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pav-90 [236]
2 years ago
7

George wants to collect funds to open his own bakery from his family. He needs an accurate estimate of how much money he would r

equire to run the bakery for at least six months. He has to buy a shop (costing $3,500) and buy an oven (costing $600). His start-up costs, including various utility costs, would be $300. He has calculated his monthly expenses as $250. How much money would George require to start his business and run it for at least six months?
A. 

$3500

B. 

$5,900

C. 

$7,200

D. 

$7,400

E. 

$8,200

its not C.7200 tried it​
Business
1 answer:
Alex2 years ago
3 0

Answer:

I am not sure but I think B. is the answer

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Which of the following is not a step in creating a debt payment plan? a. Rank all debts in the order in which you would like to
7nadin3 [17]

Answer:

b. Consolidate all credit cards onto a single card with a single interest rate.

Explanation:

When a debt payment plan is initiated then, it is decided according to the outstanding amounts, that which shall be paid first and the order of payment for remaining debts.

For this monthly income and expenses are to be evaluated, in order to decide how much payment shall be made accordingly, in each month.

But this entire process do not involve the step of aggregating all the cards so that there is only one card with the same payment. There is no relation to any such payment.

7 0
3 years ago
For the following investments, identify whether they are: Trading debt securities. Available-for-sale debt securities. Held-to-m
AnnyKZ [126]

Answer:

(a) A bond that will mature in 4 years was bought 1 month ago when the price dropped. As soon as the value increases, which is expected next month, it will be sold.  - <u>Trading Debt Securities</u>

Trading debt securities such as these are held only for a short time before they are sold with the goal being short term profit.

(b) 10% of the outstanding stock of Farm-Co was purchased. The company is planning on eventually getting a total of 30% of its outstanding stock.  - <u>None of the Above</u>

This is an Equity Investment.

(c) Bonds were purchased in December of this year. The bonds are expected to be sold in January of next year.  - <u>Trading Debt Securities</u>

Like the bond in (a), this is being held for a short while only and then it will be sold so it is a Trading debt security.

(d) Bonds that will mature in 5 years are purchased. The company would like to hold them until they mature, but money has been tight recently and they may need to be sold.  - <u>Available-for-sale debt securities</u>

Available for sale debt securities are to be sold before maturity and therefore have no certain selling time. The bond above has no selling time as it might be sold at any point so it is an Available-for-sale debt security.

(e) Preferred stock was purchased for its constant dividend. The company is planning to hold the preferred stock for a long time.  -<u> None of the above.</u>

This is an Equity investment as well.

(f) A bond that matures in 10 years was purchased. The company is investing money set aside for an expansion project planned 10 years from now. - <u>Held-to-maturity debt securities.</u>

Held to Maturity bonds are bought with no intention of selling and the company hopes to hold them till they mature like this bond which will be held for 10 years.

7 0
2 years ago
After a hurricane in Florida knocked out the regional water supply for several days, the demand for bottled water increased shar
Crank

Answer:

The correct answer is letter "D": Price will increase, and quantity will increase.

Explanation:

If a natural disaster cuts the supply for water in a region, bottled water will face an <em>increase in its quantity demanded</em> as a substitute. Besides, due to scarcity, the bottled water is likely to face an increase in its price, thus, the <em>equilibrium price of bottled water increases</em>.

6 0
3 years ago
How do office assistants show enthusiasm?
sammy [17]

Answer:

I think things you can do to show enthusiasm are:

1. showing in your work (even if it is not your favorite)

2. Think on the bright side.

3. Smile, sit up straight, make eye contact with co-workers, and talk in a upbeat manner.

Hope this helps!!!

7 0
3 years ago
Sardi Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 14,200
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Answer:

Total cost $24.44

Explanation:

Sardi Inc.

Make

Direct materials$10.00

Direct labor7.00

Variable manufacturing overhead 2.80

Fixed manufacturing overhead (30% × $4.80 is avoidable)1.44

Opportunity cost ($6.40 per unit ÷ 2 minutes per unit) × 1 minutes3.20

Total cost $24.44

Therefore the cost of making the component should be compared to the price of buying the component at $24.44

3 0
3 years ago
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