Answer:
2) the time consumers save when purchasing goods there.
Explanation:
Their name explains everything. A convenience store is a store where someone can go and purchase goods easily and without any type of difficulty.
Of course a Walmart is cheaper, but will you travel 20 minutes just to get there, and spend 20 more minutes choosing and paying for a cheap good like a Coke, and then 20 more minutes back home. Whatever you save on buying the Coke, you will spend 50 times more in gas and personal time.
So even if a Coke costs $1 more in a 7-Eleven, it is worth it. You will save a lot of money by purchasing your Coke there.
Answer:
The best next step that the investor should take regarding Praetorianʹs stock is C. Revise her estimate of Praetorian's Dividend Growth
Explanation:
Consider the following calculations
Price = D (1+g)/ (r-g) = 2.5*(1.05)/(0.08-0.05) = $ 87.5
Hence, the stock is underpriced at $ 84 per share
.
Answer:
$0
Explanation:
Under the new IRS regulations applicable since 2018, meals and entertainment expenses are no longer deductible. Until 2017, businesses could deduct up to 50% of the costs of meals and entertainment. A few exceptions still apply but are very specific (e.g.regarding public charities, or company picnics) but none apply to dinners at a nightclub.
Answer: I, II & III
Explanation:
In a typical underwriting arrangement, the investment-banking firm;
I) sells shares to the public via an underwriting syndicate.
II) purchases the securities from the issuing company.
III) assumes the full risk that the shares may not be sold at the offering price.