1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
earnstyle [38]
3 years ago
7

A ________ is a retail firm owned by its customers. Members contribute money to open their own store, vote on its policies, elec

t a group to manage it, and receive dividends.
Business
1 answer:
myrzilka [38]3 years ago
3 0

Answer:

A consumer co-operative

Explanation:

A consumer co-operative is a type of retail business owned by an association of consumers. The consumers who form the venture manage it and share in its profits. The main objective of starting a consumer co-operative is to eliminate intermediaries.

A consumer co-operative has the benefit of economies of scale as it purchases in bulk. It can afford to offer its members more competitive prices. Members of the co-operative share profits in the ratio of capital contribution. Their liability is limited to share contribution. Membership is voluntary, and they usually transact on a cash basis.

You might be interested in
Which part of your uniform must be worn at all times (select all that
Elina [12.6K]

Explanation:

closed-toed footwear.

6 0
2 years ago
Bank A quotes a bid rate of $0.300 and an ask rate of $0.305 for the Malaysian ringgit (MYR). Bank B quotes a bid rate of $0.306
Artemon [7]

Answer: $1639.3

Explanation:

From the question, we are informed that Bank A quotes a bid rate of $0.300 and an ask rate of $0.305 for the Malaysian ringgit (MYR) and that bank B quotes a bid rate of $0.306 and an ask rate of $0.310 for the ringgit.

The profit for an investor that has $500,000 available to conduct locational arbitrage goes thus:

Purchasing Malaysian ringgit (MYR) from bank A at the ask rate will be:

= $500,000/$0.305

= 1,639,344.3

Selling the Malaysian ringgit (MYR) at bank B based on the ask rate will be:

= 1,639,344.3 × 0.306

= $501,639.3

The profit for an investor that has $500,000 available to conduct locational arbitrage will be:

= $501,639.3 - $500,000

= $1639.3

5 0
3 years ago
Which ad format gives viewers the choice of whether or not to watch your ad, and helps drive brand consideration?
guajiro [1.7K]
The correct answer is:
TrueView ads

Source, explanation and more info: <span>https://goo.gl/RE2D3U</span>
4 0
3 years ago
The product of sports marketing at the university of alabama are seats at the home games.
Lapatulllka [165]
The answer is true because it is true

3 0
3 years ago
A newly created design business called Smart Art is just finishing up its first year of operations. During the year, there were
vladimir2022 [97]

Answer:

Bad debts expenses shall be $ 850

Explanation:

The balance in the bad debts expense account shall be the aggregate of the amounts written off and the estimated uncollectible accounts based on ageing at the year end.

Amount written off during the year                                                 $ 650

Estimated uncollectible account provided at year end                 <u>$ 200</u>

Total Bad Debts expenses                                                               $ 850

4 0
3 years ago
Read 2 more answers
Other questions:
  • A(n) _____________ questionnaire measures what it was intended to measure in the population being assessed.
    8·1 answer
  • What will happen in a market where a binding price floor is removed? Group of answer choices The price or quantity of the produc
    13·1 answer
  • Tom, the store manager, recently had to fire Jan, an employee who graduated from Paradise College. He felt that Jan was not well
    11·1 answer
  • Why is a long term consequence of paying less than the minimum amount due on your bills
    6·1 answer
  • What document provides continuity when multiple doctors are working on the same patient?
    6·1 answer
  • Match each type of tax with an example of its use.
    7·1 answer
  • According to the Florentine humanist, Leonardo Bruni, history should be studied first (after a mastery of Latin grammar) because
    11·1 answer
  • Barbara buys 100 shares of DEM at $35 a share and 200 shares of GOP at $40 a share. She buys on margin and the broker charges in
    15·1 answer
  • What is 5x6x4x i need help i really dont
    12·2 answers
  • Rather than relying on inspections to ensure quality, problems should be_____ out of a product or process
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!