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finlep [7]
3 years ago
14

Craig can see that his present plan will not provide sufficient cash. If Craig did not budget but went ahead with the original p

lan, he would be $ short at the end of December, with no time left to adjust.
Business
1 answer:
andrezito [222]3 years ago
7 0

Answer:

A set of business plans has to be established for Craig not to be totally broke in December

Explanation:

Below are sets of plan to take on for an effective business plan to yield growth

  • Establish a results-driven planning process with prompts and definition of specific business terms and procedures.
  • Organize the distinct business ideas possessed into an attractive yet concise visual format.
  • Develop and monitor forecasts and budgets to see if there is a potential of the business to yield money.
  • Work on convincing targeted investors with a proven and strategic format that should impress them.
  • Seek professional advice and real life examples while working on yours.
  • Consistently monitor the business you started using a unique dashboard and see how progressive you have been, the hurdles being encountered, and facilitating ways to better improve the said business.

With strict adherence to the above outlined plans, Craig does stand a chance of making profits and not being broke at December

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The process of dividing the market into groups of customers who have different needs, wants, or characteristics is called ______
Whitepunk [10]

Answer:

Market Segmentation

Explanation:

Market Segmentation is an efficient tool used in catering for the wants,needs,etc. for buyers classified under sub-group (age,income,behavior)

7 0
3 years ago
Suppose you invest today and receive in five years. a. What is the internal rate of return​ (IRR) of this​ opportunity? b. Suppo
denpristay [2]

Answer:

the numbers are missing, so I looked for a similar question:

  • investment today = $3,000
  • receive $10,250 in 5 years

a) I will use the future value formula to determine the internal rate of return:

future value = present value x (1 + r)ⁿ

  • future value = 10,250
  • present value = 3,000
  • n = 5

10,250 = 3,000 x (1 + r)⁵

(1 + r)⁵ = 10,250 / 3,000 = 3.4166667

⁵√(1 + r)⁵ = ⁵√3.4166667

1 + r = 1.27855826

r = 0.27855826 = 27.86%

b) assuming a $3,000, 27.86%, 5 year annuity, the annual payment will be:

annual payment = principal / FV annuity factor, 27.86%, 5 periods

  • principal = $10,250
  • PV annuity factor, 27.86%, 5 periods = 8.67633

annual payment = $10,250 / 8.67633 = $1,181.38

8 0
4 years ago
As industries become global in scope, competitors and potential future competitors exist not only in a company's home market but
Lesechka [4]

Answer:

<u>Globalize</u>

Explanation:

Globalization in simple terms refers to integration of domestic economy with the world economy. It lays emphasis upon removing trade barriers and making the world one big market.

The concept of Globalization gave rise to the emergence of multi national corporations operating multiple businesses in different countries.

As companies go global, the intensity of competition increases as it's no longer restricted within domestic boundaries.  Such international competition induces companies to come up with new innovations and methods so as to survive globally. This enhances the efficiency.

Thus, this serves as one of the motives for the companies to Globalize.

3 0
4 years ago
The price of a preferred share of stock that pays a $3.00 dividend, has an expected return of 12%, and a tax rate= 30% is_____.a
Gala2k [10]

Answer:

$25

Explanation:

The computation of the price of the preferred stock is shown below:

Price of the preferred stock = Annual dividend ÷ expected rate of return

= $3 ÷ 12%

= $25 per share

Simply we divide the annual dividend by the expected rate of return so that the correct price of preferred stock can be computed

All other information which is given is not relevant. Hence, ignored it

This is the answer and the same is not provided in the given options

5 0
3 years ago
Your classmates are planning to go to Miami for spring break, and you are undecided about whether you should go with them. The r
MaRussiya [10]

Answer:

You should use the discount coupon to pay for the Miami trip. Not considering the personal motivations for the trip, the coupon is worth $500. The cost of flying is $600, so you will only pay $100 yourself. You will be spending $900 + $1000 = $1,000 in total.

The opportunity cost of using the coupon is $350 (the cost of the round trip to Atlanta). Even if you add the $350 to the $1,000 expense, the total is $1,350, less than your $1,400 maximum budget.

3 0
3 years ago
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