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2 years ago

Which of the following is an common factor of failure for small businesses

Business

1 answer:

Alex777 [14]2 years ago

6 0

A few of the following can be considered major factors in failure of small businesses:

-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.

-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure

-no investment in marketing and research can also be a reason.

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Tcecarenko [31]

Answer:

B. Leary's total stockholders' equity decreased $115,000.

Explanation:

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2 years ago

Which are costs of a college education? Check all that apply.

Korolek [52]

Answer:

Tuition

Books and fees

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2 years ago

Todd Johnson had the following items of income and losses during the tax year:

Zina [86]

Answer:

b. $700

Explanation:

Todd's capital gains = -$1,000 (bad debt) - $2,000 (gain on commodities held for 2 years) - $800 (loss on stock held for 2 years) - $4,500 (flood damage) + $5,000 (gain on stocks held for 13 months) = $700

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2 years ago

Read 2 more answers

A company’s manager estimates that in the upcoming year, increasing advertising costs by $25,000 will cause sales revenue to inc

Vinvika [58]

Answer:

Loss of $4,000 in overall net income

Explanation:

Contribution margin is the net of the sale price and variable cost. Contribution margin ratio is the ratio of contribution to sales.

According to given data

Sales = $60,000

Contribution Margin = $60,000 x 35% = $21,000

Net Income = Contribution margin - Fixed costs = $21,000 - $25,000 = -$4,000

Advertisement Expense is a fixed cost.

There will be a loss of $4,000 added to overall net income.

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2 because it makes the most sense !

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