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cestrela7 [59]
3 years ago
14

Eric wants to start a business. he is attracted to the idea of being his own boss, and wants to get started with a minimum of ex

pense and hassle. he is confident in his abilities, and the market he can draw from, so he is not particularly worried about financial risks. all of these factors suggest that eric may favor starting his business as a sole proprietorship.
Business
1 answer:
Dovator [93]3 years ago
4 0
The answer is true. Individuals who need to work for themselves frequently like to work their business, at any rate at first, as a sole proprietorship. Leeway of the sole proprietorship is that it is a generally simple and cheap type of business to set up. One disadvantage of a sole proprietorship is that the proprietor has boundless obligation. Notwithstanding, right now, Eric isn't stressed over hazard. The boundless risk factor does not seem, by all accounts, to be an issue for him.
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The WCU maintenance department used 850 brackets during the course of a year. The brackets are purchased from a supplier in Ashe
Finger [1]

Answer:

a. 166 units should be ordererd of brackets

b. They have when they should place a new order with the supplier 10 brackets

Explanation:

According to the given data we have the following:

Annual Demand= 850 brackets

Buying cost=$10

carrying cost=13%×$10=$1.30

ordering cost per order=$21

a. To calculate how many brackets should be ordered when WCU places an order with their supplier we have to calculate the EOQ as follows:

EOQ=√<u>2AO</u>

              C

EOQ=√<u>2×850×21</u>

               1-30

EOQ=166 Units

166 units should be ordererd of brackets

b. To calculate how many brackets do they have when they should place a new order with the supplier we would habe to make the following calculation:

Reorder point=<u>Annual Demand     </u>    ×  lead time

                        working days in year

Reorder point=<u>850  × </u>  3

                         250

=10 brackets

They have when they should place a new order with the supplier 10 brackets

8 0
3 years ago
The Case of the Poorly Written Manual John Howard was shaking his head as he left the meeting with his boss, Joe French. Joe was
forsale [732]

John's assumptions in making this decision are that the three new product engineers are not capable writers and that their writing is terrible. John also believes that the only way the technical manual can be brought up to company standards is by offering a course in technical writing.

This is not an appropriate strategy for resolving the issue, as decisions should never be made based solely on assumptions, such as the fact that the product engineers in question are new hires and therefore unable to write. This is further explained below.

<h3>What is a decision?</h3>

Generally, a decision or conclusion was arrived at after careful deliberation.

In conclusion, When John was making this choice, he made a number of assumptions, one of which was that the three new product engineers are not competent writers and that their writing is horrible. John is also of the opinion that the only way the firm's technical handbook can be brought up to the standards of the corporation is by providing students with the opportunity to take a course in technical writing.

Because choices should never be made entirely based on assumptions, such as the fact that the product engineers in question are new employees and hence unable to write, this is not a suitable technique for fixing the problem. Decisions should never be made solely based on assumptions.

Read more about a decision

brainly.com/question/27400967

#SPJ1

5 0
2 years ago
Make a list of profession and identify their levels​
schepotkina [342]

Answer:

  1. Healthcare and medicine.
  2. Arts and entertainment
  3. Business.
  4. Industrial and manufacturing.
  5. Law enforcement and armed forces.
  6. Science and technology.

7 0
2 years ago
Read 2 more answers
For each of the following types of indirect expenses and service department expenses, identify one allocation basis that could b
hodyreva [135]

Answer: (A) Computer service expenses of production scheduling for operating departments

Explanation:

 The computer services expenses of the production scheduling is one of the type of indirect expenses and also the type of service department expenses type in the operating department.

 The indirect expenses is one of the type of expenses that cannot be directly contribute with the cost object or services in the business department expenses.

 According to the given question, the computer service expenses is one of the allocation basis that is used as the indirect expenses in an organization or firm and the indirect expenses are categorized into two main parts that is:

 1) Fixed

 2) Recurring

Therefore Option (A) is correct answer.          

5 0
3 years ago
Inventory records for Dunbar Incorporated revealed the following:Date Transaction Number of units Unit CostApr. 1 Beginning inve
finlep [7]

Answer:

Explanation:

1. Calculate ending inventory        Rate per unit       Total cost

                         number of units        ($)                          ($)

Beg bal (April1)  450                         2.19                       985.50

Add:purchases  

April 20             410                            2.69                      1102.90

-----------------------------------------------------------------------------

Total goods

av for sale         860                                                          2088.40

Less: Sales:

During April       590

--------------------------------

Ending inventory 270

2. Cost of ending inventory = 270*2.19=$591.3

7 0
3 years ago
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