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2 years ago

Conducting a search of the story is part of store closing duties why

Business

1 answer:

Margaret [11]2 years ago

6 0

Searching for the store is part of store closing duties. Why?

A. To look for empty boxes

B. To ensure that all trash has been removed

C. To make sure someone is not hiding

D. To make sure all merchandise is on the sales floor

Answer:

B. To ensure that all trash has been removed

Explanation:

The purpose of conducting a search of the store which is part of store closing duties is to ensure no detail is overlooked such as removing all the trashes available and eventually avoiding more work for the next morning.

In some other cases, it is also an opportunity to clear the corridors or spaces of any merchandise, carts, or litter around the floors.

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You made an investment of $12,000 into an account that paid you an annual interest rate of 3.5 percent for the first 5 years and

Whitepunk [10]

Answer:

interest rate r = 6.78 %

Explanation:

given data

investment = $12,000

interest rate = 3.5 percent = 0.035

time = 5 year

interest rate = 7.9 percent = 0.079

time = next 15 year

to find out

What was your annual rate of return over the entire 20 years

solution

we get here interest rate as

interest rate r = $[(1+r)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$ ...................1

here t1 is time period for first 5 year and t2 is time i.e next 15 year and r1 and r2 is rate

now put here value we get

interest rate r = $[(1+)^{t1} * (1+r)^{t2}]^{\frac{1}{t1+t2}} - 1$

interest rate r = $[(1+0.035)^{5} * (1+0.079)^{15}]^{\frac{1}{5+15}} - 1$

interest rate r = 1.0678 - 1

interest rate r = 0.0678

interest rate r = 6.78 %

4 0

2 years ago

Champagne, inc., had revenues of $12 million, cash operating expenses of $8 million, and depreciation and amortization of $1.5 m

Hoochie [10]

The free cash flow can be calculated as below:

Revenue 12000000

Less: Expense (8000000)

Less: Depreciation (1500000)

Earnings Before Tax 2500000

Less Tax (750000)

Earnings after tax 1750000

Add Depreciation 1500000

Total Cash Earnings 3250000

Less: Change in Working Capital (500000)

Less : Purchase of Asset (700000)

Free Cash Flow 2050000

Thus Free Cash Flow can be calculated as above.

4 0

2 years ago

Dave operates his business out of a small storefront, so he does not have a lot of shelf space for his products. Recently, a sec

Verizon [17]

Answer:

Hence , product 1 should be allocated the shelf space

Explanation:

Whenever a company is faced with a situation of large shortage in resources, To maximize the use of the resource in short supply the business should allocate the resource to the product that maximizes the contribution per unit of the scare resource.

For example, the resource in short supply here in the question is the shelf space , hence the contribution per shelf should be used to decide how to allocate the available shelf space to the product.

Product 1 gives a contribution per unit of shelf space of $2000 which is higher by $800 that of product 1.

Hence , product 1 should be allocated the shelf space

3 0

2 years ago

The spot USD /GBP rate is 1.5711. The1 year t-bill rate in the US is .19%. The 1 year rate in the UK is 0.39%.

mojhsa [17]

Answer:

Spot USD/GBP rate = 1.5711

(a) 1 year USD/GBP forward rate:

= [Spot rate × (1 + Domestic currency interest rate)] ÷ (1 + foreign currency interest rate)

= [1.5711 × (1+0.19%)] ÷ (1 + 0.39%)

= 1.56797, which means the USD will be at a forward premium

b) The observed 1 year forward rate is 1.60 which differs from the ideal forward rate.

This means an arbitrage opportunity exists here.

c) I would sell GBP forward for 1 year @ 1.60.

This means that I will receive USD 1.60 for every 1 GBP I sell instead of 1.56797 that is the ideal deal.

This is how I would take advantage of the arbitrage opportunity.

8 0

2 years ago

When the local grocery store puts cereal on sale, reducing its price from $4.40 per item to $3.40 per item, the quantity sold in

Butoxors [25]

Answer:

1. Price elasticity of demand

2 & 3. 4.55%

4 & 5. 22.73%

6. 0.2

8. 15.79%

9. 0.56

Explanation:

Given that,

Initial quantity demanded = 220

New quantity demanded = 230

Initial price = $4.40

New price = $3.40

1. This illustrates the price elasticity of demand. Price elasticity of demand is defined as the responsiveness of quantity demanded to any change in the price of the commodity.

2 & 3. Percentage change in quantity demanded:

= [(New quantity demanded - Initial quantity demanded) ÷ Initial quantity demanded] × 100

= [(230 - 220) ÷ 220] × 100

= 0.04545 × 100

= 4.55%

4 & 5. Percentage change in price:

= [(New price - Initial price) ÷ Initial price] × 100

= [($3.40 - $4.40) ÷ $4.40] × 100

= 0.2273 × 100

= 22.73%

6. Price elasticity of demand for cereal:

= Percentage change in quantity demanded ÷ Percentage change in price

= 4.55 ÷ 22.73

= 0.2

7. The price elasticity of demand is comes out to be 0.2 which is less than 1, indicates that quantity demanded is less responsive to changes in the price level.

8 & 9. Given that,

Initial quantity demanded = 210

New quantity demanded = 230

Initial price = $4.10

New price = $3.50

Using the mid point method,

Average price:

= (Initial price + New price ) ÷ 2

= ($4.10 + $3.50 ) ÷ 2

= $3.8

Percentage change in price:

= (New price - Initial price) ÷ Average price

= ($3.50 - $4.10) ÷ $3.8

= 0.1579 or 15.79%

Average quantity demanded:

= (Initial quantity demanded + New quantity demanded ) ÷ 2

= (210 + 230) ÷ 2

= 220

Percentage change in quantity demanded:

= (New quantity demanded - Initial quantity demanded) ÷ Average quantity demanded

= (230 - 210) ÷ 220

= 0.0909 or 9.09%

Price elasticity of demand:

= Percentage change in quantity demanded ÷ Percentage change in price

= 9.09 ÷ 15.79

= 0.56

7 0

2 years ago