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natka813 [3]
3 years ago
12

Cutting costs is the best way to maximize profitability. a. True b. False

Business
1 answer:
wel3 years ago
4 0
The answer is false. There are a lot of ways and best methods of maximizing profitability but cutting cost is not the best method because it will likely minimize the profit because the cost are being cut down. That is why the answer would likely be false because it is not the best method.
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Shenandoah Springs Company is considering two investment opportunities whose cash flows are provided below:
Sunny_sXe [5.5K]

Answer:

PV Index = 1.158

Explanation:

Present value index is the ratio of discounted cash flows of the project divided by initial outlay required for the project thus first we calculate the Present Values for Investment B

Present value factors @ 12% for year 0, 1, 2, 3, 4 respectively.

1

0.893

0.797

0.712

0.636

Net Present Value = -9000 + (5000 * 0.893) + (4000 * 0.797) + (3000 * 0.712) + (1000 * 0.636)

NPV = $1425

Present value Index = NPV / Initial investment = 1425/9000 = 0.158

This can be interpreted as 1 + 0.158 = 1.158,

1 being the initial investment. You can also choose not to subtract the initial outlay when calculating NPV.

Hope that helps.

8 0
3 years ago
Read 2 more answers
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IgorC [24]

The process you need to to start a fashion clothing brand.

  • Fist step is to recognized the fashion need in the market.
  • Create your business plan.
  • Know your specific audience.
  • Start drawing and then designing the cloth
  • look for a good clothing maker
  • Choose and Make a brand name, logo, etc.
  • Set a target price and start marketing/distribution process..

<h3>What is Clothing Brand?</h3>

This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.

Note that by flowing the steps above, one can make a great fashion brand in the long run.

Learn more about clothing brand from

brainly.com/question/24264007

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7 0
1 year ago
Cameron has applied for a loan to expand his young business. When bankers look for evidence of whether he will be able to repay
Readme [11.4K]

Answer:

what Cameron's firm has done in the past.

Explanation:

Small businesses do request for loans in some cases when they aim at using borrowed funds as capital to become more profitable in their business. When such requests are made, the bank can decide to look at what has been done in the past by the firm to ascertain if they can be able to repay the loan. They usually look at the current and past loans (If any) and debts that have been incurred by the business. In some cases, they also examine the bank accounts the business won and their tax IDs, etc.  

3 0
2 years ago
The Fowlers own a townhouse that they have been renting out for many years. It provides a steady source of income each month, bu
SVEN [57.7K]

Answer:

Explanation:

There are a wide range of different types of investments that can be made. One of which are Dividend-paying Stocks. These are individual company stocks that payout dividend payments to the holders of their stocks. Usually, these payments are made quarterly throughout the year but is a steady way of making extra regular passive income, without the maintenance work. Even though the income is usually steady the price of the stock can fluctuate and either increase or decrease in price depending on many different factors.

Another investment idea would be to create a digital course. If you invest time and a little money into creating a video course with information that is valuable to individuals around the world. Then that course can generate passive income for years to come. There is always something that someone around the world wants to learn which makes these courses valuable and people are willing to pay for that. The pros to this are that it can generate income steadily and for a very long time with little to no maintenance, while the cons are that it does take time to create and even more time if you do not yet possess the required knowledge in that topic.

6 0
2 years ago
The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde
ValentinkaMS [17]

Answer:

• Cost of direct materials used $172,000

• Cost of direct labor $154,000

• Cost of goods manufactured $401,700

• Cost of goods sold $427,500

• Gross profit $1,472,500

Explanation:

Please see attached detailed solution to the above questions and answers.

7 0
3 years ago
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