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3 years ago

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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The income statements for Federer Sports Apparel for 2019 and 2018 are presented below Required Prepare a horizontal analysis fo

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Answer:

FEDERER SPORTS APPAREL

Income Statement For the Years Ended December 31

Years Increase /(Decrease)

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Explanation:

a) Federer Sports Apparel can use horizontal analysis as a technique for analyzing the financial statement changes over a period of time. It is a useful tool for Federer to evaluate its trend situations, using the financial statements of two years with the earlier year serving as the base year (or independent variable) while the latter year is the dependent variable.

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3 years ago

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Read 2 more answers

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3 years ago

At a volume of 5,000 units, Pwerson Company incurred $32,000 in factory overhead costs, including $14,000 in fixed costs. If vol

shusha [124]

Answer:

If volume increases to 6,000 units and both 5,000 units and 6,000 units are within the relevant range, the company would expect to incur total factory overhead costs of $35,600

Explanation:

At a volume of 5,000 units, Pwerson Company incurred $32,000 in factory overhead costs, including $14,000 in fixed costs.

The variable in factory overhead costs = $32,000 - $14,000 = $18,000

The variable in factory overhead costs per unit = $18,000/5,000 = $3.6

Both 5,000 units and 6,000 units are within the relevant range. Therefore, when volume increases to 6,000 units, fixed costs are not change.

The variable in factory overhead costs = $3.6 x 6,000 = $21,600

Total factory overhead costs = $21,600 + $14,000 = $35,600

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3 years ago