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3 years ago

Why is it so important for all entrepreneurs to be prepared for changing technology

2 answers:

8 0

Because today's business are wholly dependent on technology for their survival.

This is especially in production, customer service, and marketing.

tino4ka555 [31]3 years ago

7 0

Answer: The correct answer is : Change is important for any company, otherwise the competitive advantage would be lost and the changing needs of customers could not be met. The change in technology tends to increase productivity and also helps to provide a better service. Change represents growth. It is necessary to keep up with the technology so as not to stay behind competitors.

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**ECONOMICS** Which action would most likely limit a person's success in the workplace?

Anna11 [10]

Answer:

Explanation:

if you refuse to tell others the problem then you risk everything

5 0

3 years ago

Read 2 more answers

As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of So

boyakko [2]

Answer:

Soria Company

Clothing Department

Selling Expense Flexible Budget Report for the month ended October 31, 2017: (Joe Batista)

Budget Actual Variance Comment

Sales in units 10,000 10,000 0 Neither

Flexed Variable Expenses:

Sales Commission $2,400 $2,400 0 Neither

Advertising Exp. $1,200 $900 $300 Favorable

Travel Expense $4,000 $4,000 0 Neither

Free Samples $2,300 $1,300 $1,000 Favorable

Total Variable $9,900 $8,600 $1,300 Favorable

Fixed Expenses:

Rent $1,700 $1,700 0 Neither

Sales Salaries $1,100 $1,100 0 Neither

Office Salaries $800 $800 0 Neither

Depreciation $400 $400 0 Neither

Total Fixed $4,000 $4,000 0 Neither

Total Expenses $13,900 $12,600 $1,300 Favorable

Explanation:

a) Budgeted Variable Costs were flexed as follows:

i) Sales Commission = $1,872/7,800 x 10,000 = $2,400

ii) Advertising Expenses = $936/7,800 x 10,000 = $1,200

iii) Travel Expense = $3,120/7,800 x 10,000 = $4,000

iv) Free Samples = $1,794/7,800 x 10,000 = $2,300

b) The fixed costs could not be flexed as they remain invariable no matter the activity level.

c) Flexible budget is a budget that adjusts or flexes with changes in volume or activity. It is a more accurate way of assessing performance because it is based on actual volume or activity level unlike a static budget, which remains unchanged.

3 0

3 years ago

Read 2 more answers

Annual inspections and planned maintenance for automotive lifts have been required in American National Safety Standards since 1

Sunny_sXe [5.5K]

If this helps make me the brainiest please!!

; False

4 0

3 years ago

Read 2 more answers

A company has outstanding 20-year noncallable bonds with a face value of $1000, and 11% annual coupon, and a market price of $1,

Helen [10]

Answer:

8% and 4.8%

Explanation:

In this question, we use the Rate formula which is shown in the spreadsheet.

The NPER represents the time period.

Given that,

Present value = $1,294.54

Future value or Face value = $1,000

PMT = 1,000 × 11% = $110

NPER = 20 years

The formula is shown below:

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

The present value come in negative

So, after solving this,

1. The pretax cost of debt is 8%

2. And, the after tax cost of debt would be

= Pretax cost of debt × ( 1 - tax rate)

= 8% × ( 1 - 0.40)

= 4.8%

6 0

3 years ago

Sparks Fireworks manufactures and sells fireworks. Their raw materials used is $71,500. Their beginning raw materials inventory

algol13

Answer:

The correct answer would be, $70500

Explanation:

Raw Material Turnover means what amount of raw materials is used within a specific period of time. So the raw material turnover would be calculated by adding the beginning inventory with the amount of material used within the period, and then the remaining material will be deducted. So the whole calculations are shown as follows:

Beginning Raw Material Inventory: $5000

Raw Material Used: $71500

Ending Raw Material Inventory: $6000

Raw Material Inventory Turnover:

Beginning Inventory + Raw Material Used - Ending Raw Material

= 5000+71500-6000= $70500

7 0

4 years ago