Independently owned and operated stores that are a member of a wholesaler-sponsored chain have agreed to use the same name, take part in chain promotions, and work together as a single system.
Unlike corporate chains, these are associations of individual retailers. In many nations, voluntary networks of retailers that participate in collective merchandising and bulk purchasing are common. Any retail establishment with two or more locations that is part of a chain and sells the same products under the same ownership. A significant portion of retail activities are carried out by chains in the Americas, western Europe, and Japan. Chain stores constitute the first successful application of large-scale integrated procedures to a form of retailing, together with the department store and the mail-order business.
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Answer:
A) 5.0%
Explanation:
AEC Company expects to pay a dividend over the next year of $2 at a stock price of $20 per share, thus the dividend rate over next year = $2/ $20 = 10%
The WACC is 12%, the company is financed by 30% debt and 70% equity, and the cost of debt is 5%;
WACC 12%= 30% x cost of debt 5% + 70% x cost of equity
->Cost of equity = (12% -30%*5%)/70% = 15%
Thus expected growth rate of dividend = Cost of equity 15% - dividend rate over next year 10% = 5%
Answer:
D, Efficient
Explanation:
dictionary maning of efficient means Performing or functioning in the best possible manner with the least waste of time and effort.
As an efficient manager, vitoria is making sure the resturant is running effieciently through her own efficiency of discovering that reusing some items that would have been thrown away reduces the time and efffort required to make dishes and kekep the resturant running.
Cheers.
Answer:
Option (E) is correct.
Explanation:
EPS = $2.75
Book Value Per Share = $22.75
Shares Outstanding = 315,000
Debt Ratio = 44%
Total equity = Shares outstanding × Book Value Per Share
= 315,000 × $22.75
= $7,166,250
Total assets = Total equity ÷ (1 - Debt Ratio)
= $7,166,250 ÷ (1 - 0.44)
= $12,796,875
Total Dept = Total assets - Equity
= $12,796,875 - $7,166,250
= $5,630,625
