For retailers, when making decisions regarding place, a key ingredient to success is product placement promotion.
Decisions regarding a place or location are critical to the ultimate success of the retail enterprise. Such as good locations allow ready access, attract large numbers of customers and increase the potential sales of retail outlet. As when promotion in such places increases, so does the sales.
So even slight differences in location can have significant effects on market share and profitability. Deciding where to locate a business has always been important.
Hence, location plays a huge role in attracting and retaining the best customers.
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Answer:
Sales 2,050
Costs (1,400)
Depreciation <u>(250)</u>
EBIT 400
Interest expense <u> (70)</u>
Earnings before tax 330
Tax @ 25% <u>(82.50)</u>
After-tax operating income <u>247.50</u>
Explanation:
The after-tax operating income equals sales minus costs minus depreciation minus interest expense minus tax.
raise money to finance their companies
find investors for their businesses
offer expert financial advice
Explanation:
<u>Investment banks are essentially avenues for investors to find good investment avenues in the work of the entrepreneurs </u>and for entrepreneurs to find viable investors who will take their company forward by financing it.
<u>The financing of this sort is often advised by the bank for the mutual profit of the two parties.</u>
As such an avenue they are in a position to advice the entrepreneur on which opportunity to take and which to pass on.
Answer:
Pina Colada's net income for the year ending October 31, 2022 is $246,400.
Explanation:
Net income = Revenue recognized - Expenses incurred including depreciation
= $484,000 - $237,600
= $246,400
Therefore, Pina Colada's net income for the year ending October 31, 2022 is $246,400.
Answer:
Here's a few
Explanation:
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