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masya89 [10]
2 years ago
7

Martha must drive twenty miles to get to the nearest grocery store. she often buys her daily items from a convenience store near

her home, where healthy options are hard to come by. a sociologist might describe her neighborhood as
Business
1 answer:
Fantom [35]2 years ago
3 0

<span>In the case with Martha, a sociologist might describe her neighborhood as a <u>“Food Desert”</u>.</span>

<span>Food deserts are defined as areas or parts of the country which are vapid of fruits, vegetables and other healthy foods. This is because in these low income communities, consumers are less interested in buying produce since they are more expensive compared to processed foods.</span>

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Deep Hollow Oil issued 135,000 shares of stock last week. The underwriters charged a spread of 8.05 percent in exchange for agre
Neporo4naja [7]

Answer:

The ratio of flotation cost to funds raised is 20.13%

Explanation:

First of all, it is noteworthy that actual amount received per share by Deep Hollow Oil is the issue price minus the underwriting spread of $2.6565 (8.05% of $33),in other words the net issue price is $30.3435

The total amount raised is $ 4,096,372.50 (135000*$30.3435 ),while total flotation costs are as follows:

Underwriting costs                    $ 358,627.50  

Legal and accounting fees       $418,000

Indirect costs                              $48,000

Total flotation costs                   $824,627.50  

However, the flotation costs as a percentage of funds raised is given below:

$824,627.50  /$4,096,372.50=20.13%

6 0
3 years ago
The income statement for the month of June, 2018 of Sarasota Enterprises contains the following information:
BlackZzzverrR [31]

Answer:

b) credit to Rent Expense for $1530

Explanation:

Date Accounts and Explanation     Debit     Credit

         Income Summary                   $5,550

             Salaries & Wages Expense              $2,900

             Rent Expense                                    $1,530

             Advertising Expense                         $740

             Supplies Expense                              $270

             Insurance Expense                             $110

        (To Close the expense accounts)  

8 0
2 years ago
Jared expects to charge $60 per hour for his industrial maintenance business during the following year. He expects to reach 50,0
Nataliya [291]

Answer:

Explanation:

He should work with the 50,000 hours estimate instead of the 40,000 in order to avoid shortage of funds during the business year

8 0
3 years ago
Jack and Scotty begin negotiations where Scotty will give Jack hockey lessons for a certain amount of money per week. While they
nika2105 [10]

Answer:

The best option is a.

The court will award Scotty a reasonable amount for the lessons he already taught.

Explanation:

7 0
3 years ago
Periodic Inventory Using FIFO, LIFO, and Weighted Average Cost Methods
SIZIF [17.4K]

Answer:

LIFO ending inventory $   544.00

Weighted average:      $    565.44‬

FIFO ending invetory:  $   590.00

Explanation:

weighted-average:

1,449 / 41 = 35,34

Ending Inventory

16 x 35.34

LIFo we pick the first 16 units as the latest were sold:

8 units at $ 33  =  $ 264

8 units at $ 35  =  $ 280

Total ending inventory $ 544

FIFo we pick the last as the first one are the first being sold

15 units at 37 = 555

1 unit at 35 =       35

total ending      590

7 0
2 years ago
Read 2 more answers
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