Answer:
D- All of the above
Explanation:
Edg. 2021, took the test and got 100 percent
Answer:
Residual Income = $6,000
Explanation:
Residual income is the excess income of a firm leftover the opportunity cost of capital or over the desired income.
Given,
The minimum rate of return 12%
Average operating assets = $300,000
Net operating income = $42,000
We know,
Residual Income = Net Operating Income - (Average operating assets x the minimum rate of return)
Residual Income = $42,000 - ($300,000 x 12%)
Residual Income = $42,000 - $36,000
Residual Income = $6,000
Answer:
Option 1 and 2
Explanation:
Complete Question
Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers?
CHECK ALL THAT APPLY.
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High school athletes stop shopping there.
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The inventory of sports socks goes unsold.
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Publicity for the store declines.
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Profits decline because dress shoes cost less than sneakers
Solution
Sole Sister Shoe Store chooses to sell dress shoes over sneakers because the customers of sneakers stopped shopping from the store. Sneakers are mainly purchased by the high school athletes over any other footwear. Now, they stopped shopping and hence Sole Sister Shoe Store started selling dress shoes
Also, sports socks' inventory is unsold indicating the reduction in sale of sneakers and hence the Sole Sister Shoe Store started selling dress shoes
The correct answer is; Sight and foresight.
Further Explanation:
When a person can recognize that someone's needs aren't being met, they can make a career out of being a caregiver. First, the person must be able to to have foresight and sight into another persons needs and be able fulfill everything that they haven't been getting.
Being a caregiver is a role that needs someone that has compassion and be able to know what is needed before being asked. There are other careers that can be made by having the sight and foresight that others may not have.
Learning to become an entrepreneur and have your own business can be hard to start but with three traits, anyone can do it if they try. The three traits to have are;
- motivation
- decision making
- sight & foresight
Learn more about being an entrepreneur at brainly.com/question/8461972
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