales price:

3,000 x 30 + 7,000 x 10 = 90,000 + 70,000 = 160,000

the cost of 160,000 dollars of sale is 100,000

we cross multiply for 30,000:

100,000 / 160,000 x 30,000 = 18,750 cost

now we solve for gross profit:

sales 30,000 - cost 18,750 = 11.250

6 0

4 years ago

When evaluating the six-step decision-making process, what occurs during the solution implementation step? the process will begi

worty [1.4K]

The answer is the solution that best solves the problem is selected.

During the solution implementation step you should already have determined which solution you would apply to solve the problem that you encounter. By determining which solution to implement, you are on your way to solving the problem that requires your decision-making. If the solution proves to be unsuitable later on, you can refine it later on.

6 0

3 years ago

Ch.11 what are the four characteristics used to classify​ retailers?

Ch.11 what are the four characteristics used to classify retailers?