1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
asambeis [7]
3 years ago
6

Your business plan is a tool that can

Business
2 answers:
REY [17]3 years ago
7 0

Answer:

help you find a job in the future. it organizes a plan to follow, including backup plans, if something goes wrong

Explanation:

Oksi-84 [34.3K]3 years ago
5 0

Answer:

Organize budget, funding, production and distribution.

It acts as a blue print for a business, what you must do to achieve the goal and make profits.

You might be interested in
On May 7, Keenan Company purchased on account 620 units of raw materials at $21 per unit. During May, raw materials were requisi
a_sh-v [17]

Answer:

Dr Material Inventory $13,020

Cr               Trade Payables $13,020

Dr Work In Progress $9,742

Cr Material Inventory       $9,742

Explanation:

On 7th May the double entry would be to record the inventory purchases on credit which would increase the inventory by $13,020 (620*21) as under:

Dr Material Inventory $13,020

Cr               Trade Payables $13,020

The material sent to production or manufacturing team would be recorded as increase in the work in progress by the value of the material issued which is $9,742 (211*$19 + 273*$21).

Dr Work In Progress $9,742

Cr Material Inventory       $9,742

8 0
3 years ago
A. medical payment auto 1. covers insured for life; is paid on for a specific-
ivolga24 [154]

Answer:

E. property damage auto 5. pays if insured is at fault and someone else's-  

property is damaged

5 0
3 years ago
Read 2 more answers
On January 1, Year 1, Alla Co. sold a property to Mish Co. for $400,000 and simultaneously leased it back for 3 years. The carry
vichka [17]

Answer: $30,000

Explanation:

In accounting, the treatment of the Sale and Operating Leaseback operation is such that a gain is only recognized if the sales price is more than the fair value. In such a case the difference between the fair value and the carrying price is considered the Gain on Sale.

The Difference between the sales price and the fair value is to be amortized over the period of use.

Seeing as the selling price is more than the fair value, the Gain on Sale is therefore,

= Fair Value - Carrying Value

= 310,000 - 280,000

= $30,000

$30,000 is the amount of gain on sale of the property recognized by Alla on January 1, Year 1.

7 0
3 years ago
Snow Cap Company has a unit selling price of $250, variable costs per unit of $170, and fixed costs of $160,000. Compute the bre
snow_tiger [21]

The break-even point in units using the mathematical equation  is 2,000 in units and the unit contribution margin is 80 per unit.

<h3>Break even points in units</h3>

a. Break-even point in unit

Using this formula

Break-even point in unit=Fixed cost/(Selling price-Variable cost)

TC = FC + VC

Sales - TC = Net Income

Sales - TC = 0

Sales - FC - VC = 0

2500(Q)-160,000-170(Q) = 0

80(Q)-160,000 = 0

80(Q)=160,000

Q=160,000/80

Q=2,000 break-even in units

b. Unit contribution margin

Unit contribution margin = Selling price- Variable cost

Unit contribution margin= $250 - $170

Unit contribution margin =$80 per unit

Inconclusion the break-even point in units using the mathematical equation  is 2,000 in units and the unit contribution margin is 80 per unit.

Learn more about break-even point here:brainly.com/question/9212451

8 0
2 years ago
The average price of homes sold in the U.S. in 2012 was $240,000. A sample of 144 homes sold in Chattanooga in 2012 showed an av
Ainat [17]

Answer:

H0 : Average price of homes sold in US = 24000 ; H1 : Average price of homes sold in US ≠ 24000

t  calculated value = 2 , t critical (tabulated) value = 1.96

calculated t > critical t . Null Hypothesis is rejected, It is concluded that 'Average price of homes sold in US ≠ 24000 '

Explanation:

Null Hypothesis : Average price of homes sold in US = 24000

Alternate Hypothesis : Average price of homes sold in US ≠ 24000

t = (x' - u) / (s / √n)

x' = sample mean = 246000 (given)

u = population mean = 240000 (given)

s = standard deviation = 36000

n = no. of observations = 144

t = (246000 - 240000) / (36000/√144)

6000/ (36000/12000) = 6000/3000

t = 2

Critical value for a two tailed test at 5% significance level, 0.025 in t distribution = 1.96

Since calculated value, 2 > tabulated or critical value at significance level, 1.96. So, we reject the null hypothesis. This implies that <u>'Average price of homes sold in US ≠ 24000</u>'

3 0
3 years ago
Other questions:
  • You sell $4,000 per week in bags of dog food at 30% margin. You sell $3,000 per week in dog toys at 45% margin. Which generates
    8·1 answer
  • Jeffreys Company reports depreciation expense of $40,000 for Year 2. Also, equipment costing $240,000 was sold for a $10,000 los
    11·1 answer
  • Workplace Messaging and Texting
    13·1 answer
  • Which situation is ideal for an entrepreneur to buy an existing business?
    10·2 answers
  • There are three economy situations and two stocks Information is as follows Economy Stock A Stock B Booming 0.3 10 20 Neutral 0.
    8·1 answer
  • AirStep Shoe Company has two retail stores, one in Gainesville and the other in Orlando. The Gainesville store had sales of $165
    13·1 answer
  • Projects A and B are mutually exclusive and have an initial cost of $82,000 each. Project A provides cash inflows of $34,000 a y
    10·1 answer
  • What step in the investigative process would the development of timelines and interpretation of burn patterns be related to?
    15·1 answer
  • Suppose that a business incurred implicit costs of $500,000 and explicit costs of $5 million in a specific year. If the firm sol
    6·1 answer
  • A firm has a debt-total asset ratio of 61 percent and a return on total assets of 11.4 percent. What is the return on equity
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!