A business plan would help small business owners to know how to operate the business, achieve goals and what activities need to be conducted in case they missed anything out. It helps a business to plan out and conduct business operations.
Answer: $275,000
Explanation:
Given that,
Annual net income = $22,000
Capitalization rate = 8%
Value of the property = ?
Capitalization rate = ![\frac{Net\ operating\ income}{Current\ property\ value}](https://tex.z-dn.net/?f=%5Cfrac%7BNet%5C%20operating%5C%20income%7D%7BCurrent%5C%20property%5C%20value%7D)
8% = ![\frac{22,000}{Current\ property\ value}](https://tex.z-dn.net/?f=%5Cfrac%7B22%2C000%7D%7BCurrent%5C%20property%5C%20value%7D)
Value of the property = ![\frac{22,000\times100}{8}](https://tex.z-dn.net/?f=%5Cfrac%7B22%2C000%5Ctimes100%7D%7B8%7D)
= $275,000
Answer:
Instructions are below.
Explanation:
We weren't provided with enough information to answer the request. <u>But, I will give an example and formulas to guide an answer.</u>
<u>For example:</u>
Production in units:
May=20,000
June= 22,000
Beginning inventory of direct materials= 8,000
<u>To calculate the purchase for May, we need to use the following formula:</u>
Purchases= production + desired ending inventory - beginning inventory
Purchases= 20,000*7 + (22,000*7)*0.29 - 8,000
Purchases= 176,660 pounds
Answer:
Proofread for punctuation errors (it's a must!!), Jot down reasons that explain the bad news (I think), Organize your ideas (I think)
Explanation:
I think: Jotting down the reasoning helps/support the information (specifically) the bad news. Organizing your ideas helps to keep everything you write on track and ideas you want to mention always start from check-point A to check-point B and so forth.... (It's my thoughts of an answer)
Answer:
D. $100
Explanation:
Given: William install 7 system per day at the cost of $300.
William install 8 system per day at the total cost of $400.
Remember, If the marginal cost curve is upward-sloping, this means that as output increase, marginal costs will also increase.
Marginal cost is an additional cost incurred in producing additional unit of output.
Now, finding additional payment that eighth customer has to pay.
Change in marginal cost= ![Cost\ incurred\ in\ installing\ 8\ system - cost\ incurred\ in\ installing\ 7\ system](https://tex.z-dn.net/?f=Cost%5C%20incurred%5C%20in%5C%20installing%5C%208%5C%20system%20-%20cost%5C%20incurred%5C%20in%5C%20installing%5C%207%5C%20system)
⇒ Change in marginal cost= ![\$400-\$300](https://tex.z-dn.net/?f=%5C%24400-%5C%24300)
∴ Change in marginal cost= ![\$ 100](https://tex.z-dn.net/?f=%5C%24%20100)
Hence, there is an increase in marginal cost by $100 as output increases, therefore, William will install eight sound systems per day only if the eighth customer is willing to pay at least $100.