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zysi [14]
3 years ago
15

How to become a store owner 100 points

Business
2 answers:
Free_Kalibri [48]3 years ago
7 0

Answer:

Buy a store

Explanation:

If you buy a store, then you become a store owner.

You were probably looking for more detail, but this is the best I can do for now.

Black_prince [1.1K]3 years ago
5 0

Answer:

If you're interested in becoming a Store Owner, one of the first things to consider is how much education you need. We've determined that 50.1% of Store Owners have a bachelor's degree. In terms of higher education levels, we found that 6.8% of Store Owners have master's degrees. Even though most Store Owners have a college degree, it's possible to become one with only a high school degree or GED.

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American Hat has $1,000 face value bonds outstanding with a market price of $1,150. The bonds pay interest semiannually, mature
Aneli [31]

Answer:

Current Yield of bond is 3.53%

Explanation:

Current yield is the ratio of coupon payment of a bond to its current market price.

Formula for Current yield is as follow

Current Yield = Annual Coupon payment / Current market price

First we need to calculate the coupon payment by using following formula

YTM = [ C + ( F - P ) / n ] / [ ( F + P ) / 2 ]

5.8%/2 = [ C + ( $1,000 - $1,150 ) / 16 ] / [ ( $1,000 + $1,150 ) / 2 ]

2.9% = [ C + ( $1,000 - $1,150 ) / 16 ] / [ ( $1,000 + $1,150 ) / 2 ]

2.9% = [ C - $9.375 ] / $1,075

1,075 x 2.9% = C - $9.375

31.175 = C - 9.375

C = 31.175 + 9.375 = $40.55 annually

Current Yield = Annual Coupon payment / Current market price

Current Yield = $40.55 / $1,150 = 0.0353 = 3.53%

7 0
3 years ago
Read 2 more answers
Cabinaire Inc. is one of the largest manufacturers of office furniture in the United States. In Grand Rapids, Michigan, it assem
Ivahew [28]

Answer:

Results are below.

Explanation:

Giving the following information:

Supervisor salaries $117,000 per month

Depreciation $21,000 per month

Direct labor rate $15 per hour

Cabinets per hour= 60/20= 3

<u>We need to determine the flexible budget for different production levels:</u>

<u>12,000 units:</u>

Total direct labor hours= (12,000 / 3)= 4,000 hours

Total variable cost= 4,000*15= 60,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $198,000

<u>15,000 units:</u>

Total direct labor hours= (15,000 / 3)= 5,000 hours

Total variable cost= 5,000*15= 75,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $213,000

<u>18,000 units:</u>

Total direct labor hours= (18,000 / 3)= 6,000 hours

Total variable cost= 6,000*15= 90,000

Total fixed costs= 21,000 + 117,000= 138,00

Total cost= $228,000

3 0
3 years ago
Which of these options for saving money offers the lost liquidity?
daser333 [38]

The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

Money in a piggy bank is already in cash or coins and there is no need to convert it to cash again. Also, money in a piggybank is more accessible than the other options.

To learn more about liquidity, please check: brainly.com/question/15691477

#SPJ1

8 0
2 years ago
Smidt Corporation has provided the following data for its two most recent years of operation: The unit product cost under absorp
alexira [117]

Answer:

The solution to this issue can be defined as follows:  

Explanation:

Please find the complete question in the attachment file.  

Direct Substances 9  

Direct jobs 5  

Overhead output variable 5  

Overhead of fixed production 14 = \frac{140000}{10000}

The Unit cost of the item at absorption cost per year 1 = (9+5+5+14)=33

6 0
3 years ago
You put $10000 in an account earning 5%. After 3 years, you make another deposit into the same account. Four years later (7 year
ikadub [295]

Answer:

money deposited after end of 3rd year is $4877.75  

Explanation:

given data

initial amount  = $10000

rate = 5%

time = 3 year

after 7 year account balance = $20000

solution

we consider here money deposited after end of 3rd year is = x

first we get here compounded amount after 3 years as

compounded amount = initial amount × (1+r)^{t}    ................1

compounded amount = 10000 × (1+0.05)^{3}

compounded amount = $11576.25

so at 7 year account balance is

account balance = ( compounded amount + x )  × (1+r)^{t} ....................2

$20000  = ( $11576.25 + x ) × (1+0.5)^{4}  

solve it we get

x =  $4877.75  

so money deposited after end of 3rd year is $4877.75  

7 0
3 years ago
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