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SVEN [57.7K]
3 years ago
14

Availability or having a product in stock is a primary distribution concern for convenience products

Business
1 answer:
juin [17]3 years ago
8 0
True

As the name suggests, convenience products are made for people's convenience, and so it is not surprising to note that they must be in relatively high demand. This high demand for the product means that there is the possibility of running low in supply if the current available stock is not enough to meet the demands. Therefore, having these products in stock regularly and consistently can become a primary distribution concern indeed. 
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A ______ inventory turnover ratio may result in a reduction in storage and obsolescence costs as well as reduced borrowing.
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The answer is higher so it’s higher
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2 years ago
Allyson Gomez invests $8,000 today in an investment that earns 6 percent per year (compounded annually) for 25 years. The averag
REY [17]

Answer:

B

Explanation:

The first thing to do here is to calculate what the amount of money invested would be in 25 years given the interest rate.

Mathematically, that can be written as;

V = P(1 + r)^n

Where V is the future value

P is the present value which is $8,000

r is interest rate which is 6% (6/100 = 0.06)

n is the number of years which is 25 years

Now plugging these values into the equation, we have

V = 8,000(1 + 0.06)^25

V = 8,000(1.06)^25

V = $34,334.97 which is approximately $34,335

We can now proceed to get what this future value would be today if we take the inflation rate into consideration

Mathematically, this can work as follows

P = V(1 + i)^n

Where P is the present value of the money when the inflation is taken into consideration

V is the future value of the money which was calculated from above as $34,335

i is the inflation rate which is 1.8% per annum = (1.8/100 = 0.018)

n is the number of years which is 25

Substituting these values, we have;

P = 34,335/(1 + 0.018)^25

P = 34,335/(1.018)^25

P = 21,980.75

Which is approximately P = $21,981

5 0
3 years ago
Betty operates a beauty salon as a sole proprietorship. Betty also owns and rents an apartment building. This year Betty had the
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Answer:

Betty's AGI = $28,934

Complete Page 1 of Form 1040 for Betty is attached.

Explanation:

<u>Adjusted gross income:</u>

Adjusted gross income (AGI) is an income measurement for the purpose of calculation of tax payable.

AGI is calculated by deducting allowable deduction from taxable income.

<u>Notes for the working attached:</u>

  • The salaries and expenses are deductible as business expenses.
  • Depreciation and real estate taxes are deducted as rental/royalty-related deductions.
  • Interest income is included in the adjusted gross income.
  • Alimony expenses are deductible from the adjusted gross income.
  • The revenue from apartment building is assumed as interest income and NOT the total income.
  • The real estate and charitable contributions are itemized deductions.

Download xlsx
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3 years ago
"______ involves division of an organization's work and applies motivational theories to jobs to increase satisfaction and perfo
GrogVix [38]
Specialization involves division of an organization's work and applies motivational theories to jobs to increase satisfaction and performance."
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2 years ago
All of the following are characteristics of perfect competition EXCEPT Group of answer choices many buyers and sellers. lack of
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Answer:

The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.

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2 years ago
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