Ask question

Ask question

All categories

3 years ago

9

Josh, an electronics retailer, noticed that the e-commerce business was booming. He started an online shopping website to take a

dvantage of this surge in business. As a result, his business attracted more customers from all across the country. This reflects Josh's:

1 answer:

likoan [24]3 years ago

5 0

Answer:

Entrepreneurial alertness.

You might be interested in

Which pricing policy do you think would be best suited for a small business introducing a new line of clothing and accessories?

EastWind [94]

Answer:

I think that a small business introducing a new line of clothing and accessories should use the penetration pricing policy. The penetration pricing policy prices their products very low to start out with to try and distract competitors from there competition and towards them.

Explanation:

Hope that helps!

4 0

3 years ago

Here is the income statement for Metlock, Inc. METLOCK, INC. Income Statement For the Year Ended December 31, 2020 Sales revenue

ruslelena [56]

Answer and Explanation:

The formula and the computations are shown below:

(a) Earnings per share = ( Net Income - Preference stock dividend) ÷ (Weighted average number of outstanding shares )

= ($159,200 - $4,900) ÷ (22,400 shares + 37,300 shares) ÷ 2

= $154,300 ÷ 29,850 shares

= $5.169

= $5.17

(b) Price earnings ratio = Price ÷ Earning per share

= $13 ÷ $5.17

= 2.51 Times

(c) Payout ratio = Dividend paid to equity share holders ÷ net income

= ($22,600 - $4,900 ) ÷ ($159,200)

= $17,700 ÷ $159,200

= 11.118 %

= 11.12%

(d) Times interest earned = Earnings before interest and tax ÷ Interest expense

= ($159,200 + $11,700 + 29,700) ÷ ($11,700 )

= 17.145

= 17.15 Times

We simply applied the above formulas to determine the each ratios

7 0

3 years ago

The _____ section of the business plan tells the reader what the organization is committed to doing.

Andru [333]

Accounts department

6 0

3 years ago

In an open economy, gross domestic product equals $2,450 billion, consumption expenditure equals $1,390 billion, government expe

N76 [4]

Answer:

$735 billion

Explanation:

Calculation to determine the national saving

Using this formula

National saving =Gross domestic product-Consumption expenditure-Government expenditure

Let plug in the formula

National saving=$2,450 billion-$1,390 billion- $325 billion

National saving=$735 billion

Therefore the national saving is $735 billion

7 0

3 years ago

Mikhail's claim has been denied once. Now, he is writing a second persuasive claim message to his digital media services company

Fynjy0 [20]

Answer:

a) Appeal to the receiver's sense of responsibility and pride in the company's good name

Explanation:

Persuasive messages refer to communicating an idea so as to persuade the recipient towards an action.

Such messages are usually drafted by sales and marketing personnel.

While drafting a persuasive message, AIDA (Attention, interest, desire and action) principle is usually followed by the marketers.

In the given case, Mikhail's claim has already been denied once and he is drafting the second persuasive message. As he expects resistance from the media company, he should draw the attention of the recipient towards their own responsibilities and duties and pride relating to the good reputation of the company.

He may choose to express, what the receiver's responsibility and duties are and how non performance of those puts the company's reputation (pride) at stake.

8 0

3 years ago