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dalvyx [7]
3 years ago
5

In the last decade or so, there has been a dramatic expansion of small retail convenience stores (such as 7-Eleven, Kwik Shop, a

nd Circle K), although their prices are generally much higher than prices in large supermarkets. What explains the success of the convenience stores?
Business
1 answer:
ELEN [110]3 years ago
6 0

Answer:

They are time saving, they are on hand near, and openened usually 24/7.

Explanation:

They are largely successful due to them being placed in areas of convenience and people aremore willing to buy expensive products if it will save them the time of going to asupermarket and getting what they need.

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Preston Woods has 17,500 shares of stock outstanding along with $408,000 of interest-bearing debt. The market and book values of
professor190 [17]

Answer:

The enterprise value is $926,450

Explanation:

First,  we need to calculate Earnings per share (EPS) as follow

EPS = Net profit / Numbers of outstanding shares = (

Where

Net Profit = Sales x Profit Margin = $697,000 x 6.8% = $47,396

Numbers of outstanding shares = 17,500 shares

Placing values in the formula

EPS = $47,396 / 17,500 shares = $2.71 per share

Now calculate market capitalization as follow

Market Capitalization = Price of stock x Numbers of outstanding shares

where

Price of stock = Price earning ratio x earning per share = 11.8 x $2.71 = $31.98

Numbers of outstanding shares = 17,500 shares

Placing values in the formula

Market Capitalization = $31.98 x 17,500 = $559,650

Enterprise value can be calculated using the following formula

Enterprise Value = Market capitalization + Value of debt - Cash

Where

Market capitalization  = $559,650

Value of debt = $408,000

Cash = $41,200

Placing values in the formula

Enterprise Value = $559,650 + $408,000 - $41,200

Enterprise Value = $926,450

5 0
3 years ago
Exercise 5-2: Answer the questions in the space provided. Use the following abbre-
kkurt [141]

Answer:

Explanation:

i dont know

3 0
3 years ago
A trade deficit means that net exports are positive. <br> a. True <br> b. False
pentagon [3]
The answer you are looking for is false.
Hope it helps :)
5 0
3 years ago
Which of the following is not one of the conditions that make it more likely that firms will be able to coordinate their efforts
tatyana61 [14]

Answer:

The condition that make its difficult for firms to coordinate their efforts to control output quotas and pin point cheating is A) when market demand tends to be more volatile.

Explanation:

All the options except A will make it difficult for firms to control output quotas and detect cheating. From reading the options B,C and D it is quite clear that in the market there is a presence of cartel ( which can be defined as a association of producers in an industry who comes together to set the prices and output quotas ) but even if there is presence of cartel in industry, the efforts to restrain output will fail if the demand of the products and services in volatile in the market, it would become difficult for them to pin point where the cheating has taken place.

3 0
4 years ago
JOSEPH HAS TAKEN A SICK DAY, ALTHOUGH HE IS NOT ACTUALLY SICK. THIS IS AN EXAMPLE OF A DECISION THAT IS LEGAL, BUT NOT _____
Lyrx [107]

The correct answer would be, Ethical.

Joseph has taken a sick day, although he is not actually sick. This is an example of a decision that is legal but not Ethical.

Explanation:

Ethics are basically the moral principles that shape a person's behavior. This is something which tells us that how a person morally behaves in a situation.

In businesses, there are some code of conducts that are the rules and regulations, prescribed by the companies.

When a person violates a moral principle, it is called as the Ethical Violation. There is usually no legal action against the ethical violations, but it is not always the case. People may be charged for violating the code of conduct in organizations.

Decisions like taking a day off due to sickness when you are not actually sick is an example of decision which is legally right but ethically, it is totally wrong.

Learn more about Ethical Violations at:

brainly.com/question/13807907

#LearnWithBrainly

6 0
3 years ago
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