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serious [3.7K]
2 years ago
14

Traditionally, department stores almost exclusively offered soft goods. But now, most department stores focus on selling both ha

rd and soft goods. Group of answer choices True False
Business
1 answer:
Studentka2010 [4]2 years ago
5 0

Answer:

False

Explanation:

Traditionally, department stores sold both soft goods and hard goods. But now, most department stores focus almost exclusively on soft goods.

Soft goods refers generally to clothing and other textiles like bedding and fabrics.

Hard goods refers to a broad range of products like appliances, furniture, tools, electronics, etc.

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A. If Canace Company, with a break-even point at $259,000 of sales, has actual sales of $350,000, what is the margin of safety e
shepuryov [24]

Answer:

Margin of safety in dollars is $91,000

Margin of safety as percentage of sales is 26%

Explanation:

Margin of safety can be defined as the amount of output or sales that a business can make before it reaches its breakeven point.

To calculate margin of safety in dollars

Margin of safety= Sales - Breakeven sales

Margin of safety= 350,000- 259,000

Margin of safety= $91,000

To calculate margin of safety as a percentage of sales, we use the following formula.

Margin of safety = (Sales- Breakeven point) ÷ Sales

Margin of safety = (350,000- 259,000)÷ 350,000

Margin of safety= 0.26= 26%

3 0
3 years ago
Read 2 more answers
Two computers each produced 43,000 public utilities bills in a day. One computer printed bills at the rate of 8,600 an hour and
saul85 [17]

Based on the rate at which the computers are printing bills, the number of bills that the second computer was still to print was 4,000 bills.

<h3>How long did the first computer take to finish?</h3>

= Number of bills / Bills per hour

= 43,000 / 8,600

= 5 hours

<h3>How many bills was the second computer left with?</h3>

This can be found by the formula:

= Number of bills to print - Bills printed in 5 hours

= Number of bills to print - ( Bills printed per hour x Number of hours)

Solving gives:

= 43,000 - (7,800 x 5)

= 4,000 bills

Find out more on calculating rates at brainly.com/question/145385.

3 0
1 year ago
Economic regulation occurs when
bonufazy [111]
The correct option is D.
Economic regulation refers to imposition of rules by a government, backed by the use of penalties that are specifically targeted at modifying the economic behavior of individuals or industries in the private sector. Regulation is often used to narrow down choices in the targeted area.
7 0
3 years ago
Problem 5-7 Analyzing Transactions
7nadin3 [17]
I don’t see anything :/
4 0
3 years ago
Three individuals, Mary, Jack and Helen, make up the total demand for donuts per month in a particular market.
Paraphin [41]

The market demand curve would be 1000 - 0.125Q.

<h3>How to calculate the demand curve?</h3>

It should be noted that the market demand curve will be the sum of the individual demand curve.

The market demand curve will be calculated thus. Mary’s demand curve is 5P = 5000 – 1.25QM. Here, p = 1000 - 0.25QM

Jack’s demand curve for donuts is given by P = 1000 – 0.5QJ. Helen’s demand curve is given by QH = 2000 – 2P. This will be P = 1000 - 0.5QH.

The slope will be:

= 0.5 × 0.25

= 0.15

The demand function of Jack and Helen are the same. The demand curve will be 1000 - 0.125Q.

Learn more about demand on:

brainly.com/question/1245771

#SPJ1

5 0
2 years ago
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