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shusha [124]
3 years ago
8

Your store has average sales of $1,680 per day. Its shrinkage rate is 3%. What will its losses be for an entire year?

Business
1 answer:
Lerok [7]3 years ago
6 0

Answer:

$18,396

Explanation:

Average sales of the store per day = $1,680

Number of days in a year = 365

Total sales in a year = $1,680  x 365 = $6132,200

Shrinkage rate = 3%

Losses for an entire year = 0.03 x $6132,200 = $18,396

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Which of the following groups would have access to managerial accounting information?a. bankers.
Liono4ka [1.6K]

Answer:

D

Explanation:

Those that have access to managerial accounting information are known as internal users of accounting information. They include :

  1. managers
  2. owner
  3. employees

Those that do not have access to managerial accounting information are known as external users of accounting information. They include :

a. bankers.

b. investors.

c. regulatory bodies

8 0
4 years ago
he Steel Mill is currently operating at 84 percent of capacity. Annual sales are $28,400 and net income is $2,250. The firm has
nignag [31]

Answer:

-911.51 the debt will decrease if sales increase 12%

Explanation:

sales: 28,400

increase of 12%

new sales:  31,808

<em><u>profirt margin:</u></em>

2,250/28,400 = 0.0792 = 7.92%

income: 31,808 x 7.92% = 2,519.19

retained earnigns grow: (1-payout ratio) = 0.6

2,519.19 x 60% =  1,511.514‬

Increase in working capital: 5,000 x 12% = 600

Asset requirement - reteined earnigns grow = financial needs

600 - 1,511.51 = -911.51

8 0
3 years ago
Tanner Entertainment is a popular video game manufacturer. It has recently launched a special line of adventure video games, bas
masya89 [10]

Answer:

A concentration approach                                

Explanation:

In simple words, The Concentration strategy relates to a proactive approach where the focus of a corporation is a trading bloc or component. This helps the organisation to spend more money in manufacturing as well as marketing within that one region, but increase the chance of substantial losses in case of a decline in revenue or a rise in competition.

6 0
3 years ago
the table below reports quarterly gdp and real gdp data for the united states during the great recession, which lasted from the
Sergio039 [100]

The above exercise has to do with GDP Analysis. It contains a comparison between Real GDP and nominal GDP.

<h3>What is real GDP?</h3>

Real GDP refers to a version of GDP (Gross Domestic Product) that has been adjusted for the effects of price inflation.

Thus:

From 2007 Q4 through 209 Q2, the real GDP grew by - 3.98%. This was a negative growth.

This was computed by the following formula:
% Increase = (Amount representing increase/ Original Figure) x 100

That is :   ((15,134.10 -15762.00)/15,762.00)*100

= -3.98363151884

≈-3.98

Learn more bout Nominal GDP at;
brainly.com/question/834792
#SPJ11

7 0
2 years ago
In its 2013 annual report, Snap-On Incorporated reported the following (in millions):
castortr0y [4]

Answer:

Option (c) is correct.

Explanation:

Given that,

Current assets = $1,796.2

Total shareholders equity = $2,130.4

Total liabilities = $1,979.6

Accounting equation is as follows:

Assets = Total liabilities + Total Stockholder's equity

           = $1,979.6 + $2,130.4

           = $4,110 million

Therefore, the Snap-On report as total assets at year-end 2013 is $4,110 million.

6 0
3 years ago
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