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Jet001 [13]
3 years ago
12

Meredith wants to start her own small business. All of the following are things she needs to do to start a business EXCEPT:

Business
1 answer:
joja [24]3 years ago
4 0

Answer:

The correct answer is letter "A": hire employees to work for the business.

Explanation:

While starting a small business, individuals should take care of all the operations to <em>reduce the expenses of hiring employees</em>. This is the way <em>sole proprietorships</em> tend to work at least at the beginning until the business starts growing and the operations require more labor hand to cover the demand for work.

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Using scenarios to help recognize outcomes and plan better falls under the critical thinking idea of
Yuki888 [10]
The answer for this qeustion is: Thinking in time
By using scenarios, we can formulate several outcomes that could possibly happen if we decided to follow a certain plan. 
If we do this, we could prepare our actions on how to deal with those outcomes before it actually happens in real life.
8 0
3 years ago
The regular selling price of a computer desk is $329.99. The markdown rate is 40%. What is the sale price? $197.99
krok68 [10]
A. $197.99

First you subtract 40% from 329.99

So,

329.99-40%=

40% of 329.99 is $131.99

329.99-131.99= 197.99
4 0
3 years ago
A vice president of operations wants to evaluate the impact of reducing manufacturing expenses on the firm's return on assets. W
frosja888 [35]

Available Options Are:

a. Cost of Goods Sold

b. Net Profit Margin

c. None of these

d. Asset Turnover

Answer:

Option B. Net Profit Margin

Explanation:

The increase or decrease in cost of Goods sold can not tell whether the return on assets has increased or decreased becuase it would only tell that the expense are decreased or increased not the profit. Which means it only tells one side of the story hence Option A is incorrect.

Option B is correct because it talks about the profit. If the manufacturing cost has been decreased then the it must increase the profit. Because if the profits has increased then the return on asset will increase. Hence the Option B is correct here.

Option D is incorrect because asset turnover formula is:

Asset Turnover = Sales / Total Assets

The decrease in manufacturing cost will not increase the sales because sales and total assets are independent of manufacturing expenses hence the Option D is incorrect.

3 0
3 years ago
Malcolm's parents wanted him to be part of the family business—and malcolm planned to do so. then, at age 17, he decided to leav
Shtirlitz [24]
<span>He resisted identity foreclosure. In this part of self-discovery of a person's identity, the individual, usually in their late teenage years, has simply taken on the roles of their parents or friends without actually exploring other roles and identities. By going through an identity moratorium whereby they begin to question and explore their identities, only then can the individual have an identity achievement that is truly theirs.</span>
3 0
3 years ago
On December 31, 2020, McDaniel Company had $1,200,000 of short-term debt in the form of notes payable due February 2, 2021. On J
o-na [289]

Answer and Explanation:

The preparation is presented below:

<u>                                                  McDaniel Company </u>

<u>                                                  Partial balance sheet</u>

Particulars                                      Amount

Current liabilities

Note payable                                 $250,000

Long term debt

Note payable refinance                $950,000

Total liabilities                                $1,200,000

We simply added the long term debt and the current liabilities so that the total liabilities could come

8 0
3 years ago
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