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LiRa [457]
3 years ago
6

What are the three major parts in the organization and marketing section of the business plan?

Business
1 answer:
3241004551 [841]3 years ago
4 0

Answer:

market analysis, competitive analysis, and specific marketing actions.

Explanation:

hope this helps

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Cheese Factory Incorporated reported the following information for the fiscal year ended August 31, 2015.
Slav-nsk [51]

Answer:

              CHEESE FACTORY INCORPORATED

                            Income Statement

                For the Year Ended August 31, 2015

Revenues:  

Sales revenue                                                 $1,738,000

Total revenue                                           $1,738,000

Expenses

Salaries and wages expense  $975,000

Office expenses                       $115,000

Utilities expense                       $550,000

Total expenses                                                <u>$1,640,000</u>

Net income                                                      <u>$98,000</u>

                CHEESE FACTORY INCORPORATED

                   Statement of Retained Earnings

              For the Year Ended August 31, 2015

Retained earnings, beginning       $414,000

Add: Net income                            $98,000

Less: Dividends                              <u>$14,000  </u>

Retained earnings, ending           <u>$498,000</u>

6 0
2 years ago
The following amounts were taken from the financial statements of Ando Company: 2017 2016 Total assets $800,000 $1,000,000 Net s
aleksandr82 [10.1K]

Answer:

35 times

Explanation:

The price-earnings ratio is the financial ratio that compares the market price of a share with its earnings in order to determine whether the share gives earnings that makes it a good buy.

Price-earnings ratio=market price per share/earnings per share

market price per share for 2017 is $42

earnings per share=net income-dividends/average common stock outstanding

net income is $108,000

dividends is nil

average number of common stock is 90,000

earnings per share=$108,000-$0/90,000=$1.2

price earnings ratio=$42/$1.2=35 times

6 0
3 years ago
McMurphy Corporation produces a part that is used in the manufacture of one of its products. The costs associated with the produ
Effectus [21]

Answer:

the correct answer is

A) make the part, as this would save $14 per unit

7 0
3 years ago
Sage Company had cash receipts from customers in 2020 of $137,920. Cash payments for operating expenses were $84,990. Sage has d
Triss [41]

Answer:

sales revenue for the period: $  143,900

operating expenses:               $   78,000

Explanation:

We solve for sales using the account recievable identity:

beginning account receivable + sales - collection = ending account receivable

12,330 + sales - 137,920 = 18,310

sales = 137,920 + 18,310 - 12,330 = 143,900

Then, for operating expenses, we have a prepaid expenses thus unexpired and therefore, not expenses under accrued accounting.

we solve like this:

beginning prepaid expenses    19,800

payment on expenses              84,990

total expenses payment          104,790

We now subtract the prepaid (unexpired) to get the amount accrued for the period:

104,790 - 26,790 = 78,000

4 0
3 years ago
On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid
almond37 [142]

Answer:

Debit interest receivable $1,500

Credit interest revenue $1,500

Explanation:

Adjust entries are used in accounting to record accrued revenue or expense at the end of an accounting period.

On March 1, 2021, Bearcat lends an employee $20,000. The employee signs a note requiring principal and interest at 9% to be paid on February 28, 2022.

We are to calculate the adjustment at December 31, 2021.

We need to calculate interest accrued at year end. The loan would have stayed for 10 months.

Interest= principal* rate* time

Interest= 20,000* 0.09* (10/12)

Interest = $1,500

So we will debit interest receivable for $1,500 and credit interest revenue.

5 0
2 years ago
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