All categories

2 years ago

What’s a department store?

1 answer:

azamat2 years ago

6 0

A department store is a large retail store which sells many different items, brands, etc. in separate departments (or, categories). I hope this helps! Can I have Brainliest, please? :)

You might be interested in

A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the

SCORPION-xisa [38]

Answer:

b. a discount.

Explanation:

A reduction from the list price that a seller gives a buyer as a reward for some activity of the buyer that is favorable to the seller is called __a discount._______.

4 0

3 years ago

The Lead City factory makes car batteries. The factory opened in 2014, and by the end of the year, they had made 30,000 batterie

dmitriy555 [2]

Answer:

2017:

Total variable cost= $600,000

Total fixed cost= $1,900,000

2018:

Total variable cost= $800,000

Total fixed cost= $1,900,000

Explanation:

Giving the following information:

The factory opened in 2014, and by the end of the year, they had made 30,000 batteries for a total cost of $2,500,000. In 2015, they made 40,000 batteries for an additional cost of $200,000.

I will assume that the fixed costs remain constant in both years.

We can calculate the variable cost per unit using the incremental cost.

Variable cost per unit= incremental cost/incremental units

Variable cost per unit= 200,000/10,000= $20

Now, we can calculate the fixed costs:

2017:

Total variable cost= 30,000*20= $600,000

Total fixed cost= 2,500,000 - 600,000= $1,900,000

2018:

Total variable cost= 40,000*20= $800,000

Total fixed cost= $1,900,000

6 0

3 years ago

What is financial economies of scale

nekit [7.7K]

Answer:

Financial economies of scale are a type of internal economy of scale. They are economies of scale enable more favourable rates of borrowing. That is, larger businesses are seen by lenders as more reliable or worthy of credit due to their size, whereas smaller businesses will tend to pay higher rates of interest.

4 0

1 year ago

The U.S. award that recognizes firms that meet customer needs, produce high quality products and have high quality internal oper

telo118 [61]

That's the Malcom Baldrige National Quality Award!

6 0

2 years ago

Read 2 more answers

In Macroland there is $12,000,000 in currency. The public holds half of the currency and banks hold the rest as reserves. If ban

Rashid [163]

Answer:

C.$48,000,000; $54,000,000

Explanation:

First we lay out the data

Currency (C) = $6,000,000

Reserves (R) = $6,000,000

Reserve-Deposit Ratio (rr) = 12.5%

To find deposits we simply solve a rule of three. Reserves are 12.5% of what deposits are:

X 100%

6,000,000 12.5%

6,000,000 x 100/12.5 = 48,000,000

So Deposits (D) are $ 48,000,000

Now, to find the money supply, we must solve this equation

M = m x B

Where M = Money supply, m = money multiplier and B = monetary base

Monetary base is equal to currency in hands of the public + reserves, so:

B = C + R

B = $6,000,000 + $6,000,000

B = $12,000,000

The money multiplier equals to

m = (cr + 1)/(cr + rr)

cr is currency - deposit ratio

In this case currency is $6,000,000 and deposits are $48,000,000, so the currency-deposit ratio (cr) is the same as the reserve-deposit ratio (rr) = 12.5%

Now we plug the amounts into the formula, remember that we must convert percentages into decimals when solving an equation:

m = (0.125 + 1) / (0.125 + 0.125)

m = 4.5

Finally, we can solve for the money supply. Money supply is equal to the monetary multiplier times the monetary base:

M = m x B

M = 4.5 x $12,000,000

M = $54,000,000

8 0

3 years ago