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Rainbow [258]
2 years ago
13

Outdoor Adventures, Inc. operates a chain of very large stores that offer an incredible selection of sporting goods at very comp

etitive prices. When Outdoor Adventures opens its first store in a new region, smaller sporting goods stores almost always experience a noticeable drop in sales. Outdoor Adventures stores can be classified as:
Business
1 answer:
Olin [163]2 years ago
8 0

Answer:

Category killer

Explanation:

Since in the question it is given that the Outdoor Adventures, Inc. operates a chain of very large stores of sporting goods at very competitive prices. Due to opening its first store, there is a drop in sales for small sporting good store because of category killer as it refers a store which keeps a variety of goods in its specialized field due to which it gains a competitive advantage.

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You purchased 500 shares of Barden Enterprises stock for $55.43 per share at the beginning of the year. The stock is currently p
krok68 [10]

Answer:

Dividend yield is 2.91 %.

Explanation:

Dividend yield = Annual Dividend per Share / Stock Price per Share × 100

<em>where,</em>

Annual Dividend per Share = Total Dividends ÷ Total Number of Shares

                                              = $835 ÷ 500

                                              = $1.67

<em>then,</em>

Dividend yield = $1.67 / $57.48 × 100

                        = 2.905 or 2.91 %

4 0
2 years ago
A division has the following data: Sales $320,000, Variable costs $200,000, and Fixed costs $140,000. If the division were elimi
pashok25 [27]

Answer:

Effect on income= $120,000 loss

Explanation:

Giving the following information:

Sales $320,000

Variable costs $200,000

Fixed costs $140,000.

None of the fixed costs are avoidable. Therefore, they shouldn't be taken into account to make the decision.

Effect on income= Sales - varaible cost

Effect on income= 320,000 - 200,000= $120,000 loss

4 0
2 years ago
Devlin Company has two divisions, C and D. The overall company contribution margin ratio is 30%, with sales in the two divisions
maks197457 [2]

Answer:

b. $100,000

Explanation:

Devlin Company

Calculation for Total company contribution margin

= $500,000 × 30% = $150,000

Calculation for Total company variable expenses

= $500,000 − $150,000 = $350,000

Division C contribution margin ratio

= (Sales − $300,000) ÷ Sales = 0.25

Sales − $300,000 = 0.25 × Sales

(0.75 × Sales) ÷ 0.75 = $300,000÷ 0.75

Sales = $400,000

Therefore Division D sales = Total company sales − Division C sales

= $500,000 − $400,000 = $100,000

Calculation for each Divisions

Total Company Division C Division D

Sales$500,000$400,000$100,000

Less variable expenses$350,000 $300,000 $50,000

Contribution margin $150,000 $100,000$ 50,000

Contribution margin ratio 0.30 0.25 0.50

6 0
2 years ago
ou might be an information systems worker if you _________. a. prefer a slow-paced environment, where technology rarely changes
matrenka [14]

Answer: The answer is C

Explanation: You might be an information systems worker if you enjoy learning new techniques and enjoy working with people. An information system is regarded as a software that helps organize and analyze data and this makes it possible to answer questions and solve problems relevant to the mission of an organization.

3 0
2 years ago
Travis Industries plans to issue perpetual preferred stock with an $11.00 dividend. The stock is currently selling for $108.00,
Ulleksa [173]

Answer:

The cost of the preferred stock, including flotation is 11.31%

Explanation:

In order to calculate the cost of the preferred stock, including flotation we would have to use the following formula:

cost of the preferred stock= <u>Annual Dividend</u>

                                                Price×(1-Flotation Cost)

cost of the preferred stock=<u>     $11        </u>

                                              $108×(1-10%)

cost of the preferred stock=<u>    $11         </u>

                                               $97.20

cost of the preferred stock=11.31%

The cost of the preferred stock, including flotation is 11.31%

8 0
2 years ago
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