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Afina-wow [57]
3 years ago
14

Specialty shops:

Business
1 answer:
oksano4ka [1.4K]3 years ago
4 0

Answer:

C. Rely heavily on knowledgeable salesclerks.

Explanation:

A specialty store is explained to be a shop, usually retail, that offers specific and specialized types of items. They always seem to focus on selling a particular brand or a particular type of product. For example, a store that exclusively sells cell phones or video games would be considered specialized.

By this definition, the store can carry a diverse range of products. Though a store might specialize in clothing, the garments could be for children, teens, or adults.

Because of its size and managerial standards it is likely denoted that it rely heavily on knowledgeable salesclerks for progress, results and mostly accounts and computation.

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This year Luke has calculated his gross tax liability at $2,120. Luke is entitled to a $2,880 non-refundable personal tax credit
Tema [17]

Answer:

$3,460

Explanation:

Gross tax liability $2,120

Less non-refundable personal tax credit $2,880

Refundable personal tax credit $760

Hence:

Income taxes withheld $2,700+ $760

=$3,460

Luke’s non refundable personal credit reduces his gross tax to zero ($2120– 2,880) and $760of the unused credit expires unused.

The $1,740 unused business tax credit carries over and Luke receives a refund of $3,460($760 refundable credit + $2,700 taxes he paid)

Luke’s net tax due or refund is $3,460

3 0
3 years ago
Why is it difficult for most small business owners to raise the capital needed to start, operate, or expand their ventures?
Andre45 [30]

Answer:

1. It is not easy to get funds for a start up, as many banks do not consider it as a successful decision to provide loan to a start up, as the feasibility of recovery of loan cannot be identified and guaranteed.

2. Venture capitalists also faces the same issue as of bank, also they are large equity investors and tend to invest in even larger project.

3. Private investors do not blindly invest and rather are more cautious then banks or venture capitalists, as because they do not huge funds to invest, and with less amount of investment they need even higher assurance.

4. Public stock is never available for a start up as for public stock issue you need great credibility, and good previous record.

4 0
3 years ago
If a proposed expenditure of $80,000 for a fixed asset with a 4-year life has an annual expected net cash flow and net income of
Whitepunk [10]

Answer: a. true

Explanation:

Cash payback period shows the amount of time it will take for cash inflows from an investment to pay off the investment.

Cash payback period = Investment/ Cash inflow

= 80,000/32,000

= 2.5 years

<em>Statement is proven true. </em>

6 0
3 years ago
Suppose that technological advancements stimulate $20 billion in additional investment spending. If the MPC = 0.6, how much will
grin007 [14]

Answer:

option (D) $50 billion.

Explanation:

Data provided in the question:

Additional investment spending = $20 billion

MPC = 0.6

Now,

Increase in aggregate demand = [1 ÷ (1 - mpc) ] × Investment

or

Increase in aggregate demand =  [1 ÷ (1 - 0.4) ] ×  $20 billion

or

Increase in aggregate demand = (1 ÷ 0.4) × $20 billion

or

Increase in aggregate demand = 2.5 × $20 billion

or

Increase in aggregate demand = $50 billion

Hence.

the correct answer is option (D) $50 billion.

5 0
3 years ago
A retail store had sales of $44,900 in April and $55,000 in May. The store employs eight full-time workers who work a 40-hour we
WINSTONCH [101]

Answer:

0.52%

Explanation:

Productivity in April = $44,900 / (((8*40) + (8*12)) * 4)

Productivity in April = $44,900 / ((320 + 96) * 4)

Productivity in April = $44,900 / (416 * 4)

Productivity in April = $44,900 / 1664 hours

Productivity in April = $26.98 per hour

Productivity in May = $55,000 / (((8*40) + (11*17)) * 4)

Productivity in May = $55,000 / ((320 + 187) * 4)

Productivity in May = $55,000 / (507 * 4)

Productivity in May = $55,000 / 2028 hours

Productivity in May = $27.12 per hour

% increase in productivity per hour = ($27.12 - $26.98) / $26.98

% increase in productivity per hour = $0.14 / $26.98

% increase in productivity per hour = 0.0052

% increase in productivity per hour = 0.52%

6 0
3 years ago
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