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Ede4ka [16]
3 years ago
11

Steve Burton recently sold the bookstore he inherited from his mother because his income had fallen three years in a row. The ne

w owner installed a coffee machine, redecorated the children's corner, chats with her customers, and remembers their preferences. She reports a 43 percent increase in sales over Steve's last year. The change is most likely due to
A. more advertising.
B. beginner's luck.
C. the owner's personality.
D. a general upswing in the retail book business.
Business
2 answers:
shepuryov [24]3 years ago
8 0
C, if a store is more updated for children the parents will like the place more, everyone likes free stuff such as coffee, for examples thiesens gives away free popcorn to attract customers, and chatting with customers and remembering what that need makes them fee much more important and want to come back again.
Basile [38]3 years ago
7 0
The answer is going to be C, because the owner was more friendly with her customers, which made them want to come back.
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Kathleen is considering expanding her dress shop. If interest rates rise she is Group of answer choices less likely to expand. T
Karolina [17]

Answer:

<u><em>Less likely to expand.</em></u>

Explanation:

When ever interest rates rise in an economy, the soul purpose of that is to control inflation by influencing the people to save more and consume/spend less.

Hence, when the interest rates will rise, Kathleen will be moving away from the expansion process as she will have to borrow the money at more cost than before, hence increasing the risk of return from the expansion process. Hence this will lead to the demand for loan-able funds to slope downwards.

Hope this helps you. Good Luck.

7 0
3 years ago
A rapid increase in the money supply may lead to a(n):
diamong [38]
<span>A rapid increase in the money supply may lead to a "Deflation"

Hope this helps!
</span>
8 0
3 years ago
WHAT ARE STAKEHOLDERS FOR GOVERNMENT PROVISION??
Temka [501]

Answer:

A stakeholder is any person or organization that has a legitimate interest in a specific project or policy decision. As an economist, whenever you are required to discuss the costs and benefits.

5 0
3 years ago
Caddie Manufacturing has a target debt-equity ratio of .95. Its cost of equity is 11 percent, and its pretax cost of debt is 7 p
Zigmanuir [339]

Answer:

8.20%

Explanation:

Debt equity ratio = 0.95

or

Debt = 0.95 × equity

Cost of equity, ke = 11% or 0.11

Pretax cost of debt, kd = 7% or 0.07

Tax rate = 24% or 0.24

Therefore;

WACC = {Weight of equity × ke } + {Weight of debt × kd × (1-Tax rate)}

It is to be noted that ;

Weight of equity = Equity ÷ (Debt + Equity)

= Equity ÷ ( 0.95×Equity + Equity)

=1 ÷ 1.95

=0.513

Also,

Weight of debt = Debt ÷ ( Debt + Equity)

=0.95 × Equity ÷ ( 0.95 × Equity + Equity)

= 0.95 ÷ 1.95

=0.487

Hence,

WACC = {0.513 × 0.11} + {0.487 × 0.07 × (1-0.24)}

= {0.05643} + {0.03409 × 0.76}

= 0.0823384

or

0.0823384 × 100%

=8.23384

=8.20%

6 0
3 years ago
The adjusted trial balance for Sunland Company at the end of the current year, 2021, contained the following accounts.
Rama09 [41]

Answer:

Total Long Term Liabilities = 3449000 USD

Explanation:

Let's sort out the data given in order to make it more presentable.

Accounts:

5-year Bonds Payable 9% = 3000000 USD

Interest Payable = 52000 USD

Premium on Bonds Payable = 99000 USD

Notes Payable (3 months.) = 42000 USD

Notes Payable (5 yr.) = 163000 USD

Mortgage Payable ($13000 due currently) =  200000 USD

Salaries and wages Payable  = 18000 USD

Income Taxes Payable (due 3/15 of 2022)  = 24000 USD

Now, we have to take the liabilities from this set of data and calculate it.

Following are the long term liabilities which will be added together to get the total sum:

1. 5-year Bonds Payable 9% = 3000000 USD

2. Premium on Bonds Payable = 99000 USD

3. Notes Payable (5 yr.) = 163000 USD

4. Mortgage Payable ($13000 due currently) =  200000 - 13000 = 187000 USD

Now, we have to add these amounts to get the total long term liabilities.

Total Long Term Liabilities = 3000000 + 99000 + 63000 + 187000

Total Long Term Liabilities = 3449000 USD

5 0
3 years ago
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