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Rainbow [258]
1 year 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]1 year 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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Which accounting principle states that a company should "report expenses in the same period as the revenue they help generate"?
Inga [223]

Answer:

Matching concept

Explanation:

Matching concept states that revenue and cost should be matched with each other in the period they relate.

6 0
2 years ago
A company offered one half of its employees a bonus if the production of light bulbs increased by 30%. The other half of the emp
ZanzabumX [31]
Based on the statement above their need to separate the employee first because there is an employee get bonus and dont. so the correct order of steps to determine the significant result are: c. B,E,D,C,A

hope this help
8 0
1 year ago
Suppose that the investment demand curve in a certain economy is such that investment declines by $130 billion for every 1 perce
AlekseyPX

Answer:

50 billion

Explanation:

Investment declines by $130 billion for every 1 percentage point increase in the real interest rate.

Decline in Investment because of higher real interest rate:

= 2 × 100

= $200 billion

Increase in Investment because of higher expected rate of return:

= 1 × 150

= 150 billion

Total decline in investment:

= -200 + 150

= 50 billion

Therefore, 50 billion of investment will be crowding out.

8 0
1 year ago
If Bob and Judy combine their savings of $1,260 and $975, respectively, and deposit this amount into an account that pays 2% ann
Andrew [12]

Answer:

The account balance after 4 years will be $2,420.

Explanation:

First we need to add Bob and Judy's amount to find the total amount that will be deposited. (1260+975)=2,235.

Now we will break up the annual interest into monthly interest because it will be compounded monthly. 2/12=0.166.

Then we will break up the 4 years into months also because the interest is compounded monthly. 4*12=48

Now we use the formula for compound interest

Final amount = Principal*(1+R)^N

Principal = 2,235

R= 0.166% or 0.00166

N= 48

We put these values into our formula

2,235*(1+0.00166)^48

=2,420

6 0
2 years ago
Anderson Corporation predicts that this year's sales will total $7,500,000. The selling price for their product is $62.50 per un
Yakvenalex [24]

Answer:

$2,685,000

Explanation:

Sales = $7,500,000 ÷ $62.50

         = 120,000 units

Contribution = Sales - Variable cost

                     = $7,500,000 - (120,000 × $38)

                     = $7,500,000 - $45,60,000

                     = $29,40,000

Net income (after taxes) = $165,750

Net income before taxes and interest:

= Net income (after taxes) × (100 ÷ 65)

= $165,750 × (100 ÷ 65)

= 255,000

Therefore,

EBIT = Contribution - Fixed cost

255,000 =  $29,40,000 - Fixed cost

Fixed cost  = $29,40,000 - 255,000

                  = $2,685,000

6 0
2 years ago
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