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4 years ago

When determining how much help is needed to write the business plan an entrepreneur should conduct a self-assessment.

Business

1 answer:

kramer4 years ago

5 0

Answer:

The correct answer is letter "C": venture capital.

Explanation:

While determining a business plan individually, managers must portrait all the situations in which the business will be handled, since the beginning until the company is up and running. Managers must consider what product or service will be offered, what the production process will be and how it is going to be organized. Besides, what kind of labor hand will be necessary according to the business. If accurate, the business plan will be put into practice.

The process of investing itself is not necessary at this stage, so the venture capital is not going to be needed yet when only making the business plan.

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Promotion to consumers is called ?

Arte-miy333 [17]

Answer: Sales promotion

Explanation: Sales promotions targeted at retailers and wholesale are called trade sales promotions. i think its right

5 0

3 years ago

In order to motivate our sales force to increase sales, we decided to increase our commissions and salaries and increase marketi

algol [13]

Answer:

Sales Revenue - Inconsistent

Cost of Goods Sold - Inconsistent

Commission - Consistent

Shipping expense - Inconsistent

Bad debt expense - Unexplained

Salaries - Consistent

Lease of distribution center - Consistent

Depreciation of fleet and equipment - Inconsistent

Advertising - Consistent

Office rent, Phone, Internet - Inconsistent

Explanation:

The increase in selling price will result in change in the revenue figure. The cost of distribution is increased due to handling the addition volume. This will result in an increase in shipping expense and cost of goods sold. Salaries and commission of the staff will remain consistent as there will be no change due to increase of selling price.

8 0

3 years ago

Bodin Company manufactures finger splints for kids who get tendonitis from playing video games. The firm had the following inven

Ilia_Sergeevich [38]

Answer:

Raw Material $191,000

Direct labor $300,000

Actual manufacturing overhead $170,000

Actual selling and administrative expenses $115,000

The company applies manufacturing overhead at the rate of 60 percent of direct-labor cost.

Prime Cost = Direct Material + Direct Labor

Prime Cost = $191,000 + $300,000 = 491,000

Cost of goods manufactured $

Direct material $191,000

Add: Direct Labor $300,000

Add: Manufacturing overhead $170,000

Manufacturing cost $661,000

Manufacturing cost $661,000

Add: Work in process inventory at January 1 $235,000

Less: Work in process inventory at January 31 $251,000

Cost of Goods Manufactured $645,000

Cost of Goods Manufactured $645,000

Add: Finished Good inventory at January 1 $125,000

Less: Finished Good inventory at January 31 $117,000

Cost of Goods Sold $653,000

Manufacturing overhead Account Balance

Actual overhead = $175,000

Manufacturing overhead = $180,000 (300,000 x 60% )

Over applied manufacturing overhead = $180,000 - $175,000

Over applied manufacturing overhead = $5,000

* Data was missing for the calculations, complete question is attached with this answer, Please find that.

3 0

3 years ago

All of the following are categories of data that marketing researchers typically collect except for which one? a. Fears b. Behav

swat32

Answer:

The correct answer is A

Explanation:

Market research is the research which is a scientific study and it is performed in order to collect the important market information, enable the business to make the right decisions.

The collection of the data in the marketing research is defined as the detailed as well as informative procedure, in which the planned search for the all the relevant data that is made by the researcher.

So, the categories which are used for the data that marketing researchers usually collect are behavior, attitudes and intentions.

3 0

3 years ago

Palencia Paints Corporation has a target capital structure of 35% debt and 65% common equity, with no preferred stock. Its befor

Arturiano [62]

Answer:

Cost of common equity is 15.7% and WACC is 7.2%

Explanation:

D1 is

D1= 2.25 (1+0.05)

The cost of common equity is

Rs = 2.36/ 22.00 + 5% =0.157= 15.7%

The cost of common equity is weighted average cost of capital (WACC)

WACC = (0.35) * (0.08) (1- 0.40) + 0 preferred stock+ (0.35) * (0.157)

WACC = 0.03 *0.6 + 0 + 0.054

WACC = 0.018 + 0.054

WACC = 7.2%

4 0

3 years ago