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Problem 1: The rate of theft at a clothing store is $1,000 per day. It is open 7 days per week. Adding a security guard will cost $100 per day and will reduce theft by 30%. Installing a sensor at the door to detect tags on the clothes will cost $175 per week in extra labor and will reduce theft by 35%. Installing the tags/sensor and adding the guard will reduce theft by 43%.Which control(s) should be implemented? Show the calculation
a. Neither control
b. Security guard
c. Tags and sensors
d. Both the guard and the tags/sensor
e. More information is needed to decide
The stockholders' equity of Whiz.com Company at the beginning of the day on February 5 follows.
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