Checking accounts at a local bank carry an average balance of $3,000. The bank turns over its balance 6 times a year.

Retailer opened a baseball card store in vacant prem- ises next to an existing store. The card shop was very busy on opening day

shtirl [24]

Answer:

No

Explanation:

This was a mistake on the retailers part for not training the clerk. The clerk would be at fault and may have to pay or have a paycheck reduction due to his mistake.

3 0

3 years ago

Allison has a horse stall cleaning business that has been growing rapidly since she started it three years ago. She estimates th

Reil [10]

Answer: 13.2%

Explanation:

Given data:

No of stores in the market = 5000

No. of store owners = 2000.

Allison charges = $8/month

Sam charges = $8/month.

Solution:

The market penetration rate would be calculated based on potential customers.

Using our general formula,

Market penetration=Numbers of customers who purchased Allison derived sales and Sam derived sales /Total potential population

Where,

Total potential population=1,500

•Allison derived sales = 129 customers

•Sam derived sales = 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales=129 customers+ 69 customers

•Numbers of customers who purchased Allison derived sales and Sam derived sales =198 customers

Let’s input this into our general formula.

Market penetration

= 169 customers/1,500

= 0.132*100

= 13.2%

The market penetration rate based on potential customers is 13.2%

8 0

2 years ago

Sometimes you find yourself getting off-task because your boss keeps piling on the work, and you aren't sure what to prioritize.

Reptile [31]

Answer:

B. ask you boss which stuff takes priority and then make a list to remember.

Explanation:

8 0

3 years ago

1. What kind of financial information is a publicly traded company required to provide to its stockholders? Which financial stat

qwelly [4]

Answer:

1. For a public traded company it is required to share its complete set of Financial Statements which include Balance sheet, Profit or loss statement, Cash flow statement, statement of changes in equity and notes to the accounts. For investors the best information comes from Profit or Loss statement because majority of investors are concerned with the profitability of the company which ultimately results in dividend.

2. a. The ratios analysis have some limitations, the ratios are generally compared with past year ratios which neglects the business/ Industry environment and if the ratios are compared with industry norms, past performance of the company is neglected.

b. Profitability ratios are the most important and that is why they are calculated first.

3. Net Cash flow for Crooked Golf is $30,000

Explanation:

1. For a public traded company it is required to share its complete set of Financial Statements which include Balance sheet, Profit or loss statement, Cash flow statement, statement of changes in equity and notes to the accounts. For investors the best information comes from Profit or Loss statement because majority of investors are concerned with the profitability of the company which ultimately results in dividend.

2. a. The ratios analysis have some limitations, the ratios are generally compared with past year ratios which neglects the business/ Industry environment and if the ratios are compared with industry norms, past performance of the company is neglected.

b. Profitability ratios are the most important and that is why they are calculated first.

3. Net Csh flow for Crooked Golf is $30,000.

Calculated as follow,

$90,000 - $60,000

Depreciation is non Cash flow.

4 0

3 years ago

Pronunciation and enunciation have all of the following in common except a. Both involve how you articulate b. Both are importan

kompoz [17]

Answer:

both are tied to nonverbal communication

8 0

2 years ago