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
djyliett [7]
3 years ago
7

Korey's comic book store has been up and running for 4 years. Korey feels that his store has been successful and is considering

moving to a larger property to allow for greater inventory and customer opportunities in his business . He would like investors to cover the cost of his expansion. The profits of Korey's comic book store for its first four years are outlined below.According to this information, what would be the best estimate for korey to quote as expected profits in the next year in his new business plan
Business
2 answers:
saveliy_v [14]3 years ago
4 0
Had to look for the rest of the details and here is my answer.

Based on the given table of data attached to this question, the best estimate for Korey to quote as expected profits in the next year for his business plan next year would be <span>$19,386.97. Here is the given information of his net year profits.
</span>Year
Net Profits
1: $14,250.00
2 : $15,390.00
3 : $16,621.20
4 : $17,950.90
<span>5 : ?
</span>
Hope this answer helps.
barxatty [35]3 years ago
4 0

Answer:

The answer is D: $19,386.97

Explanation:

You might be interested in
Joshua Gnaizda received an envelope in the mail from Time, Inc. The front of the envelope contained two see-through windows part
andreev551 [17]

Answer and Explanation:

There is no contract between Time's and Joshua, because it is not legally binding to each other and it has not been signed by either party. So not a single party is liable for the contract as the contract is unsigned and non-liable

Time has used it as a promotional means only for promoting magazine subscriptions.

Therefore, a case can not be built on letter-based basis.

7 0
3 years ago
( By the way, this is a question related to financial accounting.) International Investment Group is looking to invest $95,000 i
matrenka [14]

Answer:

The correct option is;

The company's Financial Books

Explanation:

In order to effectively and clearly let interested parties access pertinent information about a company, financial books are kept which show the companies economic performance and its position related to financing. Information about a company can be located in financial statements including shareholders equity, cash flow statements, income statements and balance sheets.

8 0
3 years ago
Levi's Levees always evaluates projects using the payback method. What is the payback period for the following set of cash flows
Ray Of Light [21]

Answer:

3.14 years

Explanation:

Year              Cash flow                Accumulated cash flows

0                    -$4,900                            -$4,900

1                       $1,150                             -$3,750

2                      $1,350                            -$2,400  

3                     $2,230                                -$170

4                     $1,250                              $1,080

3 years + $170/$1,250 = 3.14

The payback period is 3.14 years, or 3 years, 1 month and 19 days.

7 0
3 years ago
Lincoln electric believes in a highly motivated and highly skilled workforce. they choose to pay their employees based on produc
mafiozo [28]
They use a <span>Straight Piecework Plan </span>as an incentive to their employees.
The Straight Piece-Work System is the simplest  incentive approach in which the rate in keeping with unit of output is fixed, and the income of the employee are computed with the aid of multiplying his total output by rate per unit. We can also define this as the system or plan in which the employers or workers are paid according to the number of units produced during a defined time period at fixed rate.
6 0
3 years ago
Simply selling state-owned assets to private investors is not enough to guarantee economic growth.
Olenka [21]
The answer is true because consumers wouldn't have the same success in this economy and it needs growth and change in order for it to maintain stability
7 0
3 years ago
Other questions:
  • Carroll Corporation has two products, Q and P. During June, the company's net operating income was $25,000, and the common fixed
    6·1 answer
  • Justin is in charge of the central region, with several dozen stores reporting to him. Last year, he analyzed sales data for dem
    8·1 answer
  • JumpIn Products is a market leader in playground equipment, which is typically large, bulky, and very heavy. In order to compete
    15·1 answer
  • Louis is a student at Texas A&amp;M who just secured a summer internship working for the marketing department of Southwest Airli
    10·2 answers
  • In evaluating companies across industries, financial managers will often read the _____ as a means of interpreting the statement
    10·1 answer
  • Loan x has a principal of $10,000x and a yearly simple interest rate of 4%. Loan y has a principal of $10,000y and a yearly simp
    10·1 answer
  • In network marketing sales people earn money from their own sales and from what?
    9·2 answers
  • Thad works for a small company as its marketing director. The company is creating a new product to introduce to the market for s
    5·1 answer
  • Carl wants to buy a video game console. He has identified two important attributes to compare: price and game
    15·1 answer
  • Suppose foreigners find U.S. goods and services more desirable for some reason other than a change in the exchange rate. Which p
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!