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bezimeni [28]
3 years ago
14

Which type of store has high sales volume, little service, and prices 20-40 percent lower than supermarkets?

Business
1 answer:
enot [183]3 years ago
6 0
Gas stations. That would be that.
You might be interested in
What is the acceleration of an object that has a mass of 4.0 kg if the net force acting on it is 26N
Lynna [10]
Use Newton's Second Law: Fnet = ma
where Fnet = total net force, m = mass of object, and a = acceleration of object.

You are given Fnet = 26N and m = 4.0kg. Plug them into the equation and solve for a:
26 = 4.0a
a = 6.5

The answer is 6.5 m/s^2
7 0
3 years ago
Simon Company’s year-end balance sheets follow. At December 31 2017 2016 2015 Assets Cash $ 31,800 $ 35,625 $ 37,800 Accounts re
sweet [91]

Answer:

Explanation:

Balance Sheet

//2017// % // 2016 // % // 2015 //%//

Cash

//$31,800// 6% // $35,625 // 8% // $37,800 //10%//

Accounts Receivable

//$89,500// 17% // $62,500 // 14% // $50,200 //13%//

Inventory

//$112,500// 22% // $82,500 // 19% // $54,000 //14%//

Prepaid Expenses

//$10,700// 2% // $9,375 // 2% // $5,000 //1%//

TOTAL CURRENT ASSETS  

//$244,500// 47% // $190,000 // 43% // $147,000 //39%//

Plant Assets

//$ 278,500// 53% // $ 255,000 // 57% // $ 230,500 //61%//

TOTAL NON CURRENT ASSETS

//$278,500// 53% // $255,000 // 57% // $230,500 //61%//

TOTAL ASSETS

//$523,000// 100%// $445,000 // 100% //$377,500 //100%//

Accounts Payable

//$129,900// 57% // $75,250 // 43% // $51,250 // 38% //

TOTAL CURRENT LIABILITIES

//$129,900// 57% // $75,250 // 43% // $51,250 // 38% //

Long Term Notes Payable

//$98,500// 43% // $101,500 // 57% // $83,500 // 62% //

TOTAL NON CURRENT LIABILITIES

//$98,500// 43% // $101,500 // 57% // $83,500 // 62% //

TOTAL LIABILITIES

//$228,400// 100% // $176,750 // 100% //$134,750//100%//

Common Stock

/$163,500// 55% // $163,500 // 61% // $163,500 //67%//

Retained Earnings

//$131,100// 45% // $104,750 // 39% // $79,250 //33%//

TOTAL EQUITY  

//$294,600// 100% //$268,250 //100%// $242,750 //100%//

TOTAL EQUITY + LIABILITIES

//$523,000// 100%// $445,000// 100%// $377,500// 100%//

4 0
3 years ago
Larkspur Corporation manufactures drones. On December 31, 2019, it leased to Althaus Company a drone that had cost $104,800 to m
Lady_Fox [76]

Answer:

First find the present value of the lease. Payments are constant and fixed so this is an annuity. As it is to be paid from the beginning, it is an Annuity due.

= Annuity * Present value interest factor of annuity due, 5 years, 7%.

= 37,400 * 4.3872

= $164,081

Date                          Account Details                            Debit              Credit

Dec. 31, 2019            Lease Receivable                         $164,081

                                 Cost of goods sold                       $104,800

                                 Sales                                                                    $164,081

                                 Inventory                                                             $104,800

Date                          Account Details                           Debit                Credit

Dec. 31, 2019           Cash                                             $37,400

                                 Lease Receivable                                               $37,400

5 0
2 years ago
Complete the following table by indicating whether or not each scenario is an example of price discrimination.
Monica [59]

Answer: yes; no

Explanation:

Price discrimination is an exploitative  selling strategy that  sellers use to try to charge their customers on  different prices for the same product or service.

Last-minute "rush" tickets can be purchased for most Broadway theater shows at a discounted price. They are typically distributed via lottery or on a first-come, first-served basis a few hours before the show. Assume that the theater in question does not hold seats in reserve for this purpose, but rather offers rush tickets only for seats not sold before the day of the performance......... YES PRICE DISCRIMINATION OCCURS

---.>In this case, the groups are  segmented into those who paid earlier at normal price and those who paid in relation to the rush at discounted price, A case  price discrimination arises because the  people who  have paid more than others for a same show, would not be reserved seats which means that  the product was same for the two type of consumers but not the same price

Horizon Wireless offers various features "à la carte" that a customer may add to his or her calling plan, such as a text messaging package, a data package, and an Internet package. NO PRICE DISCRIMINATION

---->This is because Because Horizon Wireless is offering the different features  with  a la carte pricing, where every customer is subject to the same pricing irrespective  of his or her calling plan.

If the price of a data  package or internet  were different for a customer with a more expensive calling plan, then Horizon Wireless might be attempting to identify thier different consumer types and try to  exploit the differences in their willingness to pay.

8 0
3 years ago
Archie Co. purchased a framing machine for $45,000 on January 1, 2021. The machine is expected to have a four-year life, with a
swat32

Answer:

depreciation for 2021 is $ 18,000

book value at December 31, 2021 is $ 27,000

Explanation:

Sum of Digits Method is a depreciation method that provides for higher depreciation to be charged early in the life of an asset with a lower depreciation in later years.

Sum of digits for the  framing machine is calculated as follows :

Year                                           Sum of Digits

1                                                          4

2                                                         3

3                                                         2

4                                                          1

Total                                                   10

<u>Depreciation for 2021 is calculated as :</u>

= 4/10× $ 45,000

= 18,000

<u>Book value at December 31, 2021 is calculated as :</u>

=Cost - Accumulated Depreciation

=$45,000 - $ 18,000

=$ 27,000

4 0
3 years ago
Read 2 more answers
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