Answer:
Retail Innovation
Explanation:
Retail innovation has to do with improvements that heightens customer experience and satisfaction by providing tangible value for customers because it offers something new in the field of technology, services, products or business systems.
IKEA’s "ready to assemble" furniture and fixtures transformed retail shopping; and Nike's allowance of online customers to design their own shoes; are all examples that illustrate retail innovation.
Retail innovation has changed the way consumers connect with brands, Beginning from social shopping, voice-based commerce or drone deliveries; companies are now using technology tools to differentiate their brands and transform the retail experience of their customers.
Answer:
13.34
Explanation:
In this question, we are told to compute the account receivable turnover at the end of the year.
To calculate this , we proceed using a mathematical approach;
mathematically;
Accounts receivable turnover = Net Sale / (Average accounts receivable)
From the question, we can identify that the net sale is $12,442,000,000 while the average accounts receivable which is the average of the account receivable at the start of the year and that at the beginning of the year
= $ 12442000000 / (912000000 + 953000000)/2
= $ 12442000000 / 932500000
= 13.34
Answer:
The $12 million is the net increase in the denominator of the EPS fraction if the market price of the common shares averages $5 per share during 2018.
Explanation:
1. The journal entry is shown below:
For December 31, 2017:
Compensation Expenses A/c Dr ($18 million × $5 per share) ÷ 3 = $30 million
To Restricted Shares $30 million
(Being compensation expenses recorded for 2017 year)
For December 31, 2018:
Compensation Expenses A/c Dr ($18 million × $5 per share) ÷ 3 = $30 million
To Restricted Shares $30 million
(Being compensation expenses recorded for 2018 year)
2. The net increase in the denominator of the EPS fraction for 2018 year is shown below:
= 2018 shares - Restricted shares
= $30 million - $18 million
= $12 million
Hence, the $12 million is the net increase in the denominator of the EPS fraction if the market price of the common shares averages $5 per share during 2018
Answer:
See explanation below
Explanation:
Option of selling unfinished bookcase
Sales
$58
Less Variable cost
$38
Contribution
$20
Less fixed cost
$10
Net profit
$10
Option of selling finished bookcases
Sales
$73
Less variable cost
$7
Contribution
$66
Less fixed cost
$10
Net profit
$56
With regards to the above analysis, it is recommended that Pine street inc. Should go with the option of selling finished bookcases because it would yield the company the highest profit.
Answer:
Fall by 18.6%.
Explanation:
Calculation for quantity of round-trip tickets purchased
Using this formula
Quantity of round-trip tickets purchased=Round-trip rail fare*Fares percentage
Let plug in the formula
Quantity of round-trip tickets purchased=30%*0.62
Quantity of round-trip tickets purchased=0.186*100
Quantity of round-trip tickets purchased=18.6%
Therefore one would expect the quantity of round-trip tickets purchased to:Fall by 18.6%.