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svetlana [45]
3 years ago
11

Jessica teaches business studies in a reputed college. As part of the curriculum, she needs to demonstrate to her students the s

teps involved in starting a business. She plans to introduce the steps in a sequential order and ask her students to present their views and provide examples with each step. What is the first step she should discuss?
Business
1 answer:
Alchen [17]3 years ago
7 0

Answer:

In the first step jessica should discuss the basic and general ideas of creating business.

Explanation:

As mentioned in the question jessica teaches business studies in a college and she has to demonstrate her students the steps which would be involved in the starting of a business.

So, she has thought to demonstrate the ideas in a sequential order with proper examples and all the steps should be explained nicely.

So,here in the first step she will need to:

Start with the most basic and general idea of creation of  new business.

Here we should know why a business basic idea so important:

  • Because a proper plan will only lead to a business reality.
  • The idea will work as a blueprint in the guidance of business
  • The best idea will progressively lead to well settled company from a start-up.
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Wilma's Widgets had net sales of $ 20,882,696 in 2010. The cost of goods sold was $ 13,765,751 , operating expenses (excluding d
Andrei [34K]

Answer:

Wilma's Widgets will report $3,880,749.00     as earnings before interest and taxes (i.e., operating profit) in 2010

Explanation:

Earnings before interest and tax= net sales-cost of goods sold-operating expenses-depreciation

net sales is $20,882,696

cost of goods sold is $13,765,751

operating expenses  are $2,014,441

depreciation is $1,221,755

earnings before interest and tax=$20,882,696- $13,765,751- $2,014,441-$1,221,755=$3,880,749.00  

7 0
3 years ago
An advantage of __________ is that they allow real-time merchandising; products and features can be added or removed as needed,
alexgriva [62]

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8 0
3 years ago
If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each what is the ROI
DENIUS [597]

If a corporation pays $3 per share in annual dividends for each of the ten shares you purchase for $50 each then the ROI is 2$.

<h3>How is ROI calculated?</h3>

An investment's return on investment (ROI) provides a general indication of its profitability. In order to calculate ROI, subtract the investment's initial cost from its final value, divide the result by the cost of the investment, and then multiply the result by 100.

<h3>What Constitutes a Solid ROI?</h3>

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5 0
1 year ago
Rasmussen Corporation expects to incur indirect overhead costs of $80,000 per month and direct manufacturing costs of $12 per un
vovikov84 [41]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Rasmussen Corporation expects to incur indirect overhead costs of $80,000 per month and direct manufacturing costs of $12 per unit. The expected production activity for the first four months of 2017 is as follows: January February March April Estimated production in units 6,000 7,000 3,000 4,000

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January:

Estimated manufacturing overhead rate= (80,000/6,000)+12= 25.33 per unit

February:

Estimated manufacturing overhead rate= $23.43

March:

Estimated manufacturing overhead rate= 38.67

April:

Estimated manufacturing overhead rate= $32

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

January= 6,000*25.33= $151,980

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March= 3,000*38.67= 116,010

April= 4,000*32= $128,000

8 0
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What are two examples of management information systems?
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Answer:

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Explanation:

8 0
3 years ago
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