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3 years ago

Which of the following is still primarily a bricks-and-mortar industry?

1 answer:

3 0

Groceries are still primarily a bricks-and-mortar industry. Bricks-and-mortar refers to the building that the store is housed in, most people can handle their book reading, music listening and banking online these days however, with the exception of ordering groceries online you still need to venture into the store to pick or purchase them.

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Complete the statement about the compound interest expression.

Misha Larkins [42]

Answer:

The answer is "A"

Explanation:

Cumulative interests are counted by one plus the annual interest rate adjusted to the cumulative periods of less than one. The first principal sum is determined by one. The cumulative sum of the initial loan is then deducted from the calculation.

Formula:

$A= \ p (1+ \frac{r}{n})^{nt} \\\\\ Where,\\ \\ A = \ annual \ interest\\P = \ principal\\t= time\\r= rate$

That's why we apply the above formula to calculate the annual interest rate.

5 0

2 years ago

Major Corp. is considering the purchase of a new machine for $5,000 that will have an estimated useful life of 5 years and no sa

Yuri [45]

Answer:

2.5 years

Explanation:

The payback method calculates how many years it will take the company to recover the investment's cost without considering any discount rate. The formula sued to calculate the payback period is:

payback period = investment cost / annual cash flow

payback period = $5,000 / $2,000 = 2.5

3 0

3 years ago

Cooper Technologies is a technology company that offers many IT services in Chicago. The companyâ€™s services and products inclu

evablogger [386]

Answer:

broad needs and many customers.

Explanation:

Cooper technologies offers several services that satisfy a broad range of needs, e.g. computer training, support, selling computers, etc. It tries to serve as many customers as then can. This is true for all companies, but Cooper Technologies would be the opposite to a company that provides services to a niche market. They try to offer a wide range of products and services to appeal to as many customers as possible with as many products and services as they can.

Cooper Technologies is like a handyman that satisfies all your computer related needs, it doesn't focus on only one or two services.

8 0

3 years ago

Your coin collection contains 59 1952 silver dollars. required: if your grandparents purchased them for their face value when th

ololo11 [35]

The coins were purchased in 1952 for their face value, one dollar per coin. This puts total face value at 59 dollars in 1952. They appreciate at 6.6% per year, so in 101 years, their value can be found through this calculation: 59 x (1.066^101) = $37,525.78.

7 0

3 years ago

Cusic Music Company is considering the sale of a new sound board used in recording studios. The new board would sell for $26,400

Sav [38]

Answer:

The correct answer is = $64,409,960

However, if we assume there are no Differed Tax, the answer will be

$47,371, 400

Explanation:

OCF stands for Operating Cash Flow.

The basic formula for Operation Cash Flow is =

Net Income + Non-Cash Expenses - Increase in working capital

Net Income:

Old Boards = 1,520 x 24,900 = $37,848,000

New Boards = 1500 x 26,400 = $39,600,000

Total Income = $77,448,000

Non-Cash Expenses:

Depreciation = 1.875 million + 2.9 million = $4,775,000

(Assumption) Differed income tax = 22% of Sales = $17,038,560

Total Non-Cash Expense = $21,813,560

Increase in working Capital:

45% of Sales

i.e. $34,851,600

Hence:

77,448,000 + 21,81 3,560- 34,851,600

= $64,409,960

3 0

3 years ago