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3 years ago

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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What is the yield to maturity of a nineminusyear bond that pays a coupon rate of 20% per year, has a $1,000 par value, and i

snow_lady [41]

Answer:

12.28%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

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PMT = $1,000 × 20% = $200

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The formula is shown below:

= Rate(NPER;PMT;-PV;FV;type)

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3 years ago

All of the following are characteristics of perfect competition EXCEPT Group of answer choices many buyers and sellers. lack of

Greeley [361]

Answer:

The three primary characteristics of perfect competition are (1) no company holds a substantial market share, (2) the industry output is standardized, and (3) there is freedom of entry and exit. The efficient market equilibrium in a perfect competition is where marginal revenue equals marginal cost.

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2 years ago

Activity-based costing systems:

Harlamova29_29 [7]

Answer:

The correct answer is letter "B": Often reveal products that were under- or over-costed by traditional costing systems.

Explanation:

Activity-Based Costing or ABC is a managerial accounting method that assigns certain indirect costs to the products incurring the bulk of those costs. ABC is primarily used in the manufacturing sector to make a better calculation of the true cost of production per unit. Compared to the traditional costing method, ABC spots products that could be under-costed or over-costed.

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3 years ago

The market value balance sheet for Cherry Pie Corp. reflects a cash of $22,000, fixed assets of $209,000, and equity of $231,000

Blizzard [7]

Answer:

The correct answer is D.

Explanation:

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Price of share = $\frac{231,000}{5000}$

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No. of shares repurchased = $\frac{18,000}{46.2}$

No. of shares repurchased = 390

When the shares would have been repurchased then the value of equity would decrease by the same amount.

Revised equity = $231,000 - $18,000

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No. of shares outstanding = 4,610

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3 years ago

Which of the following statements is true?

Rzqust [24]

Answer:

The correct answer is option c.

Explanation:

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3 years ago