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blondinia [14]
3 years ago
11

Tell me about a business idea you are aware of, including what kind of idea it is, how it was developed, and how it ended up.

Business
2 answers:
Sphinxa [80]3 years ago
8 0
I had an idea to make hand sanitizer since everyone keeps buying it up. I tried to find a way to make it but I couldn’t get it to turn into gel so I kind of gave up.
Morgarella [4.7K]3 years ago
5 0

I have always had this idea of producing bar soap. I decided to sit down and think about how to start after watching several videos on how to mix the ingredients that make up this. I decided to approach a lady that deals on chemicals and coastic soda to ask her more about where and how to get the things I needed for this. She took her time and directed me.

During this period I saw a poster while on my way from visiting a friend, and its all about Empowerment and things like what I had always wanted was among the contents of what will be taught at the empowerment program.

So I make out time and attend and the instructors were spitted into groups and I had to move into the group of what I had always desire. I was able to learn the process gradually and started the next week to produce and distribute to stores. I extended my products to markets because I made it of international standard too. Today the outbreak of this dreaded disease has boosted the production of my product as people rushes it few days after I produce.

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The two major types of transactions that affect the international flow of money are:
andre [41]
The two major types of transaction that affects the international flow of money are b. debits and credits.
When you say debits, it the liabilities and when you say credits its the assets. These two is the major transaction that makes a big impact to the economy.
4 0
2 years ago
Read 2 more answers
Discuss how dollar-cost-averaging and the ten percent solution could make someone wealthy
labwork [276]
Dollar cost averaging is an investment technique which can make a person wealthy in the long run. In this technique, you will buy a particular stock constantly and regularly, regardless of the price. This will add-up and without noticing, you have acquired more than you'd imagine. On the other hand, Ten Percent Solution, you invest 10% of your earnings in a long-term investment, and is done on a regular basis.   
6 0
3 years ago
The Gardner Company expects sales for October of $247,000. Experience suggests that 40% of sales are for cash and 60% are on cre
LenKa [72]

Answer: $74100

Explanation:

Based on the information given, the amount of cash expected to be collected in October will be calculated thus:

October, credit sales will be:

= 60% x $247000

= $148200

Since the amount that'll be collected in October will be 50% of the credit sales. This will be:

= 50% × $148200

= $74100

6 0
2 years ago
Mazeppa Corporation sells relays at a selling price of $28 per unit. The company's cost per unit, based on full capacity of 160,
ella [17]

Answer:

a. $20.00

b. $28,75

Explanation:

Find the total incremental costs to satisfy the special order and add $2.00 profit (because we are aiming for a profit not to just break-even).

<u>Calculation of Total Incremental Unit Costs</u>

Direct materials                                          $6 .00

Direct labor                                                 $4.00

Variable Overheads (2/3 × $9)                  $6.00

Shipping Cost                                             $2.00

Total Incremental Unit Cost                      $18.00

<em>Add</em> Profit Element                                     $2.00

Unit Selling Price for the Special Order  $20.00

In this case no changes will occur on fixed overheads, hence it is irrelevant.

<u>Calculation of Desired Net Operating Income</u>

Sales ($28 × 160,000 units)                                     $4,480,000

Less Product Costs :

Direct materials ($6 .00 × 160,000 units)                 ($960,000)

Direct labor ($4.00 × 160,000 units)                        ($640,000)

Variable Overheads ($6.00 × 160,000 units)          ($960,000)

Fixed Overheads ($3.00 × 160,000 units)               ($480,000)

Current Operating Income                                       $1,440,000

Add Desired Increase in Operating Income               $60,000

Desired Operating Income                                      $1,500,000

Unit Profit = $1,500,000 ÷ 160,000 units

                  = $9.375

Unit Profit = Unit Selling Price - Total Unit Costs - Unit Incremental Profit

therefore,

Unit Selling Price = Unit Profit  + Total Unit Costs + Unit Incremental Profit

                             = $9.375 + $19.00 + $0.375

                             = $28,75

5 0
3 years ago
Which measurements is the same length as 1 meter
vampirchik [111]

Answer:

A yard.

Explanation:

It is roughly about the same length as a meter.

8 0
2 years ago
Read 2 more answers
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