Answer:
<u>PetSmart</u> is an example of a speciality store.
Explanation:
It sells stuff only related to pets, unlike the other stores mentioned.
Answer:
Net present value = $2063.1922
Explanation:
given data
initially costs = $40,500
cash flows = $34,500
final cash inflow = $12,000
required rate of return = 18.5 percent
solution
The cash flows is
Year 0 = $40500
Year 1 = $0
Year 2 = $0
Year 3 = $34500
Year 4 = $34500
Year 5 = $0
Year 6 = $12000
so Net present value will be express as
Net present value = -Initial cash outflow + Present value of future cash flows ...............1
Present value of future cash flows = (cash flow in year n) ÷ (1 + required rate of return)^t ..........................2
put here value we get
Present value = 
Present value = $42563.1922
Net present value= -$40500 + $42563.1922
Net present value = $2063.1922
Answer: contingency
Explanation:
Contingency planning is a form of planning that is used by an organization in order to plan ahead in case an event occurs. Contingency plans can also be called a 'Plan B' due to the fact that it's an alternative action in case things does not go as planned.
Therefore, based on the question, Pinnacle is practicing contingency planning.
Answer:
Producer
Explanation:
in the free market system, Producer is an entity that turn raw materials or skills to create goods or services and sell it to the market in order to obtain a profit.
Computer businesses are a good example of this.
They bought of various types of materials (such as steel, glass, silica sand, iron ore, gold) and transform it into finished products such as a monitor, processor, Audio board, etc.
Some computer businesses also focus on creating software. Rather than raw materials, they utilize coding skills of their employees to create the product and sell it to the market.
Answer:
A normal good is a good whose demand increases when income increases
Explanation:
Normal goods are goods that are goods whose demand increases when income increases and falls when income falls
Inferior goods are goods whose demand falls when income rises and increases when income falls.
For example, if when your income was $100,000 per annum, you had one car but when it increased to $500,000, you bought two more cars. Car is a normal good
