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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.

You might be interested in
What is one advantage of starting to invest as early as possible?
Romashka-Z-Leto [24]

Answer:

D: Your money has more time to grow.

Explanation:

If you use process of elimination your age doesn't matter on discounts or rates. If you invest when you're younger you have more time to learn about what you're investing in and more time for your money to grow.

8 0
3 years ago
In a financial crisis, the unemployment rates will likely be _____ and the number of bankruptcies will likely be _____.
bearhunter [10]

I'm pretty sure both the unemployment rate and the bankruptcy rate would be higher.

4 0
2 years ago
Read 2 more answers
Smith Fabricating uses job costing and applies overhead using a normal costing system and uses direct labour cost as the allocat
nalin [4]

Answer:

Estimated manufacturing overhead rate= $40 per direct labor hour

Explanation:

Giving the following information:

This period's estimated overhead cost is $100,000 and an estimated direct labor cost of $50,000 and 2,500 direct labor hours.

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 100,000/2,500= $40 per direct labor hour

6 0
2 years ago
You have an opportunity to carry a new brand of football. You estimate that you will sell 300 per week with a margin of $40 per
Ierofanga [76]
If a shopkeeper starts to sell the new football, their weekly margins would be:

300 x 40 = $12,000

However, the sales of the lower cost footballs will decrease by:

100 x 20 = $2,000 every week

Hence, the total margin we can generate by selling every week by selling the new footballs is:

12,000-2,000 = $10,000 

This means the shopkeeper should actually start selling new footballs since their shop will become more profitable

3 0
3 years ago
The marginal cost of production that is borne by the entire society is called the marginal A. public cost. B. private cost. C. e
ArbitrLikvidat [17]

Answer:

D) social cost

Explanation:

Social costs are the total costs beared by the entire society. Social costs includes all the private production costs plus all the externalities.

Marginal social costs are the marginal costs beared by the entire society, and it includes all the private marginal production costs and the marginal costs of externalities.  

6 0
3 years ago
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