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4 years ago

What are things to look at before starting a business

1 answer:

3 0

Some factors you should consider:
Location
Manufacturing
Pay (for the workers)
USP (unique selling point)
Marketing

Hope this helps!

You might be interested in

Are real people answering these questions? Do u get paid?

Yuki888 [10]

Answer:

Yes real people answer these questions. No, at least I don't get paid. (although that would be awesome!!!)

4 0

4 years ago

1-a. Allocate the lump-sum purchase price to the separate assets purchased. 1-b. Prepare the journal entry to record the purchas

marin [14]

Answer:

1. a. Allocated prices

First add the market values = 444,150 + 255,150 + 56,700 + 189,000 = $945,0

Building allocated price Land allocated price

= 444,150/ 945,000 * 830,000 = 255,150/945,000 * 830,000

= $‭390,100‬ = $224,100

Land improvement allocated price Four vehicles allocate price

= 56,700/945,000 * 830,000 = 189,000/945,000 * 830,000

= $49,800 = $166,000

b. Journal entry

Date Account Details Debit Credit

Jan. 1, 2017 Building $390,100

Land $224,100

Land improvement $49,800

Vehicles $166,000

Cash $830,000

2. Depreciation on building using straight-line method.

= (390,100 - 28,000) / 15

= $‭24,140‬

3. Depreciation on land improvements using double declining method.

First do straight line:

= 49,800/ 5 years

= $9,960

Straight line rate of depreciation = 9,960/49,800 = 20%

Double declining will be twice that rate = 40%

Depreciation = 40% * 49,800

= $‭19,920‬

4 0

3 years ago

Career Explorations Course Question!!!

Liono4ka [1.6K]

Answer: D

Explanation: he wants to learn so its D

7 0

3 years ago

On July 1, 20X1, Mirage Company issued $250 million of bonds with an 8% coupon interest rate. The bonds mature in 10 years and p

hoa [83]

Answer: See explanation

Explanation:

a. At what price were the bonds issued?

The bonds were issued at $250 million since the issue price will have thesame value as the face value in this case.

b. On July 1, 2019, the market interest rate for bonds of this risk class is 6%. What is the fair value of the bonds on this date?

The fair value of the bond on this date will be:

= {$250,000,000 × 4% × [(1-1.03)^-16]0.03} + {$250,000,000 × (1/1.03)^-16}

= $281402755

c. Suppose that 50% of the bonds were repurchased for cash on July 1, 2019, at the market price. What journal entry would the company make to record this partial retirement?

The journal entry will be:

July 1 ,2019

Debit Bond payable $250,000,000/2 = $125,000,000

Debit loss on bond redemption = $140,701,378 - $125,000,000 = $15,701,378

Credit Cash $281402755 × 50% = $140,701,378

(To record bond payable redemption)

7 0

3 years ago

Baruk Industries has no cash and a debt obligation of $36 million that is now due. The market value of Baruk's assets is $ 81$8

Gre4nikov [31]

Answer and Explanation:

The given values are:

Debt obligation

= $36 million

Market value

= $81 million

Outstanding shares

= $10 million

(a)...

Net Assets of the firm will be:

= $81 - 36$

= $ $45 \ million$

Now, the current share price will be:

= $\frac{45}{10}$ = $ $4.5 \ per \ share$

(b)...

Number of shares to be issued to repay debt obligation will be:

= $\frac{36}{4.5}$ = $ $8 \ million \ shares$

(c)...

The total number of outstanding shares will be:

= $10+8$

= $ $18 \ million$

Now,

The Current share price will be:

= $\frac{Net \ assets \ of \ the \ firm}{Total \ no \ of \ outstanding \ shares}$

= $\frac{81}{18}$

= $ $4.5 \ per \ share$

8 0

4 years ago