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photoshop1234 [79]
4 years ago
13

What's it called when you spend more than you have?

Business
1 answer:
MrMuchimi4 years ago
8 0
Hi there!

When you spend more than you have, you're in debt, or, in other words, bankrupt. 

When you're in this stage of financial status, it's important to be sure that what you're further spending is vital to your needs, and you must also be sure that you can pay the debt off later (or else consequences will arrive). 

Hope this helps!
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Heather is seeking to start a business. she is seeking to be in control of all aspects of the business. what is a potential risk
faltersainse [42]
Heather would be liable for all costs and damages.
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4 years ago
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Marcy owns the company Caps for Kids and sells her hand-knitted caps for $20 each. The variable cost per cap created is $10, and
iragen [17]
At breakeven point, the cost is equal to the revenue. This also means that the net profit is equal to zero. If we let x be the number of units sold or produced, the total costs and revenue are calculated as follows:

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Equation both,
                10x + 10,000 = 20x
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3 0
3 years ago
Sommer, Inc., is considering a project that will result in initial aftertax cash savings of $2.3 million at the end of the first
Anuta_ua [19.1K]

Answer:

the maximum initial cost is 25.62674095 million

Explanation:

The computation of the maximum initial cost of the company is shown below:

But before that the discount rate is

= 0.6 ÷ 1.6 × 4.6% + 1 ÷ 1.6 × 10% + 3%

= 10.9750%

Now Maximum initial cost is

=2.3 ÷ (10.975% - 2%)

= 25.62674095 million

Hence, the maximum initial cost is 25.62674095 million

6 0
3 years ago
For its year ended December 31, 2018, Cupressa Corporation, an S corporation, had net income of $216,000 which included $180,000
EleoNora [17]

Answer:

b.$20,000 ordinary income and $4,000 net long-term capital gain .

Explanation:

For 2018, each shareholder should report:

180,000/9 = 20,000

36,000/9 = 4,000

b.$20,000 ordinary income and $4,000 net long-term capital gain

6 0
3 years ago
The first known application of marketing research to a business marketing/advertising problem was conducted by:
ehidna [41]

Answer:

An advertising agency.

Explanation:

  • N. W. Ayer & Son was a Philadelphia advertising agency that was formed in 1869 and was the first advertising agency that created various notable slogans and founded by the Francis W.A, and they worked in groups knows as the creative teams.
7 0
3 years ago
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