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4 years ago

What is a business idea?

Business

2 answers:

lana66690 [7]4 years ago

8 0

Answer:

A business idea is the concept of a product or service for starting a new company.

Explanation:

A business idea refers to information related to a service or product, the target market for it, the strategies to be able to position it in the market and the value proposition. A good business idea solves a problem, is unique and can be profitable.

mart [117]4 years ago

3 0

A business idea is an idea that one or more people come up with to start a business. The idea will state what the business is, how they think it should be run and what their customer base will be. After a business idea is planned the developer typically develops a marketing plan and from there they try and receive funding or get approval for their business idea.

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A firm utilizes a strategy of capital rationing, which is currently $375,000 and is considering the following two projects: Proj

irinina [24]

Answer:

The manager should pick project B

Explanation:

To determine what decision the manager should make, the NPV of both projects should be calculated.

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator

NPV for project A

Cash flows:

Year 0 = $-335,000

year 1 = $140,000

year 2 = $150,000

year 3 = $100,000

I = 6%

NPV= $14,536.87

NPV for project B

Cash flows:

Year 0 = $-365,000

year 1 = $220,000

year 2 = $110,000

year 3 = $150,000

I = 6%

NPV= $66,389.67

Both projects are profitable but because the firm uses capital rationing , the manager has to pick the now profitbale project, which is project B.

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

7 0

3 years ago

Which of the following is the best way to help build your self-esteem?

just olya [345]

Answer:

The correct answer is D. Know your abilities.

Explanation

Self-esteem is the feeling that makes people worry about themselves and arouses the feeling of self-preservation; this is related to the way we value ourselves and we feel confident about our abilities, personality, and attributes. Due to this, one of the first steps to build or improve self-esteem is to know yourself and appreciate positive aspects such as attributes, strengths, talents, abilities, etc. Also, it is important to recognize negative aspects but to avoid focusing on these. As a result, you can understand your own value and appreciate or love yourself for this. So, the correct answer is A. Know your abilities.

6 0

3 years ago

Read 2 more answers

onceptual Connection: For each situation, identify the possible root cause(s) of the activity cost (such as plant layout, proces

Minchanka [31]

Answer:

Explanation:

For each situation, identify the possible root cause or causes of activity cost, among these:

1. Plant Layout

2. Process design

3. Product design

(A) PROCESS DESIGN

The design of the process of production is the root cause of activity cost here. From the rates given, it's clear that the manual method of production costs more time and money than the mechanical production method.

A minor cause of activity cost here is the PRODUCT DESIGN; the cost of which varies with the use of labour and the use of machine.

(B) PRODUCT DESIGN

Change in design of the gear (removal of some component parts) reduces set up time and cost.

Redesign of manufacturing plant saves the time and cost of moves.

3 0

3 years ago

An ad in a newspaper reads: "AVAILABLE TODAY ONLY. FRIENDLY'S APPLIANCES. CLEARANCE SALE FOR ALL FLOOR ITEMS. 75% OFF RETAIL PRI

geniusboy [140]

Answer:

The correct answer is: The Uniform Commercial Code.

Explanation:

The Uniform Commercial Code (UCC) is the main set of laws regulating commerce in the U.S. The UCC focuses on how financial and commercial transactions are handled ruling the bad practices some companies could incur in an attempt of generating more profit. The UCC is adopted by most states in the U.S. and each of them has adapated it with some variations.

8 0

3 years ago

Here are selected 2017 transactions of Novak Corporation. Jan. 1 Retired a piece of machinery that was purchased on January 1, 2

Oliga [24]

Answer:

dep expense 4,450 debit

acc depreciation computer 4,450 credit

to record depreciation for the computer

cash 4,700 debit

acc depreciation 22,250 debit

loss on disposal 9,250 debit

computer 35,600 credit

to record sale of computer

dep expense 4,160 debit

acc depreciation truck 4,160 credit

to record depreciation expense for the truck 2017

cash 9,500

acc depreication 16,640

gain on disposal 2,040

truck 24,100

to record sale of a truck

Explanation:

<u>Computer:</u>

35,600 / 4 = 8,900 depreciation per year

depreciation for 2017

january to june 30th --> half a year so half depreciation

8,900 / 2 = 4,450

then we do the sale of the computer

acc depreciation

from jan 1st 2015 to june 30th 2017

2 and a half year

8,900 + 8,900 + 4,450 = $22,250.00

book value 35,600 - 22,250 = 13,350

proceeds 4,700

loss on disposal 9,250

<u>truck</u>

Acquisition Value 24100

Salvage Value 3300

ammount subject to depreciation 20800

Useful Life 5

depreciation per year 4160

We need to do the entry for the depreication for the year.

Then we calcualte the gain/loss on disposal

accumualted from jan 2014 to dec 31th 2017

4 years

4,160 x 4 = 16,640

book value 24.100 - 16,640 = 7,460

proceeds 9,500

gain on disposal 2040

5 0

4 years ago