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anyanavicka [17]
2 years ago
15

What are some business plan questions

Business
1 answer:
inysia [295]2 years ago
3 0

What business are you in? The question sounds easy enough. ...

How will the business make money? ...

What does your business need to get off the ground? ...

What is the operating budget? ...

Who are your customers? ...

How will you reach your customers? ...

What sets you apart from the competition? ...

What are your strengths and weaknesses?

What business are we in? ...

What is the vision and mission of the company? ...

Who is our customer? ...

What does our customer value? ...

What is our target market? ...

What products and services do we provide? ...

What is our sales and marketing strategy?

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Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor
Damm [24]

Answer:

Labor productivity in units per labor hour for Deluxe car = 0.19 per hour

Labor productivity in units per labor hour for Limited car = 0.24 per hour

Labor productivity in dollar of output per dollar of labor expense for Deluxe car = $98.75

Labor productivity in dollar of output per dollar of labor expense for Limited car = $128.69

Explanation:

Note: This question is not complete and its data are merged together. The complete question with the sorted data is therefore provided before answering the question as follows:

Two types of cars (Deluxe and Limited) were produced by a car manufacturer last year. Quantities sold, price per unit, and labor hours are given below.

                                QUANTITY                     $/UNIT

Deluxe car            3,655 units sold            $7,700/car

Limited car           5,850 units sold            $9,200/car

Labor, Deluxe        19,000 hours                 $15/hour

Labor, Limited       24,600 hours                 $17/hour

What is the labor productivity for each car? Provide two sets of figures: units per labor hour, and dollar of output per dollar of labor expense. (Round your answers to 2 decimal places.)

The explanation of the answers is now provided as follows:

For each type of car, the following formulae can be used:

Labor productivity in units per labor hour = Units sold / Labor hours ……. (1)

Labor productivity in dollar of output per dollar of labor expense = (Units sold * Price per car) / (Labor hours / Labor rate per hour) ……………. (2)

Using equation (1), we have:

Labor productivity in units per labor hour for Deluxe car = 3,655 / 19,000 = 0.19 per hour

Labor productivity in units per labor hour for Limited car = 5,850 / 24,600 = 0.24 per hour

Using equation (2), we have:

Labor productivity in dollar of output per dollar of labor expense for Deluxe car = (3,655 * $7,700) / (19,000 * $15) = $98.75

Labor productivity in dollar of output per dollar of labor expense for Limited car = (5,850 * $9,200) / (24,600 * $17) = $128.69

These can be translated into a table as follows:

                                     Labor Productivity  

                               Units/hour         Dollars

Deluxe Car              0.19/hour           $98.75

Limited Car             0.24/hour         $128.69

5 0
3 years ago
If short-run equilibrium output equals 10,000, the income-expenditure multiplier equals 10, and potential output (Y*) equals 9,0
lyudmila [28]

Answer: Option (b) is correct.

Explanation:

Given that,

short-run equilibrium output = 10,000

income-expenditure multiplier = 10

potential output (Y*) = 9,000

Expenditure multiplier = \frac{1}{1-slope\ of AE function}

10 = \frac{1}{1-slope\ of AE function}

Slope of AE function = 0.9

slope of AE =  MPC (1-t)  t =0,

MPC = 0.9

Delta Y (DY) = 1000

government expenditure multiplier ⇒ \frac{1}{1 - MPC} = 10

Delta G = \frac{DY}{government\ expenditure\ multiplier}

             = \frac{1,000}{10}

             = 100

Government purchases must be Decrease by 100.

4 0
3 years ago
Which one of the following statements is true?
Alecsey [184]

Answer:

b. A manufacturing company will normally have raw materials, work in process, and finished goods as inventory account classifications.

Explanation:

A manufacturing unit will generally follow, three step completion of goods while manufacturing, as in primary state the company requires raw material for processing it and making it finished good.

After that the goods are processed and as all goods require some further time to process, some goods remain in between some stage called, work in process, where some processing is done, and some is left.

The last stage is to become a finished good, once the goods are completed, it is called finished goods and then goods are aimed to be sold.

Therefore, correct statement is statement B.

6 0
3 years ago
Glade Company leases computer equipment to customers under direct financing leases. The equipment has no residual value at the e
Dennis_Churaev [7]

Answer:

$51,588.70

Explanation:

The computation of the total amount of interest revenue is shown below:-

Annual lease payments = Fair value of Equipment ÷ PV factor of $1 annuity due

= $323,400 ÷ (1 + (1 - (1.08)^-4) ÷ 0.08)

= $323,400 ÷ 4.31213

= $74,997.74

Now,

Total interest revenue = Gross lease payments receivable - Fair value

= $74,997.74 × 5 - $323,400

= $374,988.70 - $323,400

= $51,588.70

5 0
3 years ago
What two benefits do you receive from owning stock?
Helga [31]
A benefit is that it. gives you control over your finance.
8 0
3 years ago
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