Answer: D) Cash and carry wholesaler
Explanation: Cash and carry wholesaler is function that place in the wholesale field.It differs from the regular mechanism of retail, in this sector the goods are traded from wholesale field by paying extra payment for delivery, opting self- transportation etc.
The Rosy Sweets Treat's workers visit the Widget suppliers warehouse on monthly basis because they have opted for self transportation to carry the goods from warehouse to restaurant due to less space available for keeping the goods in restaurants and meet the huge amount of merit-in sales.
Other options are incorrect because agent is someone representing on behalf of other company, broker is the individual that sells and buys items for other party and drop shippers don't keep stock items with them rather ship them .Thus, the correct option is option(D).
Answer:
2.68
Explanation:
Data provided in the question:
Reported net sales = $4,502,400
Reported net income = $1,510,000
Reported average total assets = $1,680,000
Now,
The the asset turnover is calculated using the formula as
Asset turnover = ( Net sales ) ÷ ( Average total assets )
or
Asset turnover = $4,502,400 ÷ $1,680,000
or
Asset turnover = 2.68 times
Higher because there is reduction in the list price of tickets for football games.
Answer:
Answer to this question is b.46500
Explanation:
According to 28/36 guidelines, a household shall not spend more than 28% of its monthly income on housing expenses.
Applying the above rule, the monthly income of a household shall be calculated as follows:
28% x household monthly income=1085$
household monthly income=1085/28%=3875
Annual household income=3875 x 12=46500
Answer to this question is b.46500
Answer:
And for the new case we know that the sales increase by a factor of 2%, so then we can find the new number of sales like this:
And the Total August sales would be given by:
And the correct answer for this case would be:
$63,750
Explanation:
For this case the original number of sales for this case is 5000 units and the unitary price is given by 
And the total sales for the original case would be given by:
And for the new case we know that the sales increase by a factor of 2%, so then we can find the new number of sales like this:
And the Total August sales would be given by:
And the correct answer for this case would be:
$63,750
