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3 years ago

Guys please suggest a new business service or product. Remember, it's new and does not exist. Thanks

Business

2 answers:

GuDViN [60]3 years ago

6 0

Product: A type of machine that feeds me cereal and then takes the dishes away.

vekshin13 years ago

5 0

A new product could be something like a track on a table for special occations where you have a really long table and things need to be passed back and forth. you put the plate or dish on the track and press the button for it to be slowly moved down the table and stop it whenever it gets to the next person who whats it. This prevents hot and heavy plates having to be passed infront of people of over people etc.

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Billing inc., has net income of $161000, a profit margin of 7.6 percent, and an accounts recievable balance of $127100. Assume t

xz_007 [3.2K]

Answer:

Days' sales in receivables = 33.2 days

Explanation:

<em>Days sales receivables is the average length of time it takes a business to collect the amount owing in respect of credit sales transaction. The shorter the days, the better.</em>

Receivable days = Average receivables /Credit sales × 365 days

Net Income = Profit margin × Sales

Let "y" represent total sales

161,000 = 7.6% × y

y = 161,000/7.6%= 2,118,421.053

Credit sales = 66%× total sales

= 66%×2,118,421.053 = 1,398,158

Days' sales in receivables = 127100/ 1,398,158 × 365 days =33.18 days

Days' sales in receivables = 33.2 days

5 0

3 years ago

If a market is in equilibrium is it necessarily true that all potential buyers and sellers are satisfied with the market price?

pav-90 [236]

Answer:

The correct answer is "no"

Explanation:

A market equilibrium occurs in those markets where consumer demand is equal to the amount offered by companies. But they don't necessarily have to be satisfied with the market price.

For example, if a product of basic need is in high demand, the price can be raised a lot which may not result in a fair price for the customer.

On the contrary, a low price on products puts potential competitors out of the market since many times due to production costs they cannot match these prices.

5 0

3 years ago

Professionals in the Broadcasting and Journalism pathway are responsible for which of the following?

Varvara68 [4.7K]

Professionals in the Broadcasting and journalisms pathway are responsible for which of the following Designing and construction aesthetically pleasing work.

3 0

3 years ago

Read 2 more answers

Which of the following accurately explain the importance of the ceteris paribus assumption for an economic model? Check all that

ladessa [460]

Answer:

The correct answer is: It allows economists to isolate or focus attention on selected variables.

Explanation:

The word ceteris paribus means other things being constant. The working of an economy is very complex, each variable is affected by a number of variables. It is difficult to understand all the complex relationships at the same time.

The assumption of ceteris paribus or other factors being constant helps the economists in isolating the variables that they want to study while keeping others constant.

It simplifies the study of economic models and helps to easily grasp the working of the economy.

5 0

3 years ago

Many places of business will not take a check, but will take a credit card. True or False

luda_lava [24]

<span>True, because if they take a check, they may be cheated because the check has an expiration date, and the credit card does not

</span>

7 0

3 years ago