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Paladinen [302]
2 years ago
6

Differing ____ levels and _______ requirements affect the choice of market entry

Business
1 answer:
Mice21 [21]2 years ago
8 0

Answer:

risk, resource

Explanation:

Difference in risk level and resource requirements affect choice of market entry.

Market entry is affected by risk level, for example if after researching real estate business in a city, an investor finds out that most people build their own homes. Real estate might be a risky business to start as the market for people looking to buy houses will be low.

Also looking at resource requirement, if one wants to set up a micro finance bank, and regulatory requirements dictate a level of capitalisation. If the business does not have funds available it will prevent entry into the market.

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Consider where you currently work, where you have previously worked, or a well-known company where you would like to work. How w
enot [183]

Answer / Explanation:

First, we need to understand what variance analysis is. Variance analysis is the qualitative and quantitative measure of the difference between actual financial value and the budgeted financial value.

This helps us to properly monitor our rate of spending against our profit or loss margin. it also assist in proper fund management.

Now talking about how the company will utilize variance analysis, the company will utilize variance analysis in the aspect of fixed over head spending. In the sense that it will be used to measure manpower productivity against overhead spending. This will help us to proper affirm if the rate of manpower productivity equal fixed overhead spending. In the case where fixed overhead spending is more than man hour productivity ratio, then the company will be running at a loss. This is basically a way of measuring productivity performance of man power and also assets.

6 0
3 years ago
During the year, Belyk Paving Co. had sales of $2,275,000. Cost of goods sold, administrative and selling expenses, and deprecia
ycow [4]

Answer:

a. -$210,000

b. $455,000

Explanation:

a. Company's net income

Sales. 2,275,000

Less:

Cost of goods sold

1,285,000

Administrative and selling expenses

535,000

Depreciation expense

420,000

EBIT

35,000

Less interest

245,000

Taxable income

-$210,000

Taxes 21%

Nil

Net income

-$210,000

b. The operating cash flow for the year

OCF = EBIT + depreciation - taxes

OCF = 35,000 + 420,000 - 0

OCF = $455,000

c. Net income was negative due to the deductibility of interest expense and depreciation.

The actual operating cash flow was positive due to the fact that depreciation is a non cash expense, and also interest is a financing and not an operating expense.

5 0
3 years ago
Flint, Inc. is trying to establish the standard labor cost of a typical oil change. The following data have been collected from
Julli [10]

Answer:

1. 1.875 hours

2. $20.25

3. $37.97

Explanation:

The computation is shown below:

1. For Standard direct labor hours per oil change, it is

= (Actual time spent on the oil change) +  (Setup and downtime + Cleanup and rest periods) × Actual time spent on the oil change  

= 1.25 hours + (22% + 28%) × 1.25 hours

= 1.25 hours + 0.625 hours

= 1.875 hours

2. Standard direct labor hourly rate, it is

= (Hourly wage rate) + (Payroll taxes + Fringe Benefits) × hourly wage rate

= $15 + (10% + 25%) × $15

= $15 + $5.25

= $20.25

3. And, the standard direct labor cost per change is

= Standard direct labor hours per oil change × Standard direct labor hourly rate

= 1.875 hours × $20.25

= $37.97

We simply applied the above formulas for each one part

7 0
3 years ago
In a periodic inventory system, cost of goods sold is not recorded as each sale occurs. Group startsTrue or False
ZanzabumX [31]

In a periodic inventory system, the cost of goods sold is not recorded as each sale that occurs is a true statement.

<h3>Periodic Inventory System</h3>
  • A physical count of the inventory is conducted at predetermined intervals as part of the periodic inventory system, a technique of inventory valuation for financial reporting reasons.
  • In order to calculate the cost of goods sold, this accounting method starts with an inventory at the beginning of the period, adds fresh inventory purchases throughout the period, and subtracts ending inventory.
  • A corporation using the periodic inventory system won't be aware of its unit inventory levels or COGS until the physical count process is finished.
  • For a company with a small number of SKUs operating in a sluggish market, this method might be suitable, but for all other companies, the perpetual inventory system is preferred.  

Hence, the given statement is true.

To learn more about Periodic Inventory System refer to:

brainly.com/question/17326443

#SPJ4


6 0
2 years ago
Name two defferences between basic wants and secondary wants​
Katena32 [7]

Answer:

The answer is below

Explanation:

The difference between basic wants and secondary wants​ lies in how much humans want them in terms of survival.

Therefore, the two of the main differences between Basic wants and Secondary wants are:

1. Basic wants are wants of humans that are meant for survival or cannot do without while secondary wants are not meant for human survival or humans can do without.

2. Without Basic wants such as food, shelter, and oxygen, humans will die off quickly, while humans can easily survive without secondary wants such as entertainment activities.

4 0
2 years ago
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