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Alinara [238K]
3 years ago
9

Bertone's Office Supplies has large stores resembling warehouse environments, with racks stocked from floor to ceiling with diff

erent types of office supplies. Its assortment of office supplies is the largest in town, and its prices are low. Bertone's is a(n)_____.
Business
1 answer:
zhuklara [117]3 years ago
7 0

Answer:

Category specialist

Explanation:

Retail chains offer expansive groupings of items with numerous offices isolating item types. Category retailers are the one that spend significant time in one class of items. These classifications are genuinely wide, for example, dress or equipment. Stores such as Bertone's usually sell particular kind of item, yet at the same time have an exceptionally wide arrangement with lots of variety inside that class.

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Hancock Inc. retains most of its earnings. The company currently has earnings per share of $11. Hancock expects its earnings to
monitta

Answer:

D1 = $3.50

D2 = $3.50

D3 = $3.50

Ke = 10% = 0.1

Po = <u>D1</u> +     <u>D2</u> +      <u>D3 </u>

      (1+ke)   (1+ke)2   (1+ke)3

Po = <u>$3.50</u> +   <u>$3.50</u>  + <u>$3.50 </u>

        (1+0.1)      (1+0.1)2  (1+0.1)3

Po = $3.18    +  $2.89  + $2.63

Po = $8.70

None of the above

Explanation:

In this scenario, we need to discount the dividend in each year by the required at rate of return of 10%. The aggregate of the price obtained as a result of discounting in year 1 to year 3 gives the current market price.

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4 years ago
Select the budget that would most quickly achieve the financial goal of saving $6000 for college tuition. Monthly Budget Budget
Artemon [7]

Answer:

it's A.

Explanation:

Just took the test

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3 years ago
James is an auditory learner. what is the best way for him to process his notes
Ksivusya [100]
James learns through listening.
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3 years ago
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The more redundancy, the better your network is. True or False??
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8 0
4 years ago
TJ's has a market value equal to its book value. Currently, the firm has excess cash of $218,500, other assets of $897,309, and
rodikova [14]

Answer:

Explanation:

Given:

Excess cash = $218,500

Assets = $897,309

Equity = $547,200

outstanding shares of stock = 40,000

Net income = $59,800.

Repurchase program = 15% of excess cash

Book value per share (price per share) = equity/number of shares

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= $13.68 per share

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= 15/100 × 218500

= $32775

Total number of shares bought in repurchase program = total cost of the repurchase program/price per share

= $32775/$13.68

= 2395.8 shares

= 2395 shares

8 0
3 years ago
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