Answer:
narrow product lines; deep assortments
Explanation:
product line is group of same type of product selling under a same brand name.
narrow and wide product line is defined on the basis of number of type of product being sold by a retailer.
Narrow product line is a retailing strategy which means that few type of products which is being sold by a retailer.
Example: Pizza hut which sells only limited number of eatables thus they have narrow product lines
Wide product line means very high number of different type of product is being sold by the retailer.
Example:wall mart which sells wide number of products
Assortment is strategy in retail which defines number of different brands of same type of product which is being sold by a retails.
It is of two types
shallow assortments: It means very few brands of same type of product is offered by a retailer.
deep assortment: It means large of number of different brand of same type of product is being sold by a retailer.
Specialty stores are store which sell only limited type of product but they offer wide variety of choices of brand for the products which they sell. In retail marketing term they keep narrow product line but deep assortments as mentioned in the definitions above
Since Lids is a specialty store the correct option would be narrow product line, deep assortments.
Answer:
0.50
Explanation:
Calculation for What is the asset turnover ratio
Using this formula
Asset turnover ratio=Net sales /Average total assets
Let plug in the formula
Asset turnover ratio=$15,000 / (($25,000 + $35,000)/2)
Asset turnover ratio=$15,000/($60,000/2)
Asset turnover ratio=$15,000/$30,000
Asset turnover ratio= 0.50
Therefore the asset turnover ratio will be 0.50
Answer:
The amount that is included in Camilla's gross income in 2019 is $50,000.
Explanation:
Property settlement and child support are not included in gross income , but alimony payment(cash) are included.
Therefore, The amount that is included in Camilla's gross income in 2019 is $50,000.
10,000 + 750 + 10,000 = 20,750 / 365 = 1 year = 4,150 . interest 4,150 ÷ 7.88 = 526.649746192834 $ amount
Answer and Explanation:
The computation of the cost of the land and the new building is as follows
For land
= Purchase value + demolition of old building + legal fees - salvage materials
= $315,000 + $22,000 + $5,600 - $10,000
= $332,600
And, for building it is
= Architect fees + construction cost
= $35,400 + $1,401,000
= $1,436,400
Hence, the same is to be considered
