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yuradex [85]
3 years ago
8

Which scenarios can be considered effects of Sole Sister Shoe Store choosing to sell dress shoes over sneakers? Select two answe

rs.
Business
1 answer:
GaryK [48]3 years ago
7 0

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.

  1. High school athletes stop shopping there.
  2. The inventory of sports socks goes unsold.
  3. Publicity for the store declines.
  4. 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

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First Financial Auto Loan Department wishes to know the payment required at the first of each month on a $10,500, 48-month, 11%
julia-pushkina [17]

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First Financial would divide the $10,500 loan by the present value of annuity due of 1.

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Explanation:

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7 0
3 years ago
The following events occurred for Johnson Company: a. Received investment of $39,000 cash by organizers and distributed 1,190 sh
soldi70 [24.7K]

Answer:

Cash 39.000 debit

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  Additional Paid-in 37,810 credit

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Explanation:

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as the equipment is worth 7,100 and we paid 1,300 cash the differnece: 7,100 - 1,300 = 5,800 is the principal of the note signed

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