The microeconomic factors that are important to consider in business is competition, the supply and demand, elasticity of the goods and similar variables. Depending on the business, each has factor has a unique impact which can either help or ruin the business.Thank you for your question. Please don't hesitate to ask in Brainly your queries.
Answer:
1. I would choose a limited liability company (LLC).
2. A LLC is a hybrid between a partnership and a corporation. The firm is a pass through entity, meaning that the owners are taxed directly (no corporate tax). But it also provides limited liability, so the owners are not personally liable for the firm's obligations.
Explanation:
Answer: Mutual Fund
Explanation:
You included no options however this should be the correct answer.
Mutual funds work by pooling the investments of many different investors and then hiring a professional to manage these funds such that the investors can make profits.
The investors will then own shares in the mutual fund which is equivalent to their investment. Mutual funds offers the advantage of diversification to its investors who will be able to invest in many diverse industries with a relatively low amount of money.
Answer:
$23,153
Explanation:
Given that,
Current annual sales = $350,000
Net profit margin = 6%
Sales are expected to increase by 5% annually.
Sales two years from now:
= Sales in year 0 × (1 + Growth of year 1) × (1 + Growth of year 2)
= $350,000 × (1 + 5%) × (1 + 5%)
= $350,000 × 1.05 × 1.05
= $385,875
Profit margin = 6% of sales two years from now
= 0.06 × $385,875
= $23,153
