Answer:
Merv's Hardware would most likely try to lower the sale price of the sandpaper. In order to do so, the family store would have to reduce the costs of production, both fixed and variable. It might not still be able to match the $29 price offered by The Home Shoppe, but it could expect to rely on convenience for customers because while the Home Shoppe offers a cheaper product, it is located on another town and some customers may not want to go there.
Answer:
after-tax cost of debt 5.2725%
Explanation:
We will solve for the market rate of the bonds which is the one that makes the maturity and coupon payment equal to its current market price:
We sovle it using a financial calcualtor or excel goal seek tool
C 110.000 (1,000 x 11%)
time 10 years
<em>rate 0.070304812</em>
PV $771.5066
Maturity 1,000
time 10 years
<em> rate 0.070304812</em>
PV 506.90
PV c $771.5066
PV m $506.9034
Total $1,278.4100
Now that we find that market rate is 7.03%
we calcautle the after tax cost of debt:
7.03 x (1 - 25%) = 5.2725%
Answer:
The number of days' sales in receivables for Year 2 is 48.7
Explanation:
The formula that is applicable to this scenario is the accounts receivable divided by sales multiplied by 365 days
The number of days' sales in receivables=$11,000/$82,500*365=48.67
The correct option is D, since the 48.67 was simply rounded down to one decimal place.
Answer:
M-commerce
Explanation:
Since in the given situation it is mentioned that Central Park Inc sells the women clothing and currently they shut down the physical store and they are operated now through app based. With this feature, anyone could access anywhere via using the mobile phones also at the same time the customer compared the prices
So this situation represent the mobile commerce or M -commerce as the people can access this from anywhere at any time, it is easy to use also it save the cost and time