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Rufina [12.5K]
3 years ago
7

Shania operates an event-planning business and specializes in organizing corporate events. Her business is new but although she

has planned a small number of successful events, her calendar has many openings that she needs to fill. Shania realizes she needs to book more events if she wants to improve her net profit. Which of the following identifies the best possible solution to the problem?
Question 6 options:

Expand her business to the biggest city near her, which is 60 miles away


Lower her prices


Attend local networking events organized by the local Chamber of Commerce


Spend more money to make her events even more impressive
Business
1 answer:
kvasek [131]3 years ago
4 0
I would say her best bet would be to attend her local networking events put on by the Chamber of Commerce or start her own as networking can work miracles by pooling the knowledge of various colleagues. Myself I helped start a networking breakfast club and have found work through it and also helped others in the club  to find work as well (engineers and geologists contracting and consulting). 
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Dyl Pickle Inc. had credit sales of $4,000,000 last year and its days sales outstanding was DSO = 35 days. What was its average
Ede4ka [16]

Answer:

. $383,562

Explanation:

Days of sales outstanding (DSO) = Number of days in a period / Receivables turnover

Receivables turnover  = Revenue /Average receivables

$4,000,000 /Average receivables = Receivables turnover

35 = 365 / ($4,000,000 /Average receivables)

Average receivables = $383,561.64

8 0
3 years ago
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Libra Electronics specializes in manufacturing computers and computer accessories. As a means to expand business operations, the
iragen [17]

Answer:

The correct answer is letter "E": strategic plan.

Explanation:

The strategic plan of a company is a managerial tool that allows companies to establish what to do and the path that it has to walk to reach its set objectives considering the changes in demand of its surrounding environment. In such a way, it is a critical key for decision-making within any entity.  

<em>The strategic planning provides a real frame for managers and stakeholders so they can understand and evaluate the current situation of the company moreover when the firm is struggling or pursuing exploring new markets.</em>

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At what amount is a short-term notes receivable recorded on the issue date?
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Answer:

At face value

Explanation:

Short term notes are always recorded at face value, and that applies to both interest and non-interest bearing short term notes.

Non-interest bearing long term notes must be recorded at their discounted value, i.e. you must discount the long term note' face value by the discount rate used by the company.

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What tax event must take place when a taxpayer receives a Form 1099-A?
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Gain or loss from the sale of property must be calculated. The loss from foreclosure of property must be subtracted from wage income.
8 0
2 years ago
A group of workers normally consists of 60 men, 30 women and 20 boys. They are paid at standard hourly rates as under:
dexar [7]
  1. Labour cost variance =  R.s 33,000 (F)
  2. Labour rate variance = R.s 33000 (F)
  3. Labour efficiency variance = 0

Given:

Standard Number of men = 60

Standard Number of women = 30

Standard Number of boys = 20

Standard hour rate for men = R.s 280

Standard hour rate for women = R.s 160

Standard hour rate for boys = R.s 140

Weekly working hour = 40 hours

Expected unit = 5,000 units

Number of men in march week = 70

Number of women in march week = 25

Number of boy in march week = 25

Actual wage for men = R.s 270

Actual wage for women = R.s 165

Actual wage for boys = R.s 130

Actual units = 4,500 units

Find:

  1. Labour cost variance
  2. Labour rate variance
  3. Labour efficiency variance

Computation:

Labour cost variance = [SC for AO] - AC

Labour cost variance =  [( 70 × 280) + (25 × 160) + (25 × 140)] - [(70 × 270) + (25 × 165) + (25 × 130)] × 40  

Labour cost variance = (27,100 - 26,275 ) × 40

Labour cost variance =  R.s 33,000 (F)  

Labour rate variance = (SR - AR) × AH worked

Labour rate variance = [(280 - 270)70 + (160 - 165)25 + (140 - 130)25]40

Labour rate variance = [700 - 125 + 250]40

Labour rate variance = [825]40

Labour rate variance = R.s 33000 (F)

Labour efficiency variance = (SH allowed - AH worked)SR

Labour efficiency variance = (0 - 0)SR

Labour efficiency variance = 0

Learn more;

brainly.com/question/22856853?referrer=searchResults

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3 years ago
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