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Marina CMI [18]
3 years ago
6

IM TAKING A QUIZ PLS HELP ASAP

Business
1 answer:
Andrew [12]3 years ago
3 0
C. They should take advice from experts if they lack knowledge about certain aspects of their business.
You might be interested in
Operating Costs
posledela

Operating Costs

3.Cost of actually running a business

This is a clear indication of the company's resource usage productivity.

Accounts Payable

6.Amounts of money the company owes to other companies for products

as this affect the overall short term debt, if this is lower, the better for the company.

Cash Flow

4.The movement of money in or out of a business

having a positive cash flow is good for investment and capital expenditures.

Startup Costs

2.Cost of starting up a business until it can pay for itself

these costs are most of the time unavoidable.

Gross Profit

5.Total Revenue - Cost of Goods Sold

Angel Investor

1.An investor who provides money to a business in exchange for debt or equity

however, the risk is that you might end up giving a significant controlling stake of the company to the investor.

3 0
3 years ago
The _____ section of the business plan tells the reader what the organization is committed to doing.
Andru [333]
Accounts department
6 0
3 years ago
Calculation of Cost of Goods Sold: Periodic Inventory System with Sales Returns and Allowances
andrey2020 [161]

Answer:

 73,450  COGS

Explanation:

From the beginning inventory we add up purchase and freight cost and subtract the return made to the suplier and discount and allowance granted.

This will be the total cost available for sale.

Then we subtract the ending inventory to get the COGS

  27,000 beginning inventory

+ 78,000 purchases

+      350 freight-in

-   3,900 return and allowance

<u>-   6,000 </u>discount  

 95,450   good available for sale

<u>- 22,000 </u>ending inventory

 73,450  COGS

The sales return impact the sales revenue not the COGS

7 0
3 years ago
What entrepreneurship activities could you engage in that
Nady [450]

Entrepreneurship activities should you interact in that would beautify the mastering reviews you're gaining to your training on campus or online:

whilst getting to know to turn out to be marketers, we should usually select to construct upon new possibilities, community, search for mentors to research from them as well as brainstorm new thoughts on every occasion we have the time to interact in it.

An entrepreneur is a person who creates a new commercial enterprise, bearing maximum dangers and taking part in a maximum of rewards. The method of setting up an enterprise is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a supplier of the latest thoughts, items, services, and enterprises/or methods.

Entrepreneurship is the advent or extraction of monetary fees. With this definition, entrepreneurship is considered as an exchange, normally entailing a threat beyond what is usually encountered in starting a business, which may additionally encompass different values than sincerely monetary ones.

Learn more about entrepreneurs here: brainly.com/question/353543

#SPJ4

4 0
2 years ago
In 2019, Whispering Winds Corp. had net sales of $973,000 and cost of goods sold of $570,900. Operating expenses were $220,300,
tester [92]

Answer:

Whispering Winds Gross profit is $402,100

Explanation:

Multi step income statement differentiate the the operating revenue and expenses from non operating revenue and expenses. It shows the gross profit, operating profit and net profit separately.

     Whispering Winds Corp.

 Income statement for the year 2019

Net sales                               $973,000

Less: Cost of goods sold     <u>$570,900</u>

Gross Profit                                            $402,100

Less:Operating expenses                     <u>$220,300</u>

Operating Profit                                     $181,800

Less: Interest expense                          <u>$14,600  </u>

Profit before Tax                                    $167,200

7 0
3 years ago
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