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BartSMP [9]
3 years ago
11

Cash and Carry is a store that carries food, clothing, and household goods at lower price margins than other nearby stores. Ther

e is little service provided and customers have to bag their own purchases. Cash and Carry is most likely an example of a(an) ____________.
Business
1 answer:
bagirrra123 [75]3 years ago
7 0

Answer: Discount store

Explanation: As the name suggests, discount store is the store in which the prices of general products are lower than other retail shops.

            These stores makes it possible to provide such discounts by purchasing in bulk from the intermediary, or direct purchase from the producer or by cutting the cost of other services provided.

So, from the above we can conclude that cash and carry is a discount store.

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A long term investment usually means an investment period of one to three months?
GarryVolchara [31]

Answer:

False

Explanation:

7 0
2 years ago
Read 2 more answers
Which of the following statements is not accurate descriptions of the business market? Mrs. Phillip, a retail buyer for Blooming
Natali [406]

Answer:

Mrs. Phillip, a retail buyer for Bloomingdale's, does all the shopping for her family at the same store.

Explanation:

The business market is the market where you can sell your product and services to the other businesses so it can be used as a raw material for the other business in order to manufacture the products. And, the other reason is to purchased the products and resell them.

So based on the given statements, the first option is considered as in the remaining statements there are business transactions but in this only one person i.e. retail buyer is considered

8 0
2 years ago
A manufacturing department has 50,000 EUP for units completed and transferred out and 4,500 EUP for units in ending inventory. M
ludmilkaskok [199]

Answer:

Value of closing inventory = $ 28,125.00

Explanation:

To value inventory, we multiply the cost per equivalent unit of production (cost per EUP) by the the number of equivalent units(EUP)  for each of the cost element.

So the value of the closing inventory, is determined as follows:

Value of inventory = cost per E.U.P × number of E.U.P

Material = $2.50 × 4,500 = 11,250.00

Labour and overhead= $3.75 × 4,500 =  16,875.00

Total amount of work in progress

= 11,250 + 16, 875

= $ 28,125.00

6 0
3 years ago
Suppose Stuart Company has the following results related to cash flows for 2021: Net Income of $5,600,000 Increase in Accounts P
seropon [69]

1. The statement of cash flows of Stuart Company for the year ended December 31, 2021, is as follows:

Stuart Company

<h3>Statement of Cash Flows</h3>

For the year ended December 31, 2021,        $'000

Net Income                                                     $5,600

Depreciation                                                      1,900

Other Adjustments                                            (800)

Increase in Accounts Payable                           600

Decrease in Accounts Receivable                    900

Increase in Inventory                                        (200)

Net Cash Flow from Operating Activities $8,000

2. The Net Cash Flow from Operating Activities for Stuart Company for 2021 is <u>$8 million</u>.

<h3>What are operating activities' cash flows?</h3>

The cash flows from the operating activities section affect revenues and expenses.

They indicate the cash flows that originate from the regular business activities of the entity.

To prepare the statement of cash flows, the first items to adjust the net income are the non-cash expenses and losses and revenues and gains.

Learn more about the operating activities section at brainly.com/question/25530656

#SPJ1

8 0
2 years ago
________is one of the most substantial influences on buyer behaviors and attitudes. It is the smallest, most immediate reference
scZoUnD [109]

Answer: Family.

Explanation:

The family a consumer is born into, strongly influences the way that consumer would make purchase for the rest of their lives. This occurs because in the family, the consumer is groomed to love a certain type of food, fashion and develop a specific type of taste that remains with them as long as they live.

3 0
3 years ago
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