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2 years ago

What is the oldest retailer still operating in the u.S.?

Business

1 answer:

Tom [10]2 years ago

3 0

Answer:

Brook brothers is the oldest that is still doing business today

First store was open in 1818

You might be interested in

Suppose we have a 2-person world, with only Stephen and his friend LeBron. Suppose that Stephen can move 70 boxes or bake 28 coo

PIT_PIT [208]

Answer:

Option (c) is correct.

Explanation:

Stephen can move 70 boxes or bake 28 cookies:

Opportunity cost of moving a box = (28 ÷ 70)

= 0.4 cookies

Opportunity cost of baking a cookie = (70 ÷ 28)

= 2.5 boxes

LeBron could move 24 boxes or bake 6 cookies:

Opportunity cost of moving a box = (6 ÷ 24)

= 0.25 cookies

Opportunity cost of baking a cookie = (24 ÷ 6)

= 4 boxes

Yes, trade is possible.

Stephen has a comparative advantage in baking cookies because of the lower opportunity cost than LeBron, so he is specialized in baking cookies.

On the other hand, LeBron has a comparative advantage in moving boxes because of the lower opportunity cost than Stephen, so he is specialized in moving boxes.

3 0

3 years ago

Which of the following types of advertising is particularly expensive? A. Internet ads B. Newspaper ads C. TV commercials D. Rad

Vera_Pavlovna [14]

C, tv commercials are ussualy the most expensive.

If that helps make sure to mark this as the brainliest!
-procklown <3

7 0

3 years ago

Read 2 more answers

Paul loved to party at mardi gras, even if he was not involved in making a float or anything else. the atmosphere on the street

Mashutka [201]

The answer is moral holiday. Taking a moral holiday means temporarily loosening up and taking it easy, not carrying the heaviness of the world on your shoulders, not being despairingly depressed by depressing realities. In other words, there are specified times when people are allowed to break norms. The best example is during Mardi gras.

3 0

3 years ago

The Baldwin company will sell 100 units (x1000) of capacity from their Baker product line. Each unit of capacity is worth $6 plu

yKpoI14uk [10]

Answer: $2,210,000

Explanation:

From the question, we are informed that the Baldwin company will sell 100 units (x1000) of capacity from their Baker product line and that each unit of capacity is worth $6 plus $4 per automation rating.

We are further told that the Baldwin company will sell the capacity for 35% off. The amount they'll receive when the capacity is sold will be:

The cost per unit will be

= 6 + (4 × 7)

= 34

The worth of the capacity will now be:

= 100000 × 34

= 3,400,000

The amount received will be:

= 3400000 × (1-35%)

= 3400000 × 0.65

= $2,210,000

3 0

3 years ago

On December 31, 2021, Interlink Communications issued 6% stated rate bonds with a face amount of $119 million. The bonds mature

Tamiku [17]

Answer:

Price of the bond is $104,236,860.

Explanation:

Given:

Coupon rate is 6% or 0.06

Face value = $119,000,000

Coupon payment each year = 0.06×119,000,000

= $7,140,000

Yield to maturity = 7% or 0.007

Maturity period = 30 years

Price of bond = Present value of face value + present value of coupon payment (annuity)

Price of bond = $119,000,000_{(PV\ 30,0.07)} + 7,140,000_{(PVA\ 30,0.07)}$

PV of $1 for 7%,30 periods = 0.1314

PVA of $1 for 7%,30 periods = 12.409

Substitute the values in above formula:

Price of bond = (119,000,000 × 0.1314) + (7,140,000 × 12.409)

= 15,636,600 + 88,600,260

= $104,236,860

There will be slight difference in final answer as present value table is used. Excel spreadsheet gives an accurate answer.

So, price of bond is $104,236,860

8 0

3 years ago