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Archy [21]
3 years ago
15

W.W. Grainger, Inc. is one of the world's largest largest business-to-business distributors of equipment, component parts, and s

upplies in the united states and Canada. It has ownership title to over 220,000 products, which are stocked in one national and nine regional warehouses to gurantee product availability and quick service to the many manufacturers who are its customers. W.W. Grainger is an example of a(n):_________.
a. agent or broker
b. merchant wholesaler
c. retailer
d. consumer market
e. hypermarket intermediary
Business
1 answer:
cestrela7 [59]3 years ago
6 0

Answer:

Merchant wholesaler

Explanation:

A merchant wholesaler is a business owner that specializes in purchasing goods in large quantities and then sell to other retailers and wholesalers.

Since they purchase their products in large quantities, they have different warehouses in their acquisition. These warehouses are used to store the products.

Merchant wholesalers are very vital in the chain of distribution as they facilitate the smooth movement of goods which takes places between the producers and the retailers.

In the scenario described above, W.W. Grainger is an example of a merchant wholesaler.

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Chestelle Corporation, a sports equipment manufacturing company, borrows a considerable sum of money as loan from GRJ Bank, a pr
Ymorist [56]

Answer:

Long term liability

Explanation:

Long term liability is defined as the amount of money a business owes that is due above a year. It is liabilities that do not affect the current liquidity of the business and its ability to do business.

In this scenario Chestelle Corporation has borrowed a large amount of money that is due in 4 years. It is due in over a year so it is a long term liability.

Long term liabilities are usually used to purchase capital assets or to make long term investment

3 0
3 years ago
Read 2 more answers
Anderson Compounds produces two industrial chemical compounds, Gorp and Gumm, from the same process, which last year, cost $480,
Olin [163]

Answer:

b. 320000

Explanation:

In order to calculate the joint cost of Gorp we need to understand what the method means and how it's used to calculate it. The adjusted sales method is used to allocate joint costs based on the prices the products are sold.

First of all we need to calculate the percentage of Selling price of Gorp to that of the total selling price of both Gorp and Gumm.

I.e: 60 ÷ (60+30) × 100

SP % of Gorp= 66.67%

Now we calculate joint cost allocated to Gorp.

Total joint cost of both Gorp and Gumm = $480000

Joint cost of Gorp = $480000 × 66.67%

Joint cost of Gorp = $320,000

3 0
3 years ago
A University of Iowa basketball standout is offered a choice of contracts by the New York Liberty.
Ratling [72]

Answer: <em>The lowest interest rate at which the present value of the second contract exceeds that of the first is </em><em>a. 7 percent</em><em>.</em>

Explanation:

<em>Calculating present values is a useful way to compare cases where money is to be received in the future. The higher the present value (when comparing cases where you get money), the better</em>. To calculate it, we make use of the next formula:

PV=\frac{C}{(1+r)^{n}}

Where PV: Present value,

C: Cash flow at a given period,

r: Interest rate, and

n: Number of periods that will have passed (in this case, we are talking about years).

Now, since we are getting money twice in each case (the first payment one year from today, and the final payment two years from today), we can restructure our present value formula to include these two payments. We will get something like this:

PV=\frac{C_1}{1+r}+\frac{C_2}{(1+r)^{2}}

<em>Notice how each fraction represents one of the payments received, with one having an 'n' of 1 year, and the other one having an 'n' of 2 years. C₁ and C₂ represent the first and the second payment, respectively.</em>

<em />

Now that we have our completed formula, let's review each contract's present value (PV) with the lowest interest rate (7%), just to see how it turns out. <em>Remember that 7% equals 0.07 in any formula</em>:

<em>Contract A) This one gives her $100,000 one year from today and $100,000 two years from today</em><em>.</em>

PV_{A,0.07}=\frac{100000}{1+0.07}+\frac{100000}{(1+0.07)^{2}}\\PV_{A,0.07}=93457.944+87343.873\\PV_{A,0.07}=180801.817dollars

So Contract A's present value at 7% interest rate would be equal to <em>$180801.817</em>.

<em>Contract B) The second one gives her $132,000 one year from today and $66,000 two years from today</em><em>.</em>

PV_{B,0.07}=\frac{132000}{1+0.07}+\frac{66000}{(1+0.07)^{2}}\\PV_{B,0.07}=123364.486+57646.956\\PV_{B,0.07}=181011.442dollars

So Contract B's present value at 7% interest rate would be equal to <em>$181011.442, </em><em><u>which exceeds that of Contract A</u></em><em>.</em>

<em>Since among our options of interest rates, 7 percent is the lowest one, and, with this taken into account, the present value of the second contract (Contract B) exceeded that of the first (Contract A), </em><em>the answer is a. 7 percent</em><em>.</em>

8 0
3 years ago
Quizlet MODULE 1: STRATEGIC HUMAN RESOURCE MANAGEMENT (SHRM) (Wright, 2008) 1. List and describe the components of Porter’s Stra
PSYCHO15rus [73]

Answer:

Competitive Advantage  by  creating value

Value:

reduce cost Strategy; low prices

Differentiation Strategy: Creating a uniques product diffrent from your competitors

2Core Capabilities: it has do with creating competitive advantage, strategic resources to meet aims and objectives

3.Valuable, Rare, Inimitable, Organized

4.- Value of Human Capital: very key in contributing to competitive advantage

-  Human Capital must be distinct:

5.o Strategic Knowledge Workers: they have unique skills, get more pay

o Core Employees: they have skills to perform certain task.they can be replaced with another employer

o Supporting Labor: They have general skills

o Complementary/Alliance: They are like contractors or allies

see the explanation below for further answers to 6,7,8,9

Explanation:

1.  List and describe the components of Porter’s Strategy typology

Competitive Advantage  by  creating value

Value:

reduce cost Strategy; low prices

Differentiation Strategy: Creating a uniques product diffrent from your competitors

2. Explain the concept of "core capabilities"

Core Capabilities: it has do with creating competitive advantage, strategic resources to meet aims and objectives

3. Identify the criteria for a core capability (or resource) to become a source of sustained competitive advantage for an organization

Valuable, Rare, Inimitable, Organized

4. Identify the two dimensions along which human capital differs according to the human capital architecture.

- Value of Human Capital: very key in contributing to competitive advantage

-  Human Capital must be distinct:

5. List and describe the four types of workers identified by the human capital architecture model.

o Strategic Knowledge Workers: they have unique skills, get more pay

o Core Employees: they have skills to perform certain task.they can be replaced with another employer

o Supporting Labor: They have general skills

o Complementary/Alliance: They are like contractors or allies

7.Match the four types of workers to their correct location along the human capital architecture

o Strategic Knowledge Workers: high unique, high value

o Core Employees: low unique, high value

o Supporting Labor: low unique, low value

o Complementary: high unique, low value

8. Summarize the components and principles of the two generic HR strategies.

Control vs. Commitment Oriented Work System:

- High Performance Work System:

9.  Explain how the components of a high performance work system (HPWS) should fit both with one another and with other systems in the organization

o when a component changes it effects a change in the other

o Horizontal fit: make certain all HR practices,management , work design,  and technologies complement one another

3 0
3 years ago
Joker stock has a sustainable growth rate of 7 percent, ROE of 10 percent, and dividends per share of $1.20. If the P/E ratio is
belka [17]

Answer:

P/E ratio = <u>Market price per share</u>

                Earnings per share

15 = <u>Market price per share</u>

       $4

Market price per share = 15 x $4 = $60

Growth rate = Retention rate x ROE

0.07 = Retention rate x  0.10

<u>0.07</u> = Retention rate

0.10

Retention rate = 0.7 = 70%

Dividend pay-out ratio = 100% - 70%

Dividend pay-out ratio = 30%

Earnings per share = 100/30 x $1.20 = $4

Explanation:

In this case,  we will apply the formula of price-earnings ratio, which is market price per share divided by earnings per share. The P/E ratio was given while the earnings per share is derived. The market price per share becomes the subject of the formula.

In order to determine the earnings per share, we need to obtain the retention ratio by applying the formula of growth rate. In this case, growth rate and ROE were provided in the question with the exception of retention rate. Thus,  the retention rate is made the subject of the formula.  Having obtained the retention rate, we will now obtain the dividend payout ratio which is 100% minus retention rate.

Then, we will obtain the earnings per share by dividing 100 by the pay-out ratio multiplied by the dividend per share.

8 0
3 years ago
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