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2 years ago

How do you start a business successfully

Business

2 answers:

mihalych1998 [28]2 years ago

8 0

Answer:

Explanation:

Here are some ways

Understand the Risks and Rewards. ...

Be Creative. ...

Stay Focused. ...

Prepare to Make Sacrifices. ...

Provide Great Service.

GarryVolchara [31]2 years ago

8 0

Make sure to stay focused and to always have a positive mindset no matter what

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On January 1, Bennett Corporation had retained earnings of $650,000. During the year, Bennett Corporation had the following sele

konstantin123 [22]

Answer:

The ending balance for Retained Earnings is $850,000.

Explanation:

Statement of Retained Earnings

Retained Earnings balance at Start 650,000

Add: Net Income 400,000

Total Retained Earnings 1,050,000

Less: Declared Cash Dividends (100,000)

Restriction for plant expansion (50,000)

Declared Stock Dividend (50,000)

Retained Earnings at end 850,000

7 0

4 years ago

Read 2 more answers

Feather Friends, Inc., distributes a high-quality wooden birdhouse that sells for $120 per unit. Variable expenses are $60.00 pe

umka21 [38]

Answer:

50%

Explanation:

Given: Selling price= $120 per unit.

Variable cost= $60 per unit.

First computing contribution margin.

Contribution margin= $Selling\ price\ per\ unit - variable\ cost\ per\ unit$

⇒ Contribution margin= $\$120 - \$ 60$

∴ Contribution margin= $\$ 60$

Now, calculating the contribution margin ratio.

Contribution margin ratio= $\frac{Contribution\ margin}{selling\ price\ per\ unit}$

⇒ Contribution margin ratio= $\frac{\$ 60}{\$ 120} \times 100$

∴ Contribution margin ratio= $50\%$

Hence, the product´s contribution ratio is 50%.

7 0

3 years ago

An unplanned business district is a type of retail location where Multiple Choice two or more stores are situated together or in

Colt1911 [192]

Answer: two or more stores are situated together or in close proximity

Explanation: In simple words, an unplanned business district refers to an area where multiple stores are opened by individuals without any collective planning of establishing a market altogether.

Usually this is a place where all the commercial transactions of a town or a district takes place. In other markets, it is the main market arena of a specified area.

Generally customer turnover is very high in such areas as there are several stores from which a rational customer can find all commodities he or she needs.

3 0

3 years ago

Outside providers who perform janitorial, advertising, legal, management consulting, marketing research, and maintenance, are ex

Evgen [1.6K]

Answer:

Business services.

Explanation:

Business services can be defined as a collection of activities that supports the growth and development of a business, as well as the delivery of finished goods and services that meet the needs or requirements of consumers.

This ultimately implies that, outside providers who perform janitorial, advertising, legal, management consulting, marketing research, and maintenance, are examples of business services.

Hence, business services are not saddled with the responsibility of producing or manufacturing of the finished goods and services required by consumers.

8 0

3 years ago

Riverside Company issued long-term debt of 350 paid dividends of 20 and issued capital stock of 100. Cash flow from financing ac

aniked [119]

Answer:

430

Explanation:

Riverside company issued a long term debt of 350

They paid dividend of 20

They also issued a capital stock of 100

Therefore the cash flow from financing activities can be calculated as follows

=long term debt - dividend + issued capital stock

= 350-20+100

= 330+100

= 430

Hence the cash flow from financing activities was 430

3 0

3 years ago