1. Another beauty salon opening up across the street that offers lower prices. They would steal away any customers you have that aren't loyal to your business alone.
2. A chance to move to a different location that may be bigger or smaller. It's a huge opportunity to reach more customers, but could also threaten your business due to the sudden change in size, not knowing anyone in the area, and the chance that people hadn't heard about your salon.
This problem needs a Balance Sheet. Ratios are computed based on Balance Sheet, Income Statement, and Statement of Cash flows.
I'll just give out the formula needed to solve for each question.
Current ratio = Current Assets / Current Liabilities
* These figures are found in the Balance Sheet.
Quick ratio = (Cash + Marketable Securities + Accounts Receivable) ÷ <span> Current Liabilities
* These figures are found in the Balance Sheet
</span><span>Inventory turnover ratio = Cost of goods sold / Average Inventory
Inventory turnover ratio = 1,400,000 / Average Inventory
Receivables turnover = Net Credit Sales / Average Accounts Receivable
Assuming Sales is all on account,
Receivables turnover = 2,000,000 / Average Accounts Receivable
Total asset turnover = Net Sales / Total Assets
Assuming Sales is all net of sales returns and discounts,
Total asset turnover = 2,000,000 / Total Assets
Times interest earned (TIE) = Income before Interest and Taxes / Interest Expense
Times interest earned = 370,000 / 50,000 = 7.4 times
Total debt ratio = Total Liabilities / Total Assets
Return on equity (ROE) = Net Income / Shareholders Equity
Return on equity = 240,000 / Shareholders' Equity
Return on assets (ROA) = Net Income / Total Assets
Return on assets = 240,000 / Total Assets
Market-to-book ratio = Share Price / Net book value per share
Market-to-book ratio = 41.40 / Net book value per share
Price-to-earnings (P/E) ratio = Market Value per share / Earnings per share
</span><span>Price-to-earnings ration = 41.40 / 2.40 = 17.25
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Answer:
a. Increased education adds to the stock of human capital,not unlike building factories adds to the stock of physical capital.
Explanation:
Of all the option only option A is correct that is Increased education adds to the stock of human capital,not unlike building factories adds to the stock of physical capital.
The statement means that educated humans are like human capital and increase in education increase human capital. Same like building factories adds to stock of physical capital.
Answer:
Retail Innovation
Explanation:
Retail innovation has to do with improvements that heightens customer experience and satisfaction by providing tangible value for customers because it offers something new in the field of technology, services, products or business systems.
IKEA’s "ready to assemble" furniture and fixtures transformed retail shopping; and Nike's allowance of online customers to design their own shoes; are all examples that illustrate retail innovation.
Retail innovation has changed the way consumers connect with brands, Beginning from social shopping, voice-based commerce or drone deliveries; companies are now using technology tools to differentiate their brands and transform the retail experience of their customers.
Answer:
joint venture
Explanation:
Based on this scenario, the best thing for you to create would be a joint venture. This is a business arrangement in which the parties involved decide to combine their specific resources in order to accomplish a specific task that both companies are trying to accomplish and which will benefit both parties greatly. Therefore, since you want to share resources with your partner company this would be the best organizational agreement.