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Harlamova29_29 [7]
3 years ago
5

Why is it important to write a business plan?

Business
2 answers:
Bas_tet [7]3 years ago
7 0

A business plan is a very important strategic tool for entrepreneurs. A good business plan not only helps entrepreneurs to focus on the specific steps necessary for their to make business ideas succeed, but it also helps them to achieve both their short-term and long-term objectives.

sdas [7]3 years ago
4 0

to keep all things sorted :)

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Which of the following represents procurement as part of the support value activities in a value chain​ analysis?
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E. Purchasing inputs such as raw materials, resources, equipment and supplies

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In business, <u>Procurement</u><u> </u>is the process of acquiring goods/services in order to support operational activities.

It includes all the aspects related to a purchase: price ( estimates, biddings ) , payment terms, good specifications, quality, delivery, volumes, etc.

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The annual earnings of a typical investor are
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2 years ago
The concept which refers to the idea that individuals rise to their lowest level of incompetence is the?
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7 0
1 year ago
Goshford Company produces a single product and has capacity to produce 105,000 units per month. Costs to produce its current sal
Salsk061 [2.6K]

Answer:

Net income= $4,836,200

Explanation:

Giving the following information:

Offer:

21,000 units for $77.4

An increase in variable cost= $7.6 per unit

Direct materials $ 12.50 $ 1,050,000

Direct labor 15.00 1,260,000

Variable manufacturing overhead 14.00 1,176,000

Fixed manufacturing overhead 17.50 1,470,000

Variable selling and administrative expenses 14.00 1,176,000

Fixed selling and administrative expenses 13.00 1,092,000

Totals $ 86.00 $ 7,224,000

First, we need to calculate the effect on the income of accepting the offer:

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Net income= $4,836,200

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