Answer:
it has flexibility in setting prices of its products.
Ed Bostrom wants to reduce the fixed expenses he has to find a place to live with a lower rent
An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or another category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost. Buying groceries, clothes, furniture, or a car is often referred to as an expense.
Expenses are expenses that are usually "paid" or "remitted" in exchange for something of value. What looks tall is "high". Anything that looks cheap is "cheap". "Dinner Expenses" means expenses such as meals, snacks, and feasts.
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Answer:
c) $18,986
Explanation:
The computation of the payment of principal is shown below:
= Annual payment - (Balance of Principal × interest rate)
= $48,986 - ($250,000 × 12%)
= $48,986 - $30,000
= $18,986
We do not consider the time period. Hence, we ignored it as it is not relevant for the computation part.
We simply multiply the principal balance with the interest rate and then deduct it from the annual payment.
Answer:
the net income for the year 2022 of Swifty is $71000
Explanation:
The computation of the net income is shown below:
As we know that
The net income is
= revenues - expenses
= $743,000 - $672,000
= $71,000
Hence, the net income for the year 2022 of Swifty is $71000
We simply applied the above formula so that the correct value could come
Answer: strengths
Explanation: SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis is a study undertaken by an organization to identify its internal strengths and weaknesses, as well as its external opportunities and threats. A SWOT analysis organizes your top strengths, weaknesses, opportunities, and threats into an organized list and is usually presented in a simple two-by-two grid. In the example above, In terms of a SWOT analysis, the company believes it can use the strength of its reputation as a sunglasses manufacturer for a specialized market in combination with its current manufacturing facilities and labor force to enter this new market.
