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Cerrena [4.2K]
4 years ago
5

Target market for a skating rink?

Business
1 answer:
Vlada [557]4 years ago
6 0

Answer:

Civic organizations, school groups, and church groups are key target markets for McKenzie Roller Rink. Parties with over ten people would be considered a group. It is our intent to create a wholesome family atmosphere and so there will be an effort to encourage families to consider skating as a recreational option.

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Valerie has difficulty finding parking in her neighborhood and, thus, is considering the gamble of illegally parking on the side
aivan3 [116]

Answer: -$85

Explanation:

If Valerie does not get a ticket then she would have a positive payoff of $15 because she avoids the cost of finding parking.

Should she get a ticket however, she will have a payoff of;

= Cost of finding a legal parking - ticket charge

= $15 - $100

= -$85.

8 0
3 years ago
What are some trade barriers in the caribbean
Viefleur [7K]
The freeing up of trade barriers in the Caribbean is being accompanied by foreign exchange liberalisation giving local exporters access to funds they need to bring in foreign goods.
7 0
4 years ago
Which of the following could explain an increase in the interest rate and the equilibrium quantity of loanable funds? Group of a
taurus [48]

Answer:

The demand for loanable funds shifted rightward.

Explanation:

The loanable funds refers to the funds that are available for the borrowers to take the loan from the lender.

Here, the supply of loanable funds remains unchanged as consumers are saving certain funds to act as the lender. If there is a rightward shift in the demand curve for loanable funds which indicates that there is an increase in the demand for loanable funds. We know that interest rate is shown on the y axis and the quantity of loanable funds is shown on the x-axis.

Due to this rightward shift in the demand curve for loanable funds, there is an increase in an equilibrium interest rate and in the equilibrium quantity.

3 0
4 years ago
The units of an item available for sale during the year were as follows: Jan 1 Inventory 22 units at 127 April 15 Purchase 138 u
balu736 [363]

Answer:

$5,134

Explanation:

LIFO assumes that the units to arrive last are sold first Therefore inventory value is based on earlier (old) prices.

Step 1 : Calculate units sold

Units sold = Units Available for sale - units in inventory

                 = 145 unit

Step 2 : Determine Inventory Value

Inventory value = 22 units x $127 + 20 units x $117

                          = $5,134

Conclusion

the inventory cost using the last-in, first-out (LIFO) is  $5,134

8 0
3 years ago
Exercise 12-1
exis [7]

Answer: Please refer to Explanation

Explanation:

In the Cashflow statement, entries are classified by what type they are under Investing, Financing or Operating Activities.

Operating Activities refer to cash paid or received from normal business operations and the expenses needed to maintain it.

Investing Activities refer to entries made relating to cash paid for the acquisition of fixed assets as these are long term. It also includes buying other company stocks and bonds.

Financing Activities refer to the funds that the the business uses to fund itself. These include long term debt and Equity.

a. Collected cash from customers. OPERATING ACTIVITY.

b. Paid cash to repurchase its own stock. FINANCING ACTIVITY.

c. Borrowed money from a creditor. OPERATING ACTIVITY.

d. Paid suppliers for inventory purchases. OPERATING ACTIVITY.

e. Repaid the principal amount of a debt. FINANCING ACTIVITY.

f. Paid interest to lenders. FINANCING ACTIVITY.

g. Paid a cash dividend to stockholders. FINANCING ACTIVITY.

h. Sold common stock. FINANCING ACTIVITY.

i. Loaned money to another entity. INVESTING ACTIVITY.

j. Paid taxes to the government. OPERATING ACTIVITY.

k. Paid wages and salaries to employees. OPERATING ACTIVITY.

l. Purchased equipment with cash. INVESTING ACTIVITY.

m. Paid bills to insurers and utility providers. OPERATING ACTIVITY.

4 0
4 years ago
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