Steve Burton recently sold the bookstore he inherited from his mother because his income had fallen three years in a row. The new owner installed a coffee machine, redecorated the children's corner, chats with her customers, and remembers their preferences. She reports a 43 percent increase in sales over Steve's last year. The change is most likely due to
A. more advertising.
B. beginner's luck.
C. the owner's personality.
D. a general upswing in the retail book business.
Answers (2)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Steve Burton recently sold the bookstore he inherited from his mother because his income had fallen three years in a row. The new owner ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Block of crust that is located above the fault of plane?
Answers (1)
Judge Reynolds, in trying a case involving on-line piracy, based the decision on a previously decided case from 3 years ago in which the circumstances were very similar. What type law did Judge Reynolds use to make the decision?
Answers (1)
Mr. G has $15,000 to invest. He is undecided about putting the money into tax-exempt municipal bonds paying 3.5 percent annual interest or corporate bonds paying 4.75 percent annual interest. The two investments have the same risk. a-1. Assume Mr.
Answers (1)
Examples of external transactions include all of the following except Group of answer choices 1. Paying employees salaries 2. Purchasing equipment 3. Depreciating equipment 4. Collecting a receivable
Answers (1)
The treasurer of a major U. S. firm has $29 million to invest for three months. The interest rate in the United States is. 29 percent per month. The interest rate in Great Britain is. 33 percent per month. The spot exchange rate is £.
Answers (1)
New Questions in Business
According to the federal Administrative Procedure Act, an agency is any governmental authority besides Congress and the courts. Which function does not fall under the category of what an agency does?
Answers (1)
A supplier to Toyota stamps out parts using a press. Changing a part type requires the supplier to change the die on the press. This changeover currently takes four hours. The supplier estimates that each hour spent on the changeover costs $250.
Answers (1)
A company issued a short-term note payable to a bank with a stated 12 percent rate of interest. The bank charged a. 5% loan origination fee and remitted the balance to the company.
Answers (2)
Which best describes how a recession develops as demand and production decrease The recession enters a recovery period. The recession slows. The recession accelerates. The recession starts and stops.
Answers (2)
Closing entries are Question 13 options: a. an optional step in the accounting cycle. b. posted to the ledger accounts from the worksheet. c. made to close permanent or real accounts. d. journalized in the general jou
Answers (1)