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3 years ago

How much should be in the reserve for fixed expenses?

Business

1 answer:

olchik [2.2K]3 years ago

8 0

Answer:

The short answer is that your cash reserve should be sufficient for you to feel comfortable running your business. Some experts recommend having three months of expenses. Others recommend six months. I would suggest speaking to your CPA or financial adviser to determine the right number for your business.

Explanation:

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In a furniture store, a window display shows how colorful lamps and pillows

Zanzabum

Answer:C

Explanation: Provide a link to show how brighten a room is

3 0

3 years ago

Which of the following items would MOST likely be enforced by the forced sale of a property?

Murrr4er [49]

A property is a belong of any person. The items would most likely be enforced by the forced sale of a property is judgment.

<h3>How are judgments been enforced? </h3>

In terms of wages, a judgment creditor uses authorization from the court in a document. Due to this authorization, the judgment creditor directs the police to seize a portion of your wages. The police, in turn, notifies the person involved.

This is the same when it comes to property. A judgement by a court often stands in the sales of any property.

Learn more about Property from

brainly.com/question/26136315

4 0

2 years ago

Cool Beans is a locally owned coffeeshop that competes with two large coffee chains, PlanetEuro and Frothies. Alicia, the owner,

erma4kov [3.2K]

Answer:

0.9717 per unit sold (approx)

Explanation:

Here, we are assuming 52 weeks in a year.

Contribution margin:

= (Sales revenue - variable cost) ÷ sales revenue

= [(3.52 × 10 + 3.52 × 0.18 × 540 × 52) - (3.52 × 0.26 × 551)] ÷ (3.52 × 10 + 3.52 × 0.18 × 540 × 52)

= [(35.2 + 17,791) - (504)] ÷ (35.2 + 17,791)

= [17,826.2 - 504] ÷ 17,826.2

= 17,322.2 ÷ 17,826.2

= $0.9717 per unit sold (approx)

5 0

2 years ago

The price of a large pizza decreased from $18.00 to $14.00. As a result, the quantity demanded of skateboards increased from 330

natta225 [31]

Answer:

a. The percentage change in pizza prices is -25.00%.

b. The percentage change in pizza prices is 5.88%.

c. The cross elasticity of demand for pizza and skateboards is -23.53%.

We follow these steps to arrive at the answer.

<h3>a. Percentage change in price of pizza</h3>

The percentage change in price of pizza using the midpoint formula is:

$percentage change in price = ({\frac{P_{2} - P_{1}}{Average price})*100$

$Average Price = \frac{P_{2} + P_{1}}{2}$

In this question, P₁ is $18 and P₂ is $14

Substituting the values in the formula above we get,

$Average Price = \frac{14 + 18}{2}$

$Average Price = \frac{32}{2}$

$Average Price = 16$

$percentage change in price = (\frac{14 - 18}{16})* 100$

$percentage change in price = (\frac{-4}{16}) * 100$

$percentage change in price = -25$ %

<h3>b. Percentage change in quantity demanded of skateboards</h3>

The percentage change in quantity of skateboards using the midpoint formula is:

$percentage change in quantity = (\frac{Q_{2} - Q_{1}}{Average Quantity})*100$

In this question, Q₁ is 330 and Q₂ is 350

Substituting the values in the formula above we get,

$Average quantity = \frac{Q_{2} + Q_{1}}{2}$

$Average quantity = \frac{350 + 330}{2}$

$Average quantity = 340$

$percentage change in quantity = (\frac{350 - 330}{340})*100$

$percentage change in quantity = (\frac{20}{340})*100$

$percentage change in quantity = 5.8823529$ %

<h3>c. Cross Elasticity of demand of skateboards and pizza</h3>

We calculate the cross elasticity of demand as follows:

$Cross Elasticity Demand = \frac{percentage change in quantity of skateboards}{percentage change in price of pizza}$

$Cross Elasticity Demand = \frac{0.058823529}{-0.25}$

$Cross Elasticity Demand = -0.235294118$

$Cross Elasticity Demand = -23.53$ %

7 0

3 years ago

__________ are a type of limited-function wholesaler that owns products they sell, but do not actually handle, stock, or deliver

bagirrra123 [75]

Answer:

Option C (Drop-shippers) is the correct choice.

Explanation:

Drop shipping would be a technique of retail fulfillment where a store does not maintain the items in stock that it advertises or sell. Instead, whenever a store offering its products that used the drop shipping framework, it buys goods from either a third party and it may have delivered the product straightforwardly.
The products are owned by Drop shippers but they have never handled or executed them.

Some other alternatives given weren’t linked to the scenario in question. So, the alternative above is the right one.

6 0

3 years ago