Answer:
She should stay open, because the revenue of from dog grooming ($30 per dog), is still high enough to cover her variable cost of $20 per dog, even though she is operating at a loss.
Explanation:
Profit = Revenue - Total costs
Total costs = Fixed costs + variable costs
Profit = $30 - $35 = -$5 per dog
This shows she is operating at a loss of $5 per dog.
If a company does not make enough revenue to cover its total costs, then it is operating at a loss.
However such a company must consider its variable cost before deciding whether to shut down.
A company should only shut down if it is unable to make enough revenue to cover its variable cost.
If a company is operating at a loss but can at least cover its variable cost, then it should stay open at least in the short run.
You can create a budget plan to cut out the risks of any unneeded financial expenses and to know that you should pay for things you need before you pay for unneeded items.
Answer:
Selecting
Explanation:
The answer has been added into the question in this paragraph. It is in bold letters. Opportunity recognition is the process of identifying, <u>selecting</u>, and developing new venture opportunities.
when we talk about opportunity recognition we are talking about the ability to perceive new ideas, opportunities for a business or venture. as well as also being on the lookout for ways to improve. a person could just come up with new money making venture, or he could come up with ways to improve an existing venture.
Answer: 62.5%
Explanation:
Equivalent units = Units completed and transferred out + percentage completed of ending inventory
14,800 = (1,100 + 14,000 - 800) + Percentage
14,800 = 14,300 + Percentage amount completed
Percentage amount completed = 14,800 - 14,300
Percentage amount completed = 500 units
Percentage = Ending equivalent units / ending inventory
= (500/800) * 100
= 62.5%
Answer:
<em>Value $ 256,250</em>
<em>rounding against nearest 1,000 dollar: 256,000</em>
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Explanation:
From the gross income we subtract the expenses and vanacy losses.
40,000 gross income - 3,500 vacancy - 16,000 operating expense
20,500 net
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Now, we solve for the present value of a perpetuity given the capitalziation rate of 8%
$ 20,500 / 0.08 = <em>$ 256,250</em>
