Answer:
Pure risk
Explanation:
To the best of knowledge, will it is a situation one finds him/herself in and doesn't know how to solve the issue but has only one possible outcome if it truly happens; which could be danger.
Answer:
Total Assets = $2391000
Net Income = $318000
Explanation:
The corrected amount for total assets and net income for the year :
Total Assets = $2391000
Net Income = $318000
Answer:
$72,700
Explanation:
Data provided in the question:
Purchasing cost = $70,000
Sales tax = $700
Freight charges = $800
Shipping charges = $150
Repair charges = $1,300
Installation cost = $1,050
Now,
Cost of the equipment
= Purchasing cost + Sales tax + Freight charges + Shipping charges + Installation cost
= $70,000 + $700 + $800 + $150 + $1,050
= $72,700
Note: Repair cost is not included in the cost.
Answer:
Fragmented Retail system
Explanation:
A fragmented retail system can be defined as a market in which no firm can has or can exert any influence to move the market in a particular direction.
This simply means that a fragmented retail system is one in which no product or firm has a grip or major share in the market. This leaves the market to a lot of small and medium scaled businesses competing with larger companies.
From the question, it can be seen that there a lots of small stores that serves the neighborhood. This means that the small shops cater for the needs of people within its vicinity such that there isn't any need for visiting larger stores.
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