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3 years ago

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.

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Williams Manufacturing uses scrap metal to produce various tools, such as drill bits, hammer heads, saw blades, and nails. The C

telo118 [61]

Answer:

3 times per year

Explanation:

ROI = Profit/Sales * Sales/Asset

30% = 1,050,000/10500000 * Asset Turnover

30% = 10% * Asset Turnover

Asset Turnover = 30%/10%

Asset Turnover = 3 times per year

7 0

3 years ago

All of the following statements are true of the soup industry EXCEPT: Select one: a. There is high growth in "convenience" soup

Nookie1986 [14]

Answer:

the false statement and the correct answer is c. There is little innovation in the category.

Explanation:

As one of the highest growing sectors in fast moving consumer products sector, there is alot of innovation in the soup industry. specialy, the ready-made soup are now increasing.

moreover, in terms of flavors, tastes and the convenience, there is alot of innovations going on. to make it faster to make and takes less time to prepare the soup.

Also, the packaging and marketing strategies and innovations are changing as well.

8 0

3 years ago

Suppose sales increase by 20 percent next month. Calculate the effect that increase will have on her profit. (Round your interme

Lilit [14]

Answer:

26.50%

Explanation:

Note: The full question is attached below

Contribution margin = Sales - Variable expenses

Contribution margin = $31 - $15

Contribution margin = $16

Current Proposed

Contribution margin $6,080 $7,296

($16*380) (6080*$1.2)

Fixed Cost ($1,490) ($1,490)

Net operating income $4,590 $5,806

Increase in profit = ($5,806 - $4,590) / $4,590

Increase in profit = 0.2649237

Increase in profit = 26.50%

7 0

3 years ago

You bought a stock three years ago and paid $45 per share. You collected a $2 dividend per share each year you held the stock an

kakasveta [241]

Answer:

5.84%

Explanation:

We use the RATE function that is shown in the excel. Kindly find the attachment below:

The NPER shows the time period.

Given that,

Present value = $45

Future value or Face value = $47

PMT = $2

NPER = 3

The formula is shown below:

= Rate(NPER,PMT,-PV,FV,type)

So, the annual compound rate of return is 5.84%

5 0

3 years ago

York Casting Services started the year with total assets of $110,000 and total liabilities of $50,000. The revenues and the expe

Wittaler [7]

Answer:

Net income: $

Revenue 140,000

Expenses (50,000)

Dividend paid (70,000)

Net income 20,000

Net income is the amount of increase in stockholders' equity.

Explanation:

Net income is the excess of revenue over expenses and dividend. A positive net income increases the stockholders' equity. Common stockholders are legal owners of a company, thus, any income not distributed as dividend increases their equity.

6 0

3 years ago