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iren [92.7K]
3 years ago
13

One who buys, stores, and resells large quantities of goods

Business
1 answer:
wel3 years ago
5 0

Answer:

Merchant

Explanation:

They are profiters

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What happens if you lose the money you invested in your stock?
saveliy_v [14]
If that happen, other investors that bet for the opposite cause of your investment would be the one that gained that money, and you will still able to keep that stocks to collect dividend as long as you don't sell it.
(this circumtances won't happen if the reason you lost the money is the firm going into bankruptcy)
7 0
3 years ago
Block Island TV currently sells large televisions for $ 380. It has costs of $ 310. A competitor is bringing a new large televis
Fofino [41]

Answer:

$281.67

Explanation:

Data provided in the question:

Current selling price of large TV = $380

Cost of Large TV = $310

Selling price of new TV = $340

Increase in sales = 20% = 0.20

Current sales = $150,000

Now,

Expected sales after reducing the price = Current sales + Increase in sales

= 150,000 + ( 0.20 × 150,000 )

= 150,000 + 30,000

= 180,000

Target Operating income = ( $380 - $310 ) × current sales

= $70 × 150,000

= $10,500,000

New operating cost per unit

= Target Operating income ÷ Expected sales after reducing the price

= $10,500,000 ÷  180,000

or

New operating cost per unit = $58.33

Target Cost

= Price after reduction - New operating cost per unit

= $340 - $58.33

= $281.67

3 0
3 years ago
Imagine that before black diamond initiated its greenfield venture in zhouhai, china, peter and wim asked for your advice. what
Nadya [2.5K]
<span>A green field investment or venture is a foreign direct investment known as FDI. If a company decides to go the FDI route, they are building their operations within a foreign country from start to finish. They will often build many distribution warehouses, offices and living areas for their workers that go to the foreign country to work or those within the foreign country working for the parent company. </span>
7 0
3 years ago
Read 2 more answers
Assume that a firm separately determined inventory under FIFO and LIFO and then compared the results. a. In each dropdown that f
marysya [2.9K]

Answer and Explanation:

As per the data given in the question,

a)

1.  FIFO inventory        >     LIFO inventory

(Because in case of LIFO recent purchases are considered in production first or sold first so the remaining inventory are old inventory which is less costlier.)

2. FIFO cost of goods sold     <    LIFO cost of goods sold

(Because in case of LIFO recent purchases are considered in production first which are expensive so the cost of production is greater than FIFO.)

3. FIFO net income        >    LIFO net income

(Because cost of production is less under FIFO and the value of closing inventory is high, therefore the net income is also high.)

4.  FIFO income taxes   >   LIFO income taxes

(Since, income is high in FIFO, therefore the tax under FIFO will be higher.)

b) Management would like prefer to use LIFO over FIFO in periods of rising prices because Income shown in the company's Tax return will be higher if we use FIFO rather than using LIFO.

5 0
3 years ago
A dozen eggs cost $0.96 in December 2000 and $1.82 in December 2017. The average wage for workers in private industries was $14.
pogonyaev

Answer:

the percentage in which the price of the dozen eggs rise is 89.58% or 90%

Explanation:

The computation of the percentage in which the price of the dozen eggs rise is shown below;

Percentage Change in Dozens egg price is

= (Price in 2017 - Price in 2000) ÷ Price in 2000 × 100

= ($1.82 - $0.96) ÷ $0.96 × 100

= 89.58% or 90%

Hence, the percentage in which the price of the dozen eggs rise is 89.58% or 90%

8 0
3 years ago
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