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3 years ago

Which of the following is a service business?

Business

2 answers:

maria [59]3 years ago

8 0

Answer:

Examples of pure service businesses include airlines, banks, computer service bureaus, law firms, plumbing repair companies, motion picture theaters, and management consulting firms.

creativ13 [48]3 years ago

4 0

Answer:

travel agency

Explanation:

as service businesses include companies engaged in transport, food service, distribution, retail, and other industries that sell services rather than products. These intangibles provide the primary revenue source for service businesses.

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Harry goes to the local Staples store to purchase a laptop computer. He asks many questions of the salesclerk, compares various

zimovet [89]

Answer: Suggestive selling

Explanation: the recommendation to purchase an extended warranty service in addition to the purchase of a laptop computer by the salesperson is an example of suggestive selling. It is a form of stimulus-response presentation involving suggesting an initial or an additional purchase (the extended warranty). It is also known as add-on selling or upselling and is used to increase the purchase amount of the buyer thus increasing revenue of the store.

3 0

3 years ago

The Rogers Corporation has a gross profit of $746,000 and $305,000 in depreciation expense. The Evans Corporation also has $746,

allochka39001 [22]

Answer:

Net cash flow for The Rogers Corporation: $435,200

Net cash flow for The Evans Corporation: $332,400

Explanation:

For The Rogers Corporation:

Income before tax = $746,000 - $305,000 - $224,000 = $217,000

Tax = $217,000 x 40% = $86,800

Net income afer tax = $217,000 - $86,800 = $130,200

Net cash flow = Gross profit - Selling and administrative expense - Tax = $746,000 - $224,000 - $86,800 = $435,200

For The Evans Corporation

Income before tax = $746,000 - $48,000 - $224,000 = $474,000

Tax = $474,000 x 40% = $189,600

Net income afer tax = $474,000 - $189,600 = $284,400

Net cash flow = $746,000 - $224,000 - $189,600 = $332,400

5 0

3 years ago

I am having trouble with this question. Can you help me out?

Semmy [17]

Answer:

ok I can help but will is the question.◉‿◉

6 0

3 years ago

Concept maps work because they _______. a. are colorful and interesting b. can be drawn by almost anyone c. visually demonstrate

stich3 [128]

Answer:

concept maps work because they visually demonstrate relationships

8 0

2 years ago

The risk-free rate of return is 3% while the market rate of return is 12%. Delta Company has a historical beta of .85. Today, th

Anton [14]

Answer:

2.7%

Explanation:

Calculation for the amount of the change in the expected rate of return for Delta Company based on this revision to beta

First step is to calculate the Expected rate of return for Delta Company stock before adjustment

Expected rate of return for Delta Company stock before adjustment =3+.85(12-3)

Expected rate of return for Delta Company stock before adjustment =3+.85(9)

Expected rate of return for Delta Company stock before adjustment =3+7.65

Expected rate of return for Delta Company stock before adjustment=10.65%

Second step is to calculate the Revised expected return with new beta

Revised expected return with new beta = 3 + 1.15( 12 - 3)

Revised expected return with new beta=3+1.15(9)

Revised expected return with new beta=3+10.35

Revised expected return with new beta=13.35%

Last step is to calculate the Amount of change in the expected rate of return

Using this formula

Amount of change in the expected rate of return=Revised expected return with new beta-Expected rate of return for Delta Company stock before adjustment

Let plug in the formula

Amount of change in the expected rate of return = 13.35% - 10.65%

Amount of change in the expected rate of return=2.7%

Therefore the amount of the change in the expected rate of return for Delta Company based on this revision to beta will be 2.7%

4 0

3 years ago