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
denis23 [38]
3 years ago
10

Which of these statements about a business plan is true?

Business
2 answers:
Dimas [21]3 years ago
7 0
I think its D. hope this helps
Anika [276]3 years ago
7 0

Answer:  

The correct answer would be option C, A business plan is a business's road map for the future.  

Explanation:  

A business plan is basically a written document, in which the goals of the company are written down. The methods to achieve those goals are also written down and the time to achieve the goals are specified. Goals with timelines and deadline are written. This helps a business in setting up a road map to move towards the set goals of the company. Established businesses always create and follow business plans as business plans guarantee a business's success.

You might be interested in
Carmel Company has a frequent buyer program for its customers, where the customers can attain an "elite" level based on the numb
lisov135 [29]

Answer:

a.Titanium = $2,890,500

Platinum = $5,185,000

b. Platinum is more profitable

Explanation:

The computation of given question is shown below:

For Titanium

Total gross margin = 5,000 × $1,590

= $7,950,000

Salaries and bonus of Customer representative = ($68,000 × 5,000 ÷ 200) + (1% × $7,950,000)

= $1,700,000 + $79,500

= $1,779,500

b.

Promotion cost = $2,850,000 × 80%

= $2,280,000

Excess of gross margin over customer costs = Total gross margin - Salaries and bonus of Customer representative - Promotion cost

= $7,950,000 - $1,779,500 - $2,280,000

= $2,890,500

For Platinum

Total Gross margin = 20,000 × $ 325

= $6,500,000

Salaries and bonus of Customer representative = ($68,000 × 20,000 ÷ 2,000) + (1% × $6,500,000 )

= $680,000 + $65,000

= $745,000

Cost of promotion = $2,850,000 × 20%

= $570,000

Since, 80% is allocated for promotion expenses of titanium so we assume 20% for Platinum

Excess of gross margin over customer costs = Total Gross margin - Salaries and bonus of Customer representative - Cost of promotion

= $6,500,000  - $745,000 - $570,000

= $5,185,000

B. Since, Platinum is higher than Titanium. So, Platinum is more profitable.  

4 0
3 years ago
Suppose the current price of a good is $130. At this price, the quantity supplied is 125 units, and the quantity demanded is 165
Natali5045456 [20]

Answer:

Equilibrium quantity: 145

Equilibrium price: $140

Explanation:

In order to find the answer, first we determine the current difference between quantity supplied and quantity demanded.

Quantity supplied - quantity demanded = difference

125 - 165 = -40

So we have a shortage of -40 units.

We have the information that a $1 increase in price increases supply by 2, and decreases demand by 2. Thus, in order to close the shortage, we need a $10 price increase, because this will raise supply by 20 units, and lower demand by 20 units as well, bringing the 40 gap to 0.

For this reason, the equilibrium quantity is 145 units, and the equilibrium price is $140.

5 0
2 years ago
Kaspar Industries expects credit sales for January, February, and March to be $205,100, $263,100, and $314,500, respectively. It
SVETLANKA909090 [29]

Answer:

January $153,825

February $248,600

March $301,650

Explanation:

Computation for cash collections from customers for each month:

January February March

January: ($205,100 x 75%=$153,825) ($205,100 x 25%=$51,275) $0

February: $0 ($263,100 x 75%= $197,325) ($263,100 x 25%=$65,775)

March: $0 $0 ($314,500 x 75%=$235,875)

TOTAL $153,825 $248,600 $301,650

Therefore cash collections from customers for each month is :

January $153,825

February $248,600

March $301,650

7 0
3 years ago
Ichiro is injured in a two-car accident and sues Heather, the driver of the other vehicle, alleging negligence. Heather claims t
maks197457 [2]

Answer:

d. even if Ichiro was only slightly at fault.

Explanation:

If Ichiro is suing Heather for negligence, but he himself is found to have negiglent as well, his possibilities of winning the case are less even if he was only slightly at fault.

This is because the fact that he was negligent as well reduces his condition of victim, and makes him an active participant in the accident. In other words, if Ichiro is found negligent, it means that the accident and his subsequent injuries were also his fault.

5 0
3 years ago
Read 2 more answers
Reginald owns a grocery and his clerks are on strike. Reginald is trying to operate the store with the help of his manager, but
Nata [24]

Answer:

merge law and equity

Explanation:

In resolving labour related or welfare issues the best way to do so will be to hear the grievances of the striking workers and try to find an equitable solution to the situation.

However if all reasonable avenues have been pursued and they still don't want to comply, then legal measures can be taken to make them work.

In this scenario Reginald should call the striking workers and try to come to an equitable solution for the business and workers where there will be a win-win.

If this does not work he can use the law to compel them to comply.

7 0
3 years ago
Other questions:
  • A team consists of employees from the same department who meet for a few hours each week to discuss ways of improving the work e
    5·1 answer
  • Wendy worked as a salesperson and had the highest total dollar value of sales for all salespersons in her company in the first q
    10·1 answer
  • Which of the following is not a human resources management function?
    14·1 answer
  • Shawnee Motors Inc. assembles and sells MP3 players. The company began operations on August 1 and operated at 100% of capacity d
    5·1 answer
  • At the end of the accounting period on December 31, 2022, Rose Industries records wages payable of $42,500. For the same account
    12·1 answer
  • https://dojopdf.s3-external-1.amazonaws.com/648188929767d193da308cab1b01c024/pdf_api/2019_parent_invitation-5fd2577f548e493f3e59
    12·1 answer
  • When the Midwest flight attendants first looked at the terms of their contract and asked if they were being treated unfairly, th
    14·1 answer
  • Coca-Cola costs the consumer about the same as Pepsi, Dr Pepper, and other soft drinks. The soft drink industry generally follow
    12·1 answer
  • a sophisticated blank test might involve manipulating an advertising variable like schedule or copy through cable systems, and o
    11·1 answer
  • Paying by check helps a business to control cash when the ______. (select all that apply.)
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!