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harina [27]
4 years ago
5

What are the critical questions that entrepreneurs need to ask themselves while starting a business?

Business
1 answer:
lidiya [134]4 years ago
6 0
<span>What is the total cost of ownership of my capital purchases? i would say

</span>
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Although a consumer may be happy with your company’s product/service, they will not hesitate to switch if another company provid
vesna_86 [32]

Answer:

delight

Explanation:

Consumer satisfaction refers to the level of happiness that a customer derives from the consumption or use of any product or service. The information related to the customer satisfaction is derived from the surveys and ratings. These information helps in the betterment and improvement of the product and services.  

Delighting the customer is a very important part of marketing. This helps in maintaining the customer relation.

4 0
3 years ago
Why must real options have positive​ value? ​(Select all the choices that​ apply.) A. Real options must have positive value beca
murzikaleks [220]

Answer:

B. Real options must have positive value because they are only exercised when doing so would increase the value of the investment.

C. Having the real option but not the obligation to act is valuable.

D. If exercising the real option would reduce​ value, managers can allow the option to go unexercised.

Explanation:

A real option is a choice made available to the managers of a company concerning business investment opportunities. It is referred to as “real” because it typically references projects involving a tangible asset instead of a financial instrument. Tangible assets are physical assets such as machinery, land, and buildings, as well as inventory.

A 'real option' is also a choice available to a company regarding an investment opportunity. The term 'real' means that it refers to a tangible asset and not a financial instrument. Examples of real options include determining whether to build a new factory, change the machinery and technology on a production line.

4 0
3 years ago
On October 1, 2019, Illini Company purchased a truck for $42,000. The truck is expected to have a salvage value of $3,000 at the
user100 [1]

Answer:

$3,250.00

Explanation:

Cost price for the truck is $42,000

Salvage value for truck is $3000

Depreciable amount is cost price - salvage value

= $42,000 - $3000

=$39,000

The truck has three years of useful life:  depreciation per year will be

=$39,000/3

=$13,000

In 2019, the truck operated for three months, ( October, November, and December)

The amount of depreciation to be recorded in 2019

=$13,000/12 x 3

=$,083.3333333 x 3

=$3,250.00

5 0
3 years ago
A. Given the historical cost of product Z is $20, the selling price of product Z is $25, costs to sell product Z are $3, the rep
Vlada [557]

Answer:

1.

c. $21

2.

b. $20

Explanation:

1.

In lower-of-cost-or-market comparison, the cost of the product and the realizable value of the product are compared and lower is used to value the available inventory.

In the given Scenario the realizable value of product Z is the recoverable value of the product.

Hence The replacement value of $21 should be used in the lower-of-cost-or-market comparison.

2.

Calculate the net recoverable value for the product Z

Net recoverable value = Selling price of product Z - Cost to sell product Z

Net recoverable value = $25 - $3 = $22

Now by comparing the cost and net realizable value the lower value is cost of $20.

Hence $20 will be used in order to value the inventory.

6 0
3 years ago
Which of the following best describes the Net Present Value rule?
Harrizon [31]

Answer:

(B) Take any investment opportunity where the net present value (NPV) is not negative; turn down any opportunity when it is negative.

Explanation:

Net present value (NPV) simply differentiates between the present value of cash inflows and the present value of cash outflows.

And the rule is that a company should only invest or be engaged in any business that has a positive net present value and exclude themselves from businesses that have been negative net present value as this can increase the company's income.

8 0
3 years ago
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