The type of store that has high sales volume, shallow product lines, little service, and prices that are lower than supermarkets is known as discount stores.
<h3>What is a Discount Store?</h3>
This refers to the type of store which makes a bulk purchase of items and then sells them off at a lower price than they are worth.
Hence, we can note that a discount store operates in a way that enables them to engage in efficient distribution and bulk purchasing to meet the needs of their customers.
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Answer:
2.95%
Explanation:
In this question, we use the Rate formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $1,000 × 109% = $1,090
Assuming figure - Future value or Face value = $1,000
PMT = 1,000 × 4% ÷ 2 = $20
NPER = 10 years × 2 = 20 years
The formula is shown below:
= Rate(NPER;PMT;-PV;FV;type)
The present value come in negative
So, after solving this,
The pretax cost of debt is 2.95%
Answer:
Terrace Corporation
Equivalent Unit
% D.Material % Conversion
Completed transferred 57,600 100% 57,600 100% 57,600
to drying
Ending Inventory of WIP 7,200 100% 7,200 60% 4,320
Total 64,800 64,800 61,920
Note:
Ending Inventory of Wip = Opening WIP Inventory + Added(Started) - Transferred out = 3,600 + 61,200 - 57,600 = 7,200 pounds
Answer:
$4.4 million
Explanation:
The ending retained earnings of Lambert incorporation increases by $1.8 million
The net income earned during the year is $5.4 million
Therefore the amount of dividend declared and paid by Lambert incorporation can be calculated as follows
= $5.4 million - $1.8 million
= $4.4 million
This could depend on the person who caused the collision. However, it would most likely be false because very rarely will the person want to accept the consequences.