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Semmy [17]
3 years ago
5

How to choose business name​

Business
1 answer:
spayn [35]3 years ago
8 0

Answer:

Come up with something catchy. Think of other business names and ask yourself "what makes those names famous?"

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Ray Bond sells handcrafted yard decorations at county fairs. The variable cost to make these is $20 each, and he sells them for
Rama09 [41]

Answer:

5 units

Explanation:

Breakeven point is the point or number of units sold that makes the cost equal with the revenue generated. In other words, it is the point in which the profit or loss made by an entity is 0.

Given;

Variable cost per unit = $20

Selling price per unit = $50

Fixed cost =  cost of rent = $150

Let the number of units to be sold be c

Total revenue = 50c

total cost = 20c + 150

To break even, total revenue =  total cost

20c + 150 = 50c

50c - 20c = 150

30c = 150

c = 5

Ray must sell 5 units to break even.

5 0
2 years ago
A group of computers that are interconnected in order to share information or documents is called a
Mashutka [201]
A group of such computers - which get interconnected in order to share information or documents are usually called a computer network.
This is a common type of networking when working in large companies or businesses.
5 0
3 years ago
James employs an apprentice in his guitar store who gets firsthand knowledge of craftsmanship and the process involved in becomi
MrRa [10]

Answer: Having lower opportunity costs.

Explanation: Opportunity cost can be defined as the cost of next best alternative foregone. In this case, James is saving his money by taking work of a professional from a new recruit also he gets the opportunity to procure high quality materials which he was earlier not able to. Thus, he is saving a major portion of income because of a less costly alternative available.

3 0
3 years ago
A company has employed two workers A and B whose productivities are 20units and 15units respectively. The wage for A is k12 whil
Leni [432]

Answer:

no

Explanation:

In order to achieve optimal employment level, the ratio of productivity between employees must be equal to the ratio between their wages, e.g. an employee who is 25% more productive, should earn 25% more.

In this case, the productive ratio is 15:20 or 3:4, while the wage ratio is 8:12 or 2:3. Since the wage ratio is lower than the productivity ratio (2:3 < 3:4), the two employees are not optimally employed.

3 0
3 years ago
Ms. BK is a self-employed architect who earns $205,000 annual taxable income. For the past several years, her tax rate on this i
scoray [572]

Answer:

a.- 20,500 less tax collected

b.- 1,750 less tax collected

c.- 26,750 less tax collected

Explanation:

<u>under a static forecast:</u>

205,000 x (0.35-0.25) = 205,000 x 0.1 = 20,500

The government will collect 20,500 less dollars from Ms BK's

<u>under a flexible forecast:</u>

205,000 x 35% - 280,000 x 25% = 71,750 - 70,000 = 1,750

It will loss tax revenue for $1,750

205,000 x 35% - 180,000 x 25% = 71,750 - 45,000 = 26,750

3 0
3 years ago
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