Which statement concerning destination stores is not correct?
a. A destination store has a larger trading area than a traditional retailer.
b. The presence of a destination store in a major shopping center has no effect on the trading area of parasite stores.
c. Reilly's law does not reflect higher trading areas for a destination store.
d. Huff's law does not reflect higher trading areas for a destination store.
b
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Kekiwi Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During January, the company budgeted for 6,900 units, but its actual level of activity was 6,910 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Fixed Element per MonthVariable element per unitRevenue - $39.30 Direct labor$0 $3.10Direct materials 0 18.90Manufacturing overhead 45,900 1.70Selling and administrative expenses 27,000 0.30Total expenses$72,900 $24.00?Actual results for January: Revenue$281,473Direct labor$20,591Direct materials$134,889Manufacturing overhead$57,087Selling and administrative
expenses$28,063?The net operating income in the flexible budget for January would be closest to: A. $40,902 B. $40,784 C. $32,823 D. $32,670
When you have ____, please forward me a copy of the proposed budget
A) some-time B) sometime C) some time
Sonesta Farm Equipment Company sold equipment for cash. The income statement shows a loss on the sale of $7,000. The net book value of the asset was $28,900. Which of the following statements describes the cash effect of the transaction?
A) positive cash flow of $35,900 from financing activities B) negative cash flow of $21,900 for operating activities C) negative cash flow of $21,900 for financing activities D) positive cash flow of $21,900 from investing activities
The Better Business Bureau operates primarily at the national level and is funded by the dues of media groups.
Answer the following statement true (T) or false (F)