A business plan will help Frederick attract and persuade investors. A business plan is primarly used to explain the business to potential stakeholders like investors.
Answer:
Allocate money for all necessities
Explanation:
Answer: $18500
Explanation:
The income from operations for the rail divisions will be calculated thus:
For the rail division,
Sales = $91800
Cost of goods sold = $45500
Direct operating expense = $27800
Income from operations:
= $91800 - $45500 - $27800
= $18500
Answer:
Explanation:
1. Measuring net income for a merchandiser is conceptually the same as for a service company. TRUE
2. For a merchandiser, sales less operating expenses is called gross profit.
FALSE
For a merchandiser,sales subtracted from cost of goods sold is called gross profit.
3. For a merchandiser, the primary source of revenues is the sale of inventory.
TRUE
4. Sales salaries and wages is an example of an operating expense. TRUE
5. The operating cycle of a merchandiser is the same as that of a service company.
FALSE
A perpetual inventory system continuously leeps detailed records of the cost of the each purchase and sale. It shows the inventory that should be on hand for energy item.
The sustainable growth rate of a firm is best described as the Minimum growth rate achievable assuming a 100percent-person retention ratio.
This is further explained below.
<h3>What is a sustainable growth rate?</h3>
Generally, PIMS identifies expansion as a key factor in the achievement of organizational goals. Market share, market growth, the marketing expenditure to sales ratio, and a commanding market position are just a few of the 37 factors cited as crucial to a company's success.
In conclusion, A company's sustainable growth rate may be most accurately stated as the lowest growth rate that may be expected with maintaining a retention ratio of 100 Maximum rates of expansion that may be achieved with an infinite amount of debt funding.
The lowest rate of growth can be achieved by the company while keeping the equity multiplier unchanged.
Read more about the sustainable growth rate
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