Answer:
A. Evaluate strategic opportunities.
Explanation:
In strategic retail planning the steps begin with definition of business mission, conduct situation analysis, identify strategic opportunities, and the next stage is to evaluate the strategic opportunities.
In the evaluation stage we look at how feasible a strategic opportunity is. A choice is made between different alternatives to come up with the best choice for the business.
Go on the number line and find each number at the bottom and put a dot above each number that your supposed to graph
Answer:
c. the profit that the theatre chain will make above its break-even point
Explanation:
Like every business, theatres and theatre chains have cost too, and they have to operate with a profit. After reaching the break-even point (nut), the theatre is covering all of its costs. Every dollar of revenue "above the nut" is <em>a profit.</em>
Subsequently, the theatre's management decides how to distribute the profit, having in mind various stakeholders (distribution firms, exhibition firms...).
Answer:
Part A:
Liabilities=$285,000
Part B:
Liabilities=$255,000
Equity=$255,000
Explanation:
General Rule of Assets, liabilities and equity
Assets= Liabilities+Equity
Part A:
Assets=$710,000
Equity=$425,000
Liabilities=?
$710,000=Liabilities+$425,000
Liabilities=$710,000-$425,000
Liabilities=$285,000
Part B:
Liabilities=Equity
Replace Equity by liabilities
Assets=Liabilities+Liabilities
$510,000=2*Liabilities
Liabilities=$255,000
Equity=$255,000
Answer:
C. the actual cost of materials was less than the standard cost.
Explanation:
As it can be seen from the given information that
The Favorable material purchase price is $380
And, non-favorable material quantity variance is $120
So, the total favorable price variance is
= $380 - $120
= $260
This represents that the actual material cost would be lower than the standard cost
hence, the option C is correct
