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mafiozo [28]
3 years ago
8

What’s is one of “Starbucks? Direct competitors

Business
2 answers:
MAXImum [283]3 years ago
8 0
Think of competitors that sell the same thing, for example Pacific Coffee or Pretz.
umka2103 [35]3 years ago
6 0

Answer:

Dunkin Donuts and McDonald's

Explanation:

You might be interested in
To produce x units of a religious medal costs Upper C (x )equals 17 x plus 32. The revenue is Upper R (x )equals 25 x. Both cost
daser333 [38]

Answer:

a) 4 units

b) $2048

c) 14 units

Explanation:

Break-even quantity (BEP) is the level of activity that a business must operate to make its total revenue equal to its total cost. At this point, the business makes no profit or loss. It gives an idea of the exact number of units of product to be sold in order to cover its total fixed cost.

Break-even point (BEP) is calculated as follows:

BEP (units) = Total Fixed Costs for the Period/ (SP - VC)

SP- selling price, VC- variable cost per unit

Profit : This is the excess of the total revenue over and above the total cost .

Profit = Total revenue - total cost.

<em>Total revenue = SP × units sold</em>

<em>Total cost = Variable cost + Fixed cost</em>

<em>Total variable cost = VC per unit × units sold   </em>

The number of units t achieve a target profit is determined as follows:

Units to achieve profit = (Total fixed cost  + Target profit)/(SP - VC)

Now we can apply all these concepts to our question,

From the question, VC per unit= $17, SP per unit= $25, Fixed cost = $32

a) BEP =  32/(25-17) = 4 units

b) Profit from 260 units

Profit = (25 ×260) - ((17 × 260) + 32)

         =  $6,500- $4,452

          =  $2048

c)  Units to be produced to achieve a profit of $80

Units = (32 + 80)/(25-17)

          = 14 units

3 0
3 years ago
Question Mode Multiple Choice Question A corporation is created by obtaining a charter from: Multiple choice question. an attorn
Klio2033 [76]

In general, when a corporation is to be created, it gets its charter from <u>the state government. </u>

<u />

Corporations:

  • Get their charter from a state government
  • Are bound by the laws of the state in which they are registered

The powers that state governments have in the United States include being able to license corporations and when they do this, that corporation is bound by their laws.

Corporations would therefore usually look for states with more lenient laws.

In conclusion, corporate charters come from the state government.

<em>Find out more at brainly.com/question/7500912.</em>

8 0
2 years ago
Using the expanded accounting equation, solve for the missing amount
AveGali [126]

Answer:

The expanding accounting equation is:

Assets = Liabilities + Stockholders Equity

                                 [Common Stock + Retained Earnings]

                                                               (Revenues - Expenses - Dividends)

Now, we replace the amounts in the formula

$84,325 = $2,560 + X

                              [  X  + R ]

                             ($54,780 - $28,125 - $13,450)

$84,325 = $2,560 + X

                              [  X  + R ]

                             ($54,780 - $28,125 - $13,450)

$84,325 = $2,560 + X

                              [  X  + $13,205 ]

$84,325 = $2,560 + X

                               [  68,560  + $13,205 ]

$84,325 = $2,560 + $81,765

Both sides are now equal to $84,325

Thus, Common Stock = $68,560

                             

                           

6 0
3 years ago
Prezas Company's balance sheet showed total current assets of $2,500, all of which were required in operations. Its current liab
ipn [44]

Answer:

$1,275

Explanation:

Recall that,

Net operating working assets (NOWC) = Current assets - (current liabilities - notes payable).

Thus,

Given that

Current assets = 2500

Current liabilities = 975 + 250 + 600 = 1825

Notes Payable = 600

Therefore,

NOWC = 2500 - (1825 - 600)

NOWC = 2500 - 1225

NOWC = $1275

8 0
2 years ago
Slapshot Company makes ice hockey sticks and sold 1,890 sticks during the month of June at a total cost of $378,000. Each stick
Grace [21]

Answer:

<u>Slapshot Company</u>

<u>Income statement for the month of June</u>

Sales ( 1,890 x $360)                                   $680,400

Less Costs of Sales                                    ($378,000)

Gross Profit                                                  $302,400

Selling Costs :

Commissions                           $68,040

Other Selling Expense            $64,700

Administrative Expense          $53,800    ($186,540)

Net Income                                                   $115,860

Explanation:

The Income statement shows the <em>Profit</em> earned during the reporting period. This is determined as Gross Profit (Sales - Cost of Sales) minus the Operating Expenses.

6 0
3 years ago
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