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3 years ago

As a businessperson planning to open a new small business, you know that the business plan should not contain

Business

1 answer:

lana66690 [7]3 years ago

3 0

Answer:

Pages and pages of detailed facts and figures

Explanation:

Endless pages of detailed fact and figures are not necessary for a new small business a concise and financial information should suffice.

There are three primary parts to a business plan:

The first is the business concept, where you discuss the ibusiness you are in to, your business structure, your particular product or service, and how you plan to make your business a success.

The second is the marketplace section, in which you describe and analyze potential customers (target market): who and where they are, what makes them buy and so on. Your unique niche and selling point Here, you also describe the competition and how you'll position yourself to beat it.

The financial section contains your income and cash flow statement, balance sheet and other financial ratios, such as break-even analyses. This part may require help from your accountant and a good spreadsheet software program.

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Market failure implies that the market mechanism:_________.

MaRussiya [10]

Answer:

Leads the economy to the wrong mix of output

Explanation:

Market failure is the when there is an inefficient distribution of goods and services in the free market.

One of the types of market failure is externality

Externality is when the production or consumption activities of economic agents have effects on people not involved in the economic activity. Externality can either be positive or negative

A good has positive externality if the benefits to third parties not involved in production is greater than the cost. an example of an activity that generates positive externality is research and development. Due to the high cost of R & D, they are usually under-produced. Government can encourage the production of activities that generate positive externality by granting subsidies.

A good has negative externality if the costs to third parties not involved in production is greater than the benefits. an example of an activity that generates negative externality is pollution. Pollution can be generated at little or no cost, so they are usually overproduced. Government can discourage the production of activities that generate negative externality by taxation

8 0

3 years ago

1. When preparing a sanitizing solution, you must: A. Test the solution strength with your finger B. Test the solution strength

MArishka [77]

D
test the solution strength with test strips

3 0

3 years ago

Read 2 more answers

Which of the following best describes a highly leveraged firm? A firm that relies heavily on equity A firm that has higher curre

Ivenika [448]

A firm that relies heavily on debt are the firm that describe a highly leverage firm. Highly leveraged firm refer to a firm that depends on borrowed capital. They have higher debt that equity. Their debt is what they considered as asset.

5 0

3 years ago

Joe's pizza hired a fourth worker, who made an additional ten pizzas per hour. Joe also discovered that the number of pizzas mad

azamat

Answer:

number of pizza per our = 10

number of worker = 4

number of pizza per our per worker =2.5

Explanation:

7 0

3 years ago

E9-6 Computing Depreciation under Alternative Methods [LO 9-3] Solar Innovations Corporation bought a machine at the beginning o

USPshnik [31]

Answer:

Straight line method result the $14,000 highest net income in 2nd year.

Explanation:

According to the scenario, computation of the given data are as follows:-

Straight Line Method Depreciation Method = (Purchase Value - Residual Value) ÷ Useful Life

= ($22,000 - $2,000) ÷ 5

= $20,000 ÷ 5 = $4,000

Straight Line Method:-

Year Cost($) Dep. Amount/ year Accumulated Dep. Book Value

1 22,000 4,000 4,000 18,000

2 22,000 4,000 8,000 14,000

3 22,000 4,000 12,000 10,000

4 22,000 4,000 16,000 6,000

5 22,000 4,000 20,000 2,000

Unit of Production Method:-

Year Cost Units Calculation Of Dep. Dep. Amount/Year Accumulated Dep. Book Value($)

1 22,000 2,000 (22,000-2,000)×2,000÷10,000 4,000 4,000 18,000

2 22,000 3,000 (22,000-2,000)×3,000÷10,000 6,000 10,000 12,000

3 22,000 2,000 (22,000-2000)×2,000÷10,000 4,000 14,000 8,000

4 22,000 2,000 (22,000-2,000)×2,000÷10,000 4,000 18,000 4,000

5 22,000 1,000 (22,000-2,000)×1,000÷10,000 2,000 20,000 2,000

Total 10,000

Calculation of Depreciation = (Machine Value - Residual Value) × No. of Unit ÷ Total Unit

Straight line method result the $14,000 highest net income in 2nd year.

6 0

3 years ago