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3 years ago

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Business

1 answer:

beks73 [17]3 years ago

4 0

Answer:

Business Financial Record

The financial records of a business is a representation of where the money the business earns comes from and where the money is being directed as well as the current status of the money earned, (source, U.S. Securities and Exchange Commission website) Financial records includes; General accounting books, Banking records, debtor's records, creditor's records, expenses records, tax records, grant details, contract records, list of assets, employee payments, cashbook records, and stock records (Source Australian Charities and Not-for profits commission website)

How it relates to entrepreneurship

An entrepreneur, venturing into a business, where capital investments are and resources are put, revenue is collected, stocks are sold, and factors of production such as equipment are purchased, can best maintain the financial health of the business by keeping an accurate and up to date financial record, such that the cash flows are efficiently manage to obtain the right prices and interest rates from suppliers and lenders respectively (Gateway to Commercial Finance website)

Your opinion of how the business will do in the next few months based on its financial records

A business that consistently makes profits and incurs a fixed expenses is expected to grow, while a business that has limited revenue is expected to embark on novel approaches

Explanation:

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The basic purpose of measuring cash flow is to estimate how much a. net cash a company has during a given period. ... The executive team at Midas Muffler and Brake decides to publish a statement of its available cash that subtracts from thecash, the planned investments in new shops and new technology.

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4 years ago

A monopolist is maximizing profit at an output rate of 1,000 units per month. At this output rate, the price that its customers

anygoal [31]

Answer:

B) $6 per unit, and the monopolist earns economic profits of $3,000 per month

Explanation:

The monopolistic market maximize their profit at the point on which marginal cost = marginal revenue.

If this is the maximizing profit point, and marginal cost is 6, then marginal revenue will be $6

The profit will be the difference between total revenue and total cost:

consumers pay up to 8 per units and the output is 1,000 units

8 x 1,000 = 8,000 total revenue

Then, average cost is $5 so we multiply this by the unit output to calculate the total cost.

5 x 1,000 = 5,000 total cost

last step, revenue - total cost

8,000 - 5,000 = 3,000

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4 years ago

The Hendersons have just bought a home that requires some monthly yard maintenance. They are trying to decide if they should hir

max2010maxim [7]

Answer: 10 months

Explanation:

It would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

Here is how;

Doing it themselves would cost -

$250 - For a lawnmower

$135 - For an edger

$69 - For a hedge trimmer

$25 - For a rake

Summing these up gives $479

It would cost the Hendersons $479 to purchase equipments to carry out their monthly yard maintenance themselves.

On the other hand, if they were to hire a professional service, it would cost

• $75 for the first month and

• $45 for subsequent months

So, $45 * 9months = $405

$405 + $75 (for the initial month) = $480

Comparing the $480 for a professional to the $479 it would cost to purchase equipment and do it themselves, it would take the Hendersons 10months to recover their cost if they decide to do it themselves over the professional service.

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3 years ago

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Answer:

C. Negative; Positive

Explanation:

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4 years ago

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The answer is Europe and Australia.

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3 years ago

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