b. The North Store's rental agreement can be broken with no penalty. c. The North...
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b. The North Store's rental agreement can be broken with no penalty. c. The North Store's fixtures would be transferred to the other two stores if it were closed. d. The North Store's general manager would be transferred to another position in the company if it were closed. She would fill a position that otherwise would have required hiring a new employee at a salary of $14,520 per quarter. The general manager of the North Store would continue to earn her normal salary of $15,840 per quarter. All other managers and employees in the North Store would be discharged. e. The company has one delivery crew that serves all three stores. One delivery person could be discharged if the North Store were closed. This person's salary is $5,280 per quarter. The delivery equipment would be distributed to the other stores. The equipment does not wear out through use. f. The company pays employment taxes equal to 15% of their employees' salaries. g. One-third of the North Store's insurance relates to its fixtures. h. The "General office salaries" and "General office-other" relate to the overall management of Superior Markets, Incorporated. If the North Store were closed, one person in the general office could be discharged because of the decrease in overall workload. This person's compensation is $7,920 per quarter. Complete this question by entering your answers in the tabs below. How much employee salaries will the company avoid if it closes the North Store? Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) of closing the North Store? Note: Enter any "disadvantages" as a negative value. Complete this question by entering your answers in the tabs below. Assuming the North Store's floor space can't be subleased, would you recommend closing the North Store? Complete this question by entering your answers in the tabs below. Assume the North Store's floor space can't be subleased. However, let's introduce three more assumptions. First, if the North Store were closed, one-fourth of its sales would transfer to the East Store due to strong customer loyalty to Superior Markets. Second, the East Store has enough capacity to handle the increased sales that would arise from closing the North Store. Third, the increased sales in the East Store would yield the same gross margin as a percentage of sales as present sales in the East Store. Given these new assumptions, what is the financial advantage (disadvantage) of closing the North Store? Note: Enter any "disadvantages" as a negative value
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b. The North Store's rental agreement can be broken with no penalty. c. The North Store's fixtures would be transferred to the other two stores if it were closed. d. The North Store's general manager would be transferred to another position in the company if it were closed. She would fill a position that otherwise would have required hiring a new employee at a salary of $14,520 per quarter. The general manager of the North Store would continue to earn her normal salary of $15,840 per quarter. All other managers and employees in the North Store would be discharged. e. The company has one delivery crew that serves all three stores. One delivery person could be discharged if the North Store were closed. This person's salary is $5,280 per quarter. The delivery equipment would be distributed to the other stores. The equipment does not wear out through use. f. The company pays employment taxes equal to 15% of their employees' salaries. g. One-third of the North Store's insurance relates to its fixtures. h. The "General office salaries" and "General office-other" relate to the overall management of Superior Markets, Incorporated. If the North Store were closed, one person in the general office could be discharged because of the decrease in overall workload. This person's compensation is $7,920 per quarter. Complete this question by entering your answers in the tabs below. How much employee salaries will the company avoid if it closes the North Store? Complete this question by entering your answers in the tabs below. What is the financial advantage (disadvantage) of closing the North Store? Note: Enter any "disadvantages" as a negative value. Complete this question by entering your answers in the tabs below. Assuming the North Store's floor space can't be subleased, would you recommend closing the North Store? Complete this question by entering your answers in the tabs below. Assume the North Store's floor space can't be subleased. However, let's introduce three more assumptions. First, if the North Store were closed, one-fourth of its sales would transfer to the East Store due to strong customer loyalty to Superior Markets. Second, the East Store has enough capacity to handle the increased sales that would arise from closing the North Store. Third, the increased sales in the East Store would yield the same gross margin as a percentage of sales as present sales in the East Store. Given these new assumptions, what is the financial advantage (disadvantage) of closing the North Store? Note: Enter any "disadvantages" as a negative value 