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3 years ago

Mention four things to consider before starting a business

1 answer:

6 0

1. The Idea - Before even thinking of starting a business, you need to make sure it's original. If you make something, someone else is bound to have something similar; make it unique.
2. The financing - You don't want to just jump in before you have at least a rough sketch of how you plan to finance it.
3. The location - Where will you start the business? It should be near your target audience.
4. The name + slogan - Every good business needs an original name and slogan to push along marketing.

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Red Co. uses the product cost concept of applying the cost-plus approach to product pricing. Below is cost information for the p

hammer [34]

Answer:

b 43.50%

Explanation:

Product Cost = Variable Manufacturing Costs + Fixed Manufacturing Cost

Product Cost = 40,000*($7.00 + $11.00 + $3.00) + $80,000

Product Cost = 40,000*$21 + $80,000

Product Cost = $840,000 + $80,000

Product Cost = $920,000

Markup = Total Selling and Administrative Expenses + Desired Profit

Markup = $2.00*40,000 + $140,000 + $1,200,000*15%

Markup = $80,000 + $140,000 + $180,000

Markup = $400,000

Markup percentage = Markup / Product Cost * 100

Markup percentage = $400,000 / $920,000 * 100

Markup percentage = 0.434783 * 100

Markup percentage = 43.47%

6 0

3 years ago

How do you get a Monthly budget spend down

Pie

You can also save $3 a day. At the end of a 30 day month, you’ll have $60.

3 0

3 years ago

Ashley Inc.’s total value is $950 million. Its balance sheet shows $100 million of accounts payable, $100 million of notes payab

PIT_PIT [208]

Answer: $7.50

Explanation:

Given that,

Total value = $950 million

Accounts payable = $100 million

Notes payable = $100 million

Long-term debt = $200 million

common equity = $200 million

shares of common stock = 100 million

Value of equity = Value of firm - Value of preferred stock - Value of long term debt.

= $950 million - 0 - $200 million

= $750 million

$Value\ of\ stock = \frac{Value\ of\ equity}{Number\ of\ shares}$

$Value\ of\ stock = \frac{750}{100}$

= $7.50

5 0

3 years ago

In 2019, George and Martha are married and file a joint tax return claiming their two children, ages 10 and 8 as dependents. Ass

Tresset [83]

Answer:

The answer is option (b)$4,000

Explanation:

Solution

Given that:

Now

The income of George and Martha is =$119.650

For year 2019 child tax credit is $2,000 per dependent child subject to a minimum income of $2,500.

The Income limit for Married Jointly Filed is= $400,000.

Thus

They are eligible for $2,000 tax credit per child.

So,

Tax Credit = $2,000 * 2

= $4,000

Note: The AGI limit phaseout begins at $400000 for joint tax filers

8 0

4 years ago

This question is ssssssssssssssssssssssss IDKKKKK

nexus9112 [7]

Answer:

IDKK EITHER OF WHAT YOU ARE ASKING IDK

Explanation:

I just got myself confused XD

5 0

3 years ago