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Schach [20]
3 years ago
7

Peppy is confident that Peppy's Pizzazzeria will be a success, but only if he has enough money to do things right. Since Peppy h

as very little personal wealth, he knows he must obtain financial assistance. In order prepare for meetings with bankers and potential investors, Peppy should: a. hire a public relations firm to develop promotional materials.b. develop a business plan.c. read a book on entrepreneurship.d. create a partnership contract.
Business
1 answer:
FromTheMoon [43]3 years ago
4 0

Answer:

The correct answer is letter "B": develop a business plan.

Explanation:

Entrepreneurs with low funding must develop a clear and attractive business plan to call investors' attention. The business plan outlines the strategy the business has to achieve its ultimate goal, profit. It establishes in detail what steps are going to be taken to do that, who their target customers will be, the mission and vision of the organization, and what the company's opportunities and strengths are before staring business.

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Major Manuscripts, Inc., is currently operating at 70 percent of capacity. All costs and net working capital vary directly with
bagirrra123 [75]

The attached data is required to answer the question

Answer:

$535

Explanation:

In this scenario we need to calculate the additional debt required by Major Manuscript

We expect an increase of 10% of sales

Therefore

Total assets projected = 9,420 * 1.10 = $10,362

Accounts payable projected = 2,200 * 1.10 = $2,420

Current long term debt = $260

Current common stock = $2,400

Retained earnings projected = 4,560 +{(360 - 190) * 1.10} = $4,747

Additional debt required = 10,362 - 2,420 - 260 - 2,400 - 4,747

Additional debt required = $535

6 0
2 years ago
group of winning ticket holders share equally in a ​$35 comma 000 comma 000 lottery. Before the money is​ divided, two more winn
hoa [83]

Answer:

The answer is: The original group of lottery winners was made up of 5 people.

Explanation:

The total prize amount was $35,000,000 with each original winning ticket holder earning $7,000,000.

                    $35,000,000 / 5 = $7,000,000 for each winner

When 2 more winning ticket holders show up, the total prize has to be redivided to include them.

                     $35,000,000 / 7 = $5,000,000 for each winner

6 0
3 years ago
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month
kkurt [141]

Answer:

$114 unfavorable

Explanation:

For computing the overall variable overhead efficiency variance  first we have to need to find out the standard variable overhead rate which is shown below:

= ($11,680 + $41,900) ÷ 4,700 hours

= $11.4

Now the  variable overhead efficiency variance is

= standard variable overhead rate × (Actual machine hours - standard machine hours)

= $11.4 × (4,740 machine hours - 4,730 machine hours)

= $114 unfavorable

This unfavorable indicates the actual hours are more than the standard hours

6 0
3 years ago
Which of the following statements is true about utility?a. Everyone receives the same level of satisfaction from the same good o
Annette [7]

Answer:

The correct answer to the following question is option D) everyone receives different level of satisfaction from from the same good or services.

Explanation:

Utility can be defined as a measurement of satisfaction levels that a consumer experiences from the consumption of goods and services. From the above given options only D is correct as every one experiences different level of satisfaction from same good or services. Economists measures utility with a unit they refer to as util. All products doesn't produce same level of satisfaction .

6 0
3 years ago
Several years ago, Diego purchased a $400,000 whole life insurance policy on his life. He has paid cumulative premiums over the
MArishka [77]

Answer:

b. III and IV

Explanation:

Diego has expected life of 6 month due to his liver disease. He wants to sell his life insurance policy to a company. If he sells the policy, when Diego dies the company will receive all the benefit and will be taxed at ordinary income tax rate. The proceeds are not tax free. In case if Diego sells the policy to his cousin, he will also be taxed on proceed. The tax will be ordinary income tax on the benefit from life insurance policy.

7 0
2 years ago
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