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harina [27]
2 years ago
7

The shoe department accounts for 2,700 square feet in a store and achieved sales per square foot of $800. Calculate the total sa

les for the shoe department.
Business
1 answer:
marysya [2.9K]2 years ago
5 0

Answer:

$2,160,000

Explanation:

if the sales per square foot are $800 and the area covered by the shoe department is 2,700 square feet, then total sales = $800 x 2,700 = $2,160,000

Sales per square foot are an important tool when measuring sales performance of brick and mortar stores, especially those located in malls. The malls with the highest sales per square foot are also expensive or premium malls, e.g. Bal Harbour in Miami Beach sells on average $3,185 per square foot.

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_________obtain goods from manufacturers and sell them to consumers.
zzz [600]

Answer:

market?

Explanation:

cause in the end it says sell them

6 0
2 years ago
Read 2 more answers
PackMan Corporation has semiannual bonds outstanding with nine years to maturity and are currently priced at $754.08. If the bon
Ann [662]

Answer:

b. 8.225%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.  

The NPER represents the time period.  

Given that,  

Present value = $754.08

Assuming figure - Future value or Face value = $1,000  

PMT = 1,000 × 7.25% ÷ 2 = $36.25

NPER = 9 years × 2 = 18 years

The formula is shown below:  

= Rate(NPER,PMT,-PV,FV,type)  

The present value come in negative  

So, after solving this,  

1. The pretax cost of debt is 11.75%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 11.75% × ( 1 - 0.30)

= 8.225%

8 0
3 years ago
A situation in which the design or operation of a control does not allow management or employees, in the normal course of perfor
Helen [10]

Answer: (A) Control deficiency

Explanation:

 The control deficiency is the type of situation in which the operation and the designing of the control are not allowing the management and an employee performing the various type of assigned function.

The control deficiency process occur when the person are involving with the authority in the transaction cycle.

This situation is usually occur in an larger type of an organization. The deficiency may be on the financial report that control internally.  

Therefore, Option (A) is correct.

3 0
3 years ago
05) Assume that prices and wages adjust rapidly so that the markets for labor, goods, and assets are always in equilibrium. What
Kay [80]

Answer:

Explanation:

a. A temporary increase in government purchases would result in a  reduction in savings, which would, in turn, lead to the implementation of higher taxes by the government so as to match prices and wages.

This would: make output to remain unchanged, real interest to increase and current price level to increase as well.

b. A reduction in expected inflation would lead to an increment in the demand for real money, as people do not expect inflation to increase for a while. Thus, more demand creates a reduction in the price level. Everything else remains unchanged. This would: make output remain unchanged, real interest remain unchanged and the current price level to decrease.

C. A temporary increase in labor supply would make more people have jobs and therefore more people can save. If more people save the interest rates are liable to decrease therefore money demand will increase. This would: make output to increase, real interest to decline and current price level to decrease.

d. An increase in the interest rate paid on money will lead to a higher demand for money. With an unchanged nominal money supply and higher money demand, the price would decline but everything remains unchanged. This would make: output remain unchanged, real interest remains unchanged and the current price level decrease.

4 0
3 years ago
Lindsey’s college will cost her a total of $6,000 a year for the next 3 years. She is also foregoing making $26,000 a year at th
Alex_Xolod [135]

Answer: Lindsey's total investment in education is $18,000.

Since Lindsey's college will cost a total of $6000 per year for the next three years, her total investment in education will be  6000*3 = 18,000.

The $26000 per year that's given in the question is the value of Lindsey's earnings if she chose to work at the local mall. This is the gain Lindsey foregoes in each of the three years in order to learn, and represents her opportunity cost or alternate costs.


5 0
3 years ago
Read 2 more answers
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