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KatRina [158]
3 years ago
11

Mickey and Sam want to expand to other cities, hire employees, and raise capital for their growing business. Explain what you wo

uld recommend that they do at this time to achieve their business goals and why?
Business
1 answer:
Reil [10]3 years ago
7 0

Answer: To achieve their objectives, they must first create a budget that indicates whether it is viable to move their business to other cities. In addition, it would be good if they get financing for the growing business and that this does not imply the company that they keep operating, has to contribute their own funds

Why? what could happen is the opposite effect and that they are doing badly in the company that currently has for this reason the planning is the priority in a possible expansion.

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A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. Its profit margin and total as
kvasek [131]

A company had net income of $40,000, net sales of $300,000, and average total assets of $200,000. The profit margin and total asset turnover ratio are 13.3% each. 1.5.

There are two methods that can be used to calculate return on assets. The first method is to divide the company's net income by its average total assets. The second method is to multiply the company's net profit margin by sales.

Return on assets is calculated by dividing a company's after-tax earnings by total assets. The balance sheet total corresponds to the company's total equity and liabilities. This value can be found on the company's balance sheet.

Learn more about assets at

brainly.com/question/25746199

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4 0
1 year ago
Your parents put $300 into an account paying 11 percent interest for you when you were ten. Ten years later they tell you that y
Flauer [41]

Answer:

The balance in the account = $851.8

Explanation:

The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years

.

This implies compounding the initial amount invested ($300) at the given interest rate(11%) for 10 years.This will be done as follows:

<em />

FV = PV × (1+r)^(n)

FV-Future value

r- rate of return per period

n- Number of period

PV - 300

r-11%

DATA

FV- ?

PV - 300

n- 10

FV= 300 × 1.11^10 = 851.83

The balance in the account = $851.8

3 0
3 years ago
Adam has a monthly income of $20 that can be spent on books (B) and pencils (P). The price of a book is $5 and the price of a pe
Brut [27]

Answer:

A. 2 books and 20 pencils

Explanation:

2 x5$= 10$

20x 0.50$= 10$

10$+10$=20$

4 0
3 years ago
How Big Bazaar retail store would retain it's business in today's competitive world among retail firms?​
seropon [69]

Answer:

The assignment is based on' the effective marketing strategy which influences customer to purchase a product of Big Bazaar' helps to understand the effect of marketing strategy which is responsible for attracting customer towards big bazaar.

The research was carried out as per the steps of Marketing Research. The well supportive objectives were set for the study. To meet the objectives primary research was undertaken. The data collection approach adopted was experimental research.

6 0
2 years ago
What is the speed of a wave if the wavelength is 100 m and the frequency is 20 Hz?
zmey [24]
The anwser 1,000m/s. Good Luck.

6 0
3 years ago
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