Answer:
James operates a restaurant in a seaside tourist town. It is winter and all the tourists have left
Rex invests in new computer software that will automate his bookkeeping.
Explanation:
In winter, the patronage at James' resturant would drop because tourists would have left. Because demand at the resturant has dropped, James would reduce his demand for Labour which are his staffs. He would let some staffs go temporarily to reduce costs .
If Rex invests in a software that automates his book keeping, he wouldn't need an accountant to help with his book keeping, so demand for labour would fall.
After Katie's competition closes down, more people would patronise Katie. Katie's demand for Labour would increase because of the influx of customers.
Amy would need labour to obtain wood; her demand for Labour would increase.
If school is just resuming, there would be a high influx of people into the bookstore, the bookstore would increase its demand for Labour because of the high influx of customers .
I hope my answer helps you.
Answer:please refer to the explanation section
Explanation:
The Question is incomplete. the question requires us to calculate minimum number of customers required to cover costs of promotions, to calculate the minimum number of customers required we need a price per customer. let us assume the price $6
Variable costs = $3.75
Fixed costs = $18000
Minimum Customers Required = Fixed costs/(Price - Variable cost)
Minimum Customers Required = 18000/6 - 3.75 = 8000
8000 customers are required
Answer: 0.10%
Explanation:
The following can be gotten from the question:
n = 15 years
We change it to months. Thus will be:
= 15 × 12
= 180
Present value of an annuity :
= A × {1- (1 +r ) -n ]/r}
74000 = 450 × [ 1- (1 +r) - 180]/r
r= 0.10%
Therefore, the monthly interest rate is 0.10%.
Answer:
The answer is C.
Explanation:
Inventory turnover is a measure of the number of times inventories are sold during a period of time usually a year.
To calculate inventory turnover:
Cost of goods sold ÷ average inventory
High inventory turnover means that the company's product is in high demand and when the product is in high demand, it means there is an increase in sales.
An increase is demand means new inventory or merchandise are continually available and continually bought.
