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3 years ago

12. Which of the following is an advantage of starting a new business?

2 answers:

mihalych1998 [28]3 years ago

8 0

The right answer for the question that is being asked and shown above is that: "C. You have the security of following in someone else's footsteps."

The right answer for the question that is being asked and shown above is that: "D. something that comes along once in a lifetime."

Vikki [24]3 years ago

5 0

The correct answer is A. You don't have to compensate for someone else's mistakes.

You might be interested in

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant ra

mariarad [96]

Answer:

$8,222

Explanation:

The computation of increase in net operating income is shown below:-

Contribution margin per unit = Contribution margin ÷ Sales volume units

= ($31,500 ÷ 1,000)

= $31.5

Increase in net operating income = Contribution margin - Fixed expenses

= (1,001 × $31.5) - $23,310

= $8,222

Therefore for computing the increase in net operating income we simply applied the above formula.

6 0

3 years ago

Henry runs moonlight café, a world renowned fast-food restaurant, in his locality. he started the restaurant after getting a lic

svetoff [14.1K]

The answer to this question is franchise
franchise refers to a form of business model that give other party the right to use the company's business model.
As a return, that other party have to pay a certain percentage of money periodically based on the sales that they made by using the franchise.

6 0

3 years ago

A(n) ________ is a private nonprofit financial institution that will make small loans to its members for the purpose of starting

lana [24]

Sounds like a credit union.

7 0

4 years ago

TJ's has a market value equal to its book value. Currently, the firm has excess cash of $218,500, other assets of $897,309, and

rodikova [14]

Answer:

Explanation:

Given:

Excess cash = $218,500

Assets = $897,309

Equity = $547,200

outstanding shares of stock = 40,000

Net income = $59,800.

Repurchase program = 15% of excess cash

Book value per share (price per share) = equity/number of shares

= $547200/40000

= $13.68 per share

Total cost of repurchase program = percentage of excess cash used × value of excess cash

= 15/100 × 218500

= $32775

Total number of shares bought in repurchase program = total cost of the repurchase program/price per share

= $32775/$13.68

= 2395.8 shares

= 2395 shares

8 0

3 years ago

As a result of the organizing campaign at Champlain Products, the union obtained signed authorization cards from 41% of the empl

xz_007 [3.2K]

Answer:

Please see explanation below.

Explanation:

The next step is to conduct a secret ballot election which will be supervised by National Labor Relations Board (NLRB) as might be required by the employer-Champlain products inorder to obtain voluntary support from the employees that the union wants to represent. The reason being that the management might decided not to recognize the card checks practise on the basis that a union without a secret ballot election is not reliable hence employees that signed the card might have been intimidated or coerced by the union to do so.

Where the management refuses to recognize the card check that was signed by at least 41% of the employees it wants to represent, management would then request for secret ballot election where employees would be able to vote confidentially without coercion or undue influence from the union or co-workers.

5 0

4 years ago