Answer:
<u>monthly flexible budget for each $11,100 increment </u>
Sales $11,100
Less Sales Commissions ( $11,100 × 6%) ($666)
Net Sales $10,434
advertising ( $11,100 × 5%) ($555)
traveling ( $11,100 × 4%) ($444)
delivery ( $11,100 × 2%) ($222)
Net Income $9,213
Explanation:
Consider Only the incremental costs and revenues.Fixed costs are not relevant for the $11,100 increment
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Existing business with a proven record. When you ask for investments, the lending institution will most definitely ask for your financial track record. They would want to know if you are a good paymaster because they will need the assurance that you can pay them back. Even if you have a really original idea and want to start a new business, there will still be some reservation if you have no track record because the lenders do not know if you are trustworthy or not. Unlike if you already have a proven record that you are a good paymaster, then you at least have proof that you can pay back.
Answer: If you think the concepts of supply and demand are just relevant for macro economists, you’re probably missing a few ways to improve your small business. Understanding the importance of supply and demand in business terms will help you better plan your pricing, production and marketing.
Explanation: Put in your own words so that they dont see this answer because my teachers check the internet for plagiarism.
Your godmother put $2,000 in a trust fund for you. In 10 years the fund will be worth $5,000. 9.60% is the rate of return on the trust fund.
FV = Future Value
PV = Present Value
r = rate of interest
n= no of period
FV/ PV = (1 + r )^n
5000/2000 = (1 + r%)^10
2.5 = (1 + r%)^10
r = 9.60%.
The rate of return is the net profit or loss of an investment over a period of time, expressed as a percentage of the original cost of the investment. 1 When calculating the rate of return, find the percentage change from the beginning of the period to the end of the period.
Learn more about the rate of return at
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Answer:
$530,672
Explanation:
Base on the scenario been described in the question, we can use the following method to compute the avoidable interest on this project
Use the attached file below to find the solution to given problem .
