Answer:
The correct answer to the following question is category specialist.
Explanation:
Here Bertone's office supplies can be said as category specialist stores, these are those discount stores which specializes in particular product category. That's why these stores are also called discount specialist stores. The reason why these stores are able to offer low prices is because they are using their buying power to negotiate the terms and conditions like getting the supply at low prices.
Answer: B. $770,000
Explanation:
The taxable income that they would report on the consolidate tax return would be $770,000 ($600,000 + $120,000 + $50,000)
The reason why we have added $50,000 is because the Ketchem sold $50,000 worth of supplies to Catcham and Catcham were able to pay that amount within 20 days. That is in the month of November.
Also, the consolidated report is to be made after December 27, therefore, we will include this transaction as it was before 27th December.
Answer:
Customer's (exit) = 0.03 minutes per person
Explanation:
Given:
Flow (Ф) = 400 per hour
Times = 5 times headway
Computation:
5 times Poisson Distribution = 400 per hour × 5 time
5 times Poisson Distribution = 2,000 persons
Computation of expected amount of time needed to observe one customer :
Customer's (exit) = 1 hour / 2,000 persons
Customer's (exit) = 60 minutes / 2,000 persons
Customer's (exit) = 0.03 minutes per person
<span>Speedboat is considered to be a luxury good. Income elasticity is considered to be positive with the level of income which means if the income level is higher then the demand for luxury goods will also be higher. In this case, as the income increases, the demand of speedboat will be increased. Hence, speedboat has a positive relation with income elasticity of demand.</span>
