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tino4ka555 [31]
3 years ago
12

Merv's Hardware, a small family-owned store in Middletown, sells a 100-pack of garnet sandpaper for $35. The Home Shoppe, a larg

e retail hardware chain in neighboring Morristown, sells the same product for $29. Based on this scenario, what would you expect Merv's immediate response to be?
Business
1 answer:
frozen [14]3 years ago
8 0

Answer:

Merv's Hardware would most likely try to lower the sale price of the sandpaper. In order to do so, the family store would have to reduce the costs of production, both fixed and variable. It might not still be able to match the $29 price offered by The Home Shoppe, but it could expect to rely on convenience for customers because while the Home Shoppe offers a cheaper product, it is located on another town and some customers may not want to go there.

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4 0
1 year ago
Walter’s dividend is expected to grow at a constant growth rate of 6.50% per year. What do you expect to happen to Walter’s expe
denpristay [2]

Answer:

A. It will stay the same.

Explanation:

The formula to compute the dividend yield is shown below:

= (Annual dividend ÷ market price) × 100

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3 0
3 years ago
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Answer:

d. Disclosed because of their usefulness to financial statements.

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One class of Liability that relate to the case is a <em>Provision</em>.A provision is a liability whose amount can be determined with certainty.

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3 0
2 years ago
ABC Partnership has the following capital balances and profit and loss percentages. A (50%) $100,000 B (30%) $200,000 C (20%) $3
AVprozaik [17]

Answer:

Answer:

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8 0
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