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4 years ago

SCENARIO 2: You started a small business, but realised there was no demand for your product

Business

1 answer:

kifflom [539]4 years ago

3 0

Answer:

You started a small business, but realised there was no demand for your product , What can you learn from this? What will you do differently next time?

A feasibility study must be conducted before embarking on any business, the need of the consumer must be known before products are being produced. Next time, once the feasibility study is done it would enable not to be in that situation

Explanation:

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Minette Company reported net income of $200,000 for the year ended December 31, 2022. During the year, inventories decreased by

musickatia [10]

Answer:

b. $210000.

Explanation:

Calculation for Net cash provided by operating activities in 2022

Using this formula

Net cash=Net income+Inventories- Account payable+ Depreciation expense -Gain on disposal

Let plug in the formula

Net cash=$200,000 + $40,000 − $60,000 + $45,000 −$15,000

Net cash = $210,000

Therefore the Net cash provided by operating activities in 2022 will be $210,000

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3 years ago

If a country's saving rate increases, then in the long run a. productivity and real GDP per person are both higher. b. productiv

labwork [276]

Answer:

A) productivity and real GDP per person are both higher.

Explanation:

In the long run, an increase in savings will increase total investment. If total investment increases, then the productive capacity (productivity) and the aggregate supply should also increase. An increase in investment is the best way to guarantee a sustainable increase in aggregate demand without increasing the inflation rate.

When productivity increases, the real GDP per capita also increases.

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3 years ago

MCQ: An advantage of 'forced distribution method' is

bogdanovich [222]

Answer:

A. avoids central tendency and biases

Explanation:

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3 years ago

Tindell believes that if the ___________ are happy, they will take better care of the __________________, and wonderfully and ir

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Answer:

The correct answer is letter "B": employee; customer; shareholders.

Explanation:

Kip Tindell, Chairman & CEO of The Container Store during an interview for Forbes (2014), stated that <em>a company's culture should focus on employee satisfaction since it is likely to be reflected in optimal customer service. When both, workers and clients are happy, shareholders will be happy, too</em>.

During the interview, Tindell explained that The Container Store's approach consists of giving employees better wages and training so they can keep motivated and treat consumers better which will make them return over and over again to the business. This is translated into higher profits for the company for the shareholder's satisfaction.

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4 years ago

Holly would like to plan for her daughter's college education. She would like for her daughter, who was born today, to attend co

dusya [7]

Answer:

Holly saved $3,362.76 at the end of each year.

Explanation:

Solution

Given that:

We solve for the computation of Tuition Fees given as:

First Year tuition fees will be $13,000 with inflation at 7% for 18 years.

That is, $13,000 * (1.07)^18 = $13,000 * 3.38 = $43,940

Now,

For the remaining three years we have the following given below:

College Year 1= $43,940

College Year 2 = $47,015.80, $43,940 * 1.07

College Year 3 = $50,306.91, $47,015.80 * 1.07

College Year 4 = $53,828.39, $50,306.91 * 1.07

Thus,

The Present Value of the college fees at the beginning of college at 10% is given as follows:

Year PVF at 10% College Fees Present Value

1 0.91 $43,940.00 $39,985.40

2 0.83 $47,015.80 $39,023.11

3 0.75 $50,306.91 $37,730.18

4 0.68 $53,828.39 $36,603.31

TOTAL : $153,342.00

Thus,

Holly should have accumulated $153,342 till beginning of her daughter's college.

Let us recall the accumulation factor for annual annuity is given as:

(1 + .10)^18 - 1/. 10

=45.60

Therefore, the Annual Investment should be $153,342 / 45.60

= $3,362.76

6 0

3 years ago