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3 years ago

Catherine is starting her own catering company. So far she has researched

Business

1 answer:

weqwewe [10]3 years ago

8 0

Answer:

A. She needs to acquire funding for her business.

Explanation:

Took the test

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Why were trade unions established

Juliette [100K]

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Answer:

Labor unions were created in order to help the workers with work-related difficulties such as low pay, unsafe or unsanitary working conditions, long hours, and other situations. ... Sometimes the unions organized strikes in order to try to change the conditions of the workers. Early strikes were rarely successful.

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5 0

3 years ago

Read 2 more answers

A customer buys a new issue municipal bond with a dated date of January 1st, settling on February 1st. The first interest paymen

yKpoI14uk [10]

Answer: 30 days

Explanation:

The accrued interest is to be paid for the period beginning from the date of issue till the date of settlement. However, the date of settlement is not included which means interest will not be paid for the 1st of February.

That leave the 31 days of January for payment. With Municipal Bonds however, accrued interest is calculated assuming only 30 days in a month so January will have 30 days in terms of accrued interest.

30 days is the number of days that accrued interest must be paid to the underwriter.

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3 years ago

LeMay Department Store uses the retail inventory method to estimate ending inventory for its monthly financial statements. The f

Rom4ik [11]

Answer:

See below

Explanation:

a. Estimated ending inventory and cost of goods sold for March

Costs Retail

Beginning inventory $44,000 $66,000

Add:

Net purchases $211,000 $404,000

Less:

Purchase return ($6,000) ($8,000)

Freight in $21,396 $0

Net markups $0 $6,200

Goods available for sale $270,396 $468,200

Less:

Net mark down $0 ($3,900)

Goods available for sale( after markup) $270,396 $464,300

b. Cost to retail percentage using average cost method

= [(Goods available for sale at cost(after markup / Goods available for sale at retail (after markup) ] × 100

= [($270,396 / $464,300)] × 100

= 58.24%

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3 years ago

What is the price of a stock today if it pays a Dividend TODAY of $2. Its growth rate is 5%, and its market return is 12%?

Nutka1998 [239]

Answer:

$30.00

Explanation:

The price of the stock can be derived from the stock theoretical price formula given and explained below:

stock price=expected dividend/(market return-growth rate)

expected dividend=dividend paid today*(1+growth rate)

expected dividend=$2*(1+5%)

expected dividend=$2.10

market rate of return=12%

growth rate=5%

stock price=$2.10/(12%-5%)

stock price=$2.10/7%

stock price=$30.00

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3 years ago

Diners are served in a process with two resources. The first resource has a capacity of 1.1 diners per hour. The capacity of the

Firdavs [7]

The cycle time of this process for the firm is 2.89.

<h3>What is a Cycle Time?</h3>

This refers to the average time between the start of production of one unit and the start of production of the next unit of production

Cycle Time = Net time available to work / Customer demand

Cycle Time = 1.1 + 1.5 / 0.9

Cycle Time = 2.88888888889

Cycle Time = 2.89.

Therefore, the cycle time of this process for the firm is 2.89.