Can someone please help with my paper on music business?
1 answer:
Turn your love of music into a successful business. First, combine your knowledge with a good business plan. Start by looking at this sample business plans for retail music businesses. Then get started writing a business plan for your own business.
I don't take credit for the business plan, I just found the best one for you!
I hope it helped you!
I don't take credit for the business plan, I just found the best one for you!
I hope it helped you!
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The number of units that Starling Co. sold was 11200
<u>Explanation:</u>
Given -
Operating income = $28,800
Fixed cost = $38,400
Selling price of one unit = $12
Variable cost = $12
Number of units sold, n = ?
Contribution margin per unit = $18 - $12
= $6
Therefore, number of units that Starling Co. sold was 11200
Answer: -$20,529.60
Explanation:
Net Present value of Y = Present Value of Inflows - Present value of Outflows
Present Value of Y inflows
$32,000 inflows for 5 years. This is therefore an annuity
Present value of annuity = Annuity * Present value interest factor, 9%, 5 years
= 32,000 * 3.8897
= $124,470.40
Net Present Value = 124,470.40 - 145,000
= -$20,529.60
