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2 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]2 years ago

6 0

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

vekshin12 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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Inc. reported the following information about the production and sale of its only product during the first month of operations:

Effectus [21]

Answer:

Cost of Goods Sold = $ 400,000

Explanation:

Units Sold = $360,000/ $225= 1600

Sales $360,000

Direct materials $176,000

Direct labor $100,000

Variable factory overhead $44,000

Fixed factory overhead $80,000

Total Manufacturing Costs $ 400,000

Variable selling and administrative expenses $20,000

Fixed selling and administrative expenses $10,000

Cost of Goods Sold = $ 400,000

As ending Inventory Finished Goods is 400 units it is not included in the Cost of Goods Sold.

3 0

3 years ago

Shareholders of public companies need to appoint a board of directors to represent their interests because:_____.

Svetllana [295]

Shareholders of public companies need to appoint a board of directors to represent their interests because of the separation of ownership and control.

Today's board members are supposed to reflect a variety of independent viewpoints. Strategic monitoring and planning are the major responsibilities of a board of directors. Even though these phrases are frequently used, it's crucial to remember that these tasks constitute the foundation of effective company planning.

A board of directors serves much more than just as the organization's public face. When selecting new board members to fill open positions, boards often seek for specific traits. Board members anticipate that their other directors will be open to challenging and in-depth questioning that seek to examine all sides of an issue. Board members must be thoroughly informed about any significant issues that have an impact on the company. Because risks are multiplying and getting more complicated, identifying risks has become an essential component of the board job.

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4 0

2 years ago

What distinguishes the money market from the capital market?.

AleksAgata [21]

Answer:

Money markets are used for short-term lending or borrowing usually the assets are held for one year or less whereas, Capital Markets are used for long-term securities they have a direct or indirect impact on the capital. Capital markets include the equity market and the debt market.

Explanation:

5 0

2 years ago

Citizens file income tax is to a sure that they will receive ?

anastassius [24]

Answer:

Down below

Explanation:

Citizens file income taxes to ensure that they will receive a if they paid too much in taxes throughout the year. Employers supply a to help citizens file their tax returns.

5 0

3 years ago

Mike and Karen were divorced. Their only marital property was a personal residence with a fair market value of $1.5 million and

Soloha48 [4]

Answer:

Mike's recognized gain from the transfer of the house to him is:

$175,000

Explanation:

a) Data and Calculations:

Marital property = $1,500,000

Cost of property = $575,000

Residual value = $925,000

Alimony to Karen = $750,000 ($150,000 * 5)

Balance (Mike's) = $175,000

$175,000 represents the excess of the fair market value of the marital property after deducting the cost of property and the alimony paid to Karen. A gain of $175,000 is recognized by Mike after the property sale.

7 0

3 years ago