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n200080 [17]
3 years ago
6

Caroline is conducting a share point analysis for Bloomingdale's. First, she estimates total industry sales by compiling a list

of all department stores and their sales for the previous year. Next, she estimates Bloomingdale's market share within the industry. To find the value of one share pont, Caroline must do which of the following? (A) Devide Bloomingdale's sales by total industry sales.(B) Compute gross margin per sales point(C) Estimate total industry marketing expanse.(D) Devide total industy sales by 100.(E) Compute the revenues for Bloomingdale's.
Business
1 answer:
Pepsi [2]3 years ago
3 0

The correct answer is B) Compute gross margin per sales point.

Caroline is conducting a share point analysis for Bloomingdale's. First, she estimates total industry sales by compiling a list of all department stores and their sales for the previous year. Next, she estimates Bloomingdale's market share within the industry. To find the value of one share point, Caroline must <em>compute the gross margin per sales point.</em>

Gross margin is part of the income statement that firms or industries need to elaborate every year. This metric indicates a detailed description of a company's revenues, expenses, and profit. When preparing a budget, gross margin defines the limits a company must take into account. That is why Caroline must pay close attention to the calculation and computing.

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Answer:

10%

Explanation:

Since there is no residual value, the full amount invested should be used to calculate the average rate of return. The average rate of return is determined as the average income divided by the invested amount.

If the total income was $10,980,000 over 20 years, the average income is:

I_{avg} =\frac{\$10,980,000}{20}=\$549,000

If the invested amount was $5,490,000, the average rate of return is:

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3 years ago
A registered representative handling a fiduciary account must be aware of the fact that:________.
rosijanka [135]

Answer:

Investment decisions must be made in accordance with the prudent investor rule .

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Explanation:

3 0
3 years ago
Which of the following are elements you should include in meeting minutes? Check all that apply.
GREYUIT [131]

Answer:

The correct answer are A and D.

Explanation:

Meeting minutes is the one which involve the name of the group, time as well as date and the place of the meeting, names of the absentees and attendees, record and reports of old business as well as new business, approval of previous minutes, the precious wording of motions which comprise of action taken and vote and the person signature and name.

6 0
4 years ago
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Ostrovityanka [42]

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the number of codes for cover the coding is 3,200,000

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The computation of the number of codes for cover the coding is as follows:

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