Located predominately in Europe, stores called<u> HYPERMARKETS</u> are based on the concept of one-stop shopping for consumers. Such retail stores, which use scrambled merchandising, typically span over 200,000 square feet of floor space and offer quality, variety, and low price for food and groceries and general merchandise.
Explanation:
- A hypermarket is a big-box store combining a supermarket and a department store.
- Competitive advantages of hypermarkets, traditional retailers mention lower prices, longer opening hours, greater product assortment and better adaptation to consumer shopping habits.
- A hypermarket is a retail store that combines a department store and a grocery supermarket. Often a very large establishment, hypermarkets offer a wide variety of products such as appliances, clothing, and groceries
- The result is an expansive retail facility carrying a wide range of products under one roof, including full groceries lines and general merchandise
- Target is an example of a hypermarket because it offers a variety of food products, clothing, electronics, books, toys, and even furniture. Hypermarkets focus on providing bulk items at steeply discounted rates. Costco is another popular example of a hypermarket
Answer:
A) debit interest expense, $1000
Explanation:
to determine the accrued interest expense = $100,000 x 6% x 2/12 = $1,000
the journal entry should be:
December 31, 2018, accrued interest expense on note payable:
Dr Interest expense 1,000
Cr Accrued interest payable 1,000
Accrual accounting establishes that expenses must be recognize during the period that they occur regardless of when they are paid. So we must recognize 2 months worth of interest.
Answer:
B) dividing the change in total cost by the change in output
Explanation:
Marginal cost(MC) is the cost incurred as a result of producing additional units of goods and services. It is calculated by dividing a change in total cost by a change in output.
That is,
Marginal cost(MC)= change in total cost(TC)/ change in output
Total cost(TC): This is the addition of fixed and variable cost in production.
Total cost(TC)= fixed cost (FC)+variable cost (VC)
Fixed cost (FC) are cost that doesn't change during the production process such as buildings, machineries and furniture.
Variable cost (VC) are cost that changes or are used up during production process such as raw materials.
Answer: c. interest rate falls; investment rises
Explanation:
The Fed buying treasury securities from banks is an expansionary policy when the government wants to increase the money in circulation and increase economic growth.
When the Fed buys Treasury securities from banks, this will lead to availability of funds as prices will be pushed higher and there will be a reduction in the interest rate.
Since there is reduction in interest rate, investment will increase as investors will borrow from banks.
