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Korvikt [17]
3 years ago
10

Which situation is ideal for an entrepreneur to buy an existing business?

Business
2 answers:
hodyreva [135]3 years ago
5 0

Downturn and exceeds. If the economy in a market down turns more busisinesses fail and come up for sale.

matrenka [14]3 years ago
3 0

Answer:

The correct answer would be C for 1 and B for 2, Downturn and Exceeds.

Explanation:

During an economic Downturn, entrepreneurs find it easy to locate businesses up for sale because supply exceeds demand in this situation.

Entrepreneurs are the enthusiastic people who start businesses on their own and are liable for all the losses and profits incurred. They are strong decision makers. They are highly skilled people. They are highly innovative people who takes out ways to pass through sever problematic situations. So in this question, the entrepreneurs would go to buy an existing business during the downturn, because supply exceeds demands, which means there are surplus goods in the stock, and an entrepreneur knows very well that how to come out of this situation through his strong analytical, problem solving and decision making skills.

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Christiansen and Sons' flexible budget for 10,000 units of production includes $50,000 for direct materials, $44,000 for direct
kenny6666 [7]

Answer:

Direct materials of $60,000, direct labor of $52,800, utilities of $6,000, and supervisor salaries of $15,000.

Explanation:

For 10,000 units:

Direct materials (DM) = $50,000

Direct labor (DL) = $44,000

Utilities (U) = $5,000

Supervisor salaries (S) = $15,000.

For 12,000 units:

Direct materials (DM):

DM=\$50,000*\frac{12,000}{10,000}\\DM = \$60,000

Direct labor (DL):

DL=\$44,000*\frac{12,000}{10,000}\\DL = \$52,800

Utilities (U) = $5,000

U=\$5,000*\frac{12,000}{10,000}\\U = \$6,000

Supervisor salaries (S) = $15,000.

Salaries don't rely on production volume and, thus, should stay the same.

5 0
3 years ago
For Accounts Payable denominated in a foreign currency, an increase in the direct exchange rate (dollar has weakened) results in
Gala2k [10]

True.

For Accounts Payable denominated in a foreign currency, an increase in the direct exchange rate (dollar has weakened) results in an exchange gain.

<h3>What is an exchange gain or loss?</h3>
  • A change in the exchange rate between the time an invoice was issued and the time it was paid results in an exchange gain or loss.
  • An exchange gain or loss results when an invoice is entered at one rate and paid at another.

  • The exchange rate at which the consumer pays for this invoice will ineluctably differ from the rate at which you recorded the invoice in your accounting system, even though you will have appropriately converted your prices.
  • The cash you receive will be considerably more than what you initially invoiced as a result.
  • This difference is known as an exchange gain or loss depending on which way the exchange rate has gone, i.e. whether the currencies involved have appreciated or depreciated in value (a gain or loss).

To learn more about exchange gain visit:

brainly.com/question/13829463

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6 0
2 years ago
Taxpayers over 65 can only deduct expenses that are greater than 7.5% of adjusted gross income for
ElenaW [278]
The answer to this is MEDICAL and DENTAL EXPENSES. This is already a fixed law in terms of expenses deduction which would be based on the adjusted gross income. For individuals below 65 years old, they only have 10%. 65 years old is the temporary threshold and this is an exemption making it 7.5% of their AGI or the adjusted gross income. 
7 0
3 years ago
Based on the circular flow of business, what are two ways that households impact the economy? A) They provide wages and products
bonufazy [111]

Answer:

D. They provide the four factors of production and spend money on the product market.

Explanation:

In circular flow of business, all the players namely; household, government agencies, firms and others in an economy have an important role to play.

The level of a nation's employment status, price level and income are determined as a result of various interactions among firms/businesses, household and government agencies.

When a unit spends money, it becomes the income of another unit. Household goes to market with their monies to buy goods and services, while firms goes to the factor market to buy the resources, which are owned by the household, to produce the goods and services.

As for the government agencies, they collect taxes on the goods and services produced and on income(both household and firms) . Government also buys goods and services inorder to produce specialize goods.

Through these interactions, money and business changes hands from the household to the firm and then to government. It goes back to the household and the list goes on and on.

7 0
4 years ago
Lisa Simpson sells beauty supplies. Her annual demand for a particular skin lotion is 1,000 units. The cost of placing an order
Olegator [25]

Answer:

980

Explanation:

if you subtract them you would get 980

7 0
3 years ago
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