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tangare [24]
3 years ago
12

Nordstrom stores typically have 50 percent more salespeople on the floor than others retailers with stores of similar sizes. its

salespeople are renowned for their professional and personalized attention to customers. nordstrom would be considered a(n __________.
Business
1 answer:
Tamiku [17]3 years ago
4 0
Nordstrom would be known for a strong customer support service. Studies say that a customer would have retention on their mind about a business when they received sufficient attention from the business. I think the company would like to be remembered to have their personal touch in services of their products.
You might be interested in
If the cross-price elasticity of two goods is negative, then the two goods are a. inferior goods. b. normal goods. c. complement
Solnce55 [7]

Option C. If the cross-price elasticity of two goods is negative, then the two goods are <u>complements.</u>

<u></u>

<u></u>

<u></u>

What is Cross-Price Elasticity?

  • Cross-price elasticity measures how sensitive the demand of a product is over a shift of a corresponding product price.
  • Often, in the market, some goods can relate to one another.
  • This may mean a product’s price increase or decrease can positively or negatively affect the other product’s demand.
  • A price increase of a complementary product will lead to lower demand or negative cross-price elasticity, and a price increase in a substitute product will lead to increased demand or a positive cross-price elasticity.
  • Unrelated products have zero cross-price elasticity.
  • For substitute products, an increase in the price of a substitute product increases the demand for the competing product.
  • This is often because consumers always try to maximize utility.
  • The less they spend on something, the higher the perceived satisfaction.

To know more about cross- price elasticity , refer:

brainly.com/question/15308590

#SPJ4

4 0
2 years ago
Diana Mark is the president of ServicePro, Inc, a company that provides temporary employees for not-for-profit companies. Se rvi
Reil [10]

Answer: Please see explanation column for answers

Explanation:

1.To record the Purchase of office supplies on account.

Date         Account titles and explanation         Debit         Credit

April 2                Office Supplies                         $900

Accounts Payable                                                                  $900

2.To record performed services on account

Date         Account titles and explanation         Debit         Credit

April 5            Accounts Receivable                  $4,600

                    Service revenue                                                   $4,600

3.To record office supplies  bought previously on account.

Date         Account titles and explanation         Debit            Credit

April 8         Accounts Payable                           $330

                   Cash Credit                                                            $330

4.To record Payment of  advertising expense for cash

Date         Account titles and explanation         Debit            Credit

April 8         Advertisement expense                 $800

                          Cash                                                                 $800

5.To record the Purchase equipment for cash

Date         Account titles and explanation         Debit           Credit

April 9                Equipment                              $3,100

                               Cash                                                         $3,100

6. To record Paid wage expenses for cash

Date         Account titles and explanation         Debit            Credit

April 10             Wages Expenses                      $2,000

                                   Cash                                                     $2,000

7. To record Collected cash from customers provided services billed April 5.

Date         Account titles and explanation         Debit            Credit

April 11           Cash                                               $1,800

             Accounts Receivable                                                  $1,800

8.To record the Purchase of  land by  signing note and giving a  down payment.

Date         Account titles and explanation         Debit           Credit

April 12           Land                                          $14,000

                     Cash                                                                    $2,800

                Notes payable                                                         $12, 200

9. To record the Issuance of  common stock for building an office

Date         Account titles and explanation         Debit            Credit

April 13        Office Building ( 1700 x$40)          $68,000

                        Common Stock                                               $68,000

10.To record Performed services on account.

Date         Account titles and explanation         Debit             Credit

April 14         Accounts Receivable                  $2,800

              Service Revenues                                                      $2,800

11. To record unpaid utilities bill to be paid in the next month.

Date         Account titles and explanation         Debit             Credit

April 15           Utilities expense                          $700

               Utilities payable                                                          $700

7 0
3 years ago
Marin Company in its first year of operations provides the following information related to one of its available-for-sale debt s
KonstantinChe [14]

Answer:

Explanation:

Available for sale securities are required to be reported at fair value.

Hence the difference between amortized cost and fair value is required to be transferred to other comprehensive income.

The amount of credit loss that Marin should report on this available for sale security at 31-12-2020

= $52,000 - $44,000

= $8,000

8 0
3 years ago
Caliber Corp. currently pays no dividends because it requires its internally generated funds be used to fund a research intensiv
Andreyy89

Answer:

Do =  $2.00

D1= Do(1+g)1 =  $2(1+0.2)1 = $2.40

D2= Do(1+g)2 = $2(1+0.2)2 = $2.88

D3= Do(1+g)3 = $2(1+0.2)3 = $3.456

D4= Do(1+g)4 = $2(1+0.2)4 = $4.1472

D5= Do(1+g)5 = $2(1+0.2)5 = $4.97664

PHASE 1

V1 = D1/1+ke + D2/(1+ke)2 + D3/(1+ke)3 +D4/(1+ke)4 + D5/(1+ke)5

V1 = 2.40/(1+0.15) + 2.88/(1+0.15)2 + 3.456/(1+0.15)3 + 4.1472/(1+0.15)4 + 4.97664/(1+0.15)5

V1 = $2.0870 + $2.1777 +  $2.2723 + $2.3712 + $2.4742

V1 = $11.3824

PHASE 2

V2 = DN(1+g)/ (Ke-g )(1+k e)n                                                                                                                                                                                                                                      

V2 = $4.97664(1+0.02)/(0.15-0.02)(1+0.02)5      

V2 = $5.0762/0.1435

V2 = $35.3742

Po = V1 + V2

Po = $11.3824 + $35.3742

Po = $46.76

Explanation: This is a typical question on valuation of shares with two growth rate regimes. In the first phase, the value of the share would be obtained by capitalizing the dividend for each year by the cost of equity of the company. The dividend for year 1 to year 5 was obtained by subjecting the current dividend paid(Do) to growth rate. The growth rate In the first regime was 20%.

In the second phase, the value of shares would be calculated by taking cognizance of the second growth rate of 2%. In this phase, the last dividend paid in year 5 would be discounted at the appropriate discount rate after it has been adjusted for growth.

5 0
3 years ago
You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year
romanna [79]

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

8 0
3 years ago
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