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guajiro [1.7K]
3 years ago
14

Explain why it is important to study your industry before developing a business concept.

Business
1 answer:
Nonamiya [84]3 years ago
7 0

Answer:because if you dont you dont know a [heck nothing} and then your dumb then turn poor!

Explanation:in life its not easy so if that were to be you would fail to do an industry because of your failer and that would give you the cause of being dumb and poor!

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Charlie Corporation is considering buying a new donut maker. This machine will replace an old donut maker that still has a usefu
mariarad [96]

Answer:

The incremental annual net cash inflows provided by the new machine would be $2,525.

Explanation:

In order to calculate the incremental annual net cash inflows provided by the new machine we would have to use the following formula:

incremental annual net cash inflows=saving in annual operating cost+contribution earned on additional sales

                                                        =( $4,125-$3,730)+(21,300×$0.10)

                                                        =$395+$2,130

                                                        =$2,525

Hence, The incremental annual net cash inflows provided by the new machine would be $2,525.

3 0
3 years ago
Geneva Company manufactures dolls that are sold to various customers. The company works at full capacity for half the year to me
SpyIntel [72]

Answer: <u><em>So, the minimum selling price will be $26.</em></u>

Explanation:

The fixed cost are incurred regardless of the production volume, they're tangential to decision making.

Now,  

Minimum selling price that should be accepted for the product is given as follow:

Variable manufacturing cost = $20

Variable selling and admin  = $6

Total cost incurred = Variable manufacturing cost + Variable selling and admin = $26.

<u><em>So, the minimum selling price will be $26.</em></u>

7 0
3 years ago
Read 2 more answers
Plans in which employees can earn additional compensation in return for certain types of performance are called
ryzh [129]

Answer: D - incentive systems

Explanation: A incentive system is a system whereby rewards are offered to employees to stimulate their motivation to work.

Incentive can be monetary, non monetary, on target or career prospect. It aids employees reach and supersede their assigned duties within a limited time frame.

Incentive reward system is well appreciated by employees as it shows them that their efforts are being appreciated by their employers and thereby put in more effort to do more.

3 0
4 years ago
If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years? use
Volgvan

$613.04  will the investment be worth in 12 years.

<h3>What is investment?</h3>

The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.

Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.

To know more about investment follow the link:

brainly.com/question/25300925

#SPJ4

8 0
2 years ago
Rios Corporation reports costs for the year as​ follows: Direct Materials Used $ 795 comma 000 Wages to Line Workers 270 comma 0
Pavlova-9 [17]

Answer:

$1,490,000

Explanation:

Given that,

Direct Material used = $795,000

Wages to Line workers = $270,000

Indirect Materials used  = $425,000

Total product cost for the year:

Direct Material used + Wages to Line workers + Indirect Materials used

= $795,000 + $270,000 + $425,000

= $1,490,000

Therefore, the total product costs for the​ year is $1,490,000.

5 0
3 years ago
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