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Anit [1.1K]
4 years ago
13

In early November, department stores begin to prepare for upcoming holiday sales. Retail stores often make 25 percent or more of

their yearly revenue during November and December. Sales associates for a nationwide department store are hired for their energy and enthusiasm, but after the long summer months many are unprepared for the intense workload of the holiday sales season. Nancy Cardigan, general manager of store #415, knows she needs to get the staff excited about their jobs, their stock, and their customers before the doors open on their first sales event in late November. Nancy calls a meeting.
What purpose will this meeting serve?

(A) Motivation
(B) Problem identification
(C) Intensive problem solving
(D) Information review and presentation
Business
1 answer:
natali 33 [55]4 years ago
8 0

Answer: The correct answer is "(A) Motivation".

Explanation: The purpose of this meeting will be <u>Motivation,</u> because Nancy Cardigan will look for ways to motivate employees who, after the long summer months, are not prepared for the intense burden of Christmas sales, therefore they will try to implement the various motivational techniques such as the payment of bonuses, incentives , etc.

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A firm has net working capital of $2,715, net fixed assets of $22,407, sales of $31,350, and current liabilities of $3,908. How
babunello [35]

Answer:

So, from every $1 of total assets, $1.08 worth of sales are generated.

Explanation:

To calculate how many dollars worth of sales are generated by $1 of total assets, we use the total assets turnover ratio. It is an accounting measure that measures the efficiency of the company's assets in generating sales. It calculates the dollar values of sales generated by each $1 of total assets. The formula for total assets turnover is,

Total Assets Turnover = Sales / Average Total Assets

We already know the level of sales. We need to determine the value of total assets first.

Total Assets = Fixed assets + Current Assets

As we know that net working capital = current assets - current liabilities,

So, the current assets are,

2715 = Current assets - 3908

2715 + 3908 = Current assets

Current assets = $6623

Total assets = 6623 + 22407

Total assets = $29030

Total Assets Turnover = 31350 / 29030

Total assets turnover = 1.0799 rounded off to 1.08

So, from every $1 of total assets, $1.08 worth of sales are generated.

3 0
4 years ago
When total production is greater than total expenditures, __________ is produced than households want to buy, which leads to ___
ycow [4]

Answer:

The correct order of answer is: more, increases, overproduced

Explanation:

A situation in which the production level is higher than the population's consumption level is contemplated to be an overstock. An overstock happens when you have products that have not been sold due to the fact that the amount is higher than the project demanded.

This can only reduce when organisations agree to offer the same quantity which is needed in the market.

8 0
3 years ago
Read 2 more answers
Which describes a slowdown?
yulyashka [42]
Workers intentionally reduce productivity, can also be a strike, if too little work is done.
3 0
4 years ago
Read 2 more answers
Country X has currency C1 and Country Y has currency C2. The nominal exchange rate C2/C1 and GDP deflator P for Country X and P*
Kaylis [27]

Answer:

Explanation:

a)  

Year             percentage increase

2011               21.21162

2012       14.35054

2013       20.62696

b) Assuming C1 is the domestic currency, an increase in E will cause price of C2 in term of C1 to;   Decline

c) If the value of e decrease, given that E is increasing, then Country Y would be experiencing a lower rate of inflation compared to Country X  

d) if foreign goods are relatively less expensive compared to the domestic goods and assuming that the nominal exchange rate of the currencies is equity, then there is disparity in the real exchange rate.

3 0
3 years ago
15. Consider a no-load mutual fund with $400 million in assets, 50 million in debt, and 15 million shares at the start of the ye
Aliun [14]

Answer:

12.09%.

Explanation:

Calculation to determine the rate of return on the fund

First step is to calculate the beginning year NAV

Beginning year NAV = ($400 million assets - 50 million debt) / 15 million shares

Beginning year NAV = 23.33

Second step is to calculate the ending year NAV

Ending year NAV = ($500 million assets - (500*0.75% expense) - 40 million debt] / 18 million shares

Ending year NAV =[456.25/18 million shares]

Ending year NAV =25.35

Now let calculate the return using this formula

Return = (Ending NAV -beginning NAV + Capital gain + income) / Beginning NAV)

Let plug in the formula

Return = (25.35-23.33+0.30+0.50)/23.33

Return = 12.09%

Therefore the rate of return on the fund is 12.09%

6 0
3 years ago
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