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2 years ago

Walmart Approximately what percentage of shrink is caused by theft

Business

1 answer:

Olenka [21]2 years ago

7 0

About 1.4 percent of the shrink in revenue is caused by Theft for Walmart.

Explanation:

Theft and shoplifting are huge problems in retain markets and supermarkets where buying groceries is done by the person and many attempt to shoplift a few items that they want to have.

According to the National Retail Federation around 1.4 percent of the sale is affected by theft and shoplifting.

Other forms of damage to the sale comes from theft from employees which is counted in the statistic here and the errors in system and cashier errors in collection, faulty and invalid currency.

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Green Corp. owns 30°10 of the outstanding common stock and 100°10 of the outstanding noncumulativenonvoting preferred stock of A

vampirchik [111]

Answer:

c. $60,000

Explanation:

Provided information,

Green Corp owns 30% of the the common stock and 100% of preference share capital of Axel Corp.

Also, Green Corp is exercising significant influence on Axel Corp.

Thus, for accounting purpose Green Corp will use equity method as the investment is more than 20%.

Any dividend received from Axel Corp on common stock will be deducted from carrying value of investment in common stock, though dividend received on preference capital will increase the profits as will be added to income statement.

Thus, dividend recognized in Income Statement = $60,000 received on preference capital.

Correct answer is

c. $60,000

4 0

2 years ago

Suppose an investor deposits $5,000 in an interest-bearing account at her local bank. The account pays 2.5% (annual) with intere

dlinn [17]

Answer:

FV= $6,418.20

Explanation:

Giving the following information:

Initial investment (PV)= $5,000

Interest rate (i)= 0.025/12= 0.002083

Number of periods (n)= 10*12= 120 months

<u>To calculate the future value (FV), we need to use the following formula:</u>

FV= PV*(1 + i)^n

FV= 5,000*(1.002083^120)

FV= $6,418.20

4 0

2 years ago

Marcy and Liz developed a new jewelry design. They were fortunate to get the attention of a large online retailer who was willin

balandron [24]

Answer:

exclusive distribution

Explanation:

The exclusive distribution refers to the agreement between the distributor and the manufactured stated that the manufactured will only sell the products and services to the distributor only no other person is involved in this agreement. There is a binding agreement between the manufactured and distributor

So according to the given situation, it is mentioned that the designers ready to sell their designs for the first two years to the retailers which shown that there is an exclusive distribution

7 0

2 years ago

Rolfes Company purchased merchandise on account from a supplier for $7,500, terms 1/10, n/30. Rolfes Company returned $1,200 of

Blababa [14]

Answer:

$6,237

Explanation:

The computation of the cash required for the payment is shown below:

= Merchandise amount - return and allowances - discount

= $7,500 - $1,200 - $63

= $6,237

The discount = (Merchandise amount - return and allowances) × discount rate

= ($7,500 - $1,200) × 1%

= $63

Simply we consider the items i.e merchandise purchase amount, returned merchandise amount and the discount given amount

6 0

2 years ago

On January 1, Year 1, Greenfield, Inc. issues $100,000 of 9% bonds maturing in 10 years when the market rate of interest is 8%.

ELEN [110]

Answer:

When using a financial calculator to compute the issue price of the bonds, the applicable periodic interest rate ("I") is 3.923%

Explanation:

Hi, first, the discount interest rate that you have to choose is 8%, because 9% is the coupon rate (which in our case would be 9%/2=4.5% and this is used only to find the amount to be paid semi-annually).

Now we know we have to choose 8%, but this is an effective rate (I know this is an effective rate because no units were mentioned), and by definition it is a periodic rate, but it is not the rate that we need since the payments are going to be made in a semi-annual way, therefore we need to use the following equation.

$r(semi-annual)=[1+r(annual)]^{\frac{1}{2} } -1$

So, everything should look like this.

$r(semi-annual)=[1+0.08]^{\frac{1}{2} } -1=0.03923$

Therefore, the periodic interest that yuo have to use to calculate the price of the bond is 3.923%

Best of luck.

8 0

2 years ago