Answer:
the store rent that should be allocated in department 3 is $100000
Explanation:
if we assume that we charge the rent per square feet occupied, then we can say
department rent = charge per square feet* number of square feets
r = k*sf
also if
total rent = rent department 1 + rent department 2 + rent department 3
r total = r1 + r2 + r3 = k*sf1 + k*sf2 + k*sf3 = k*( sf1 + sf2 + sf3)
k= r total / ( sf1 + sf2 + sf3)
replacing values
k = $200000/(15000 sq.ft + 10000 sq.ft +25000 sq.ft ) = $ 4 per sq.ft
thus for department 3
r3 = k* sf3= $ 4 per sq.ft * 25000 sq.ft = $100000
rent department 3 = $100000
It can be concluded that the Wheelz On Rent most likely
practices the concentrated marketing. Concentrated marketing is a type of
strategy in which the products are being made and produced because of a
specific segment of the population of the consumer of that they are likely to
be made for a specific segment.
Reorganization
<u>Explanation:</u>
Revamping may allude to the restoration of an organization's funds as per a liquidation. It can likewise allude to any procedure that influences the duty structure of an organization. Furthermore, revamping may allude to a merger or obtaining or offer of an organization that changes the proprietorship, stock, or lawful and the executive's structure.
The redesign is a conventional court-managed procedure of rebuilding an organization's funds after chapter 11. As per insolvency laws, explicitly Chapter 11, an organization is given security from lenders during the timespan when the organization proposes and a liquidation court audits and affirms a particular revamping plan. The rearrangement is planned to reimburse lenders to the most extreme degree conceivable and to rebuild the organization's accounts, the executives, and tasks to keep a similar issue from emerging once more.
Answer:
B. assist in the comparison of companies of different sizes.
Explanation:
In the common-size income statements, the items of the income statement are shown in the percentage of the sales. The motive of this statement is to compare the financial statements of the same company for different periods or comparing it by different size companies.
By comparison, the company gets to know about the liquidity, solvency, financial position, performance, profitability over the past years.
Answer:
A
Explanation:
The country with a comparative advantage in the production of a good should export the good
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
England
Comparative advantage in the production of scones = 1/50 = 0.02
Comparative advantage in the production of sweater = 50/1 = 50
Scotland
Comparative advantage in the production of scones = 2/40 = 0.05
Comparative advantage in the production of sweater = 40/2 = 20
England has a comparative advantage in the production of scones and should export scones
Scotland has a comparative advantage in the production of sweaters and should export sweaters
