Answer:
department store
Explanation:
A department store is a type of retailer that offers a wide range of diverse products. Each product group is classified into a department, thus the name "department store". When customers buy products, they usually check out near the exit of the whole department store, although there are some check-out counters in each department. Also, customer service is always present, mostly in the form of numerous sales clerks providing a helping hand.
They can include almost any range of products: toiletries, furniture, home decor, clothes, toys, hardware... Some famous examples are: Le Bon Marché in Paris, Selfridges in the UK, Macy's in the USA...
On the other hand, a <em>discount store</em> usually offers a broad product range, low prices, but little to none customer service. <em>Specialty stores</em> have a narrow target group as they offer a limited assortment.
Venture most likely to attract a venture capitalist
C. A one-year-old e-commerce company
Explanation:
A venture capitalist is an investor who invests private equity and provides capital to the companies that exhibit higher potential of growth in the future or are projected to grow on the rate they are growing.
The venture capitalists usually fund a project in exchange for an equity stake in the business.
This could to a new started venture or pre existing businesses that need to expand to newer levels like the one year old e commerce company which is a booming industry.
Answer: $104.369 million
Explanation:
Given that,
Total Liabilities = $81.319 million
Cash = $8.040 million
Total Assets = $190.768 million
Total Common Stock = $5.080 million
Therefore,
Total assets = Total liabilities + Total stockholders' equity
$190.768 million = $81.319 million + Total stockholders' equity
Total stockholders' equity = $190.768 million - $81.319 million
= $ 109.449 million
Total stockholders' equity = Total common stock + Retained earnings
Retained earnings = Total stockholders' equity - Total common stock
= $ 109.449 million - $5.080 million
= $104.369 million
Answer:
$159,000
Explanation:
We are going to compute an A which is equivalent to $100,000 at the end of 10 years.
Therefore:
A= $100,000 (A/F, 5%, 10)
= $100,000 (0.0795) = $7,950
Infinite series is :
P= A/i= $7,950/0.05= $159,000
Therefore the money needed is $159,000
