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4 years ago

(will mark brainlyst)

Business

1 answer:

lesya692 [45]4 years ago

7 0

Answer:

1. I could jump start an independent bookstore in the metropolitan that I live in right now. The only bookstore around me is 12 miles away at the mall, and I ponder a good place to put a bookstore is the little city focus with restaurants and other small commerce who sell clothes.

2. I will use stock funds also known as equity funding

Get loan from the bank

3. Funding using debt allows you to keep all ownership of the company and equity funding gives control to someone else and puts a price on the company which isn’t good if just a small start up

4. Equipment: $10,000 to $125,000.

Incorporation Fees: Under $300.

Office Space: $100 to $1,000 per employee per month.

5. Our company will use cash basis. As it is easier to do a business with cash inflows rather than accrual basis where you have to wait till the payment is made.

6. Double entry bookkeeping is better for larger businesses, ones with more transactions, or anyone who wants to keep track of more details. In double entry bookkeeping, TWO entries are made for each transaction: a debit in one account and a credit in another. For example, to pay a $200 bill to a utility the Cash Account would be debited $200 and the utility account would be credited the $200.

7. Competition risk - there could be another business that draws customers away from your company.

Economic risk- if the economy is doing poorly, it could increase costs or reduce sales

Reputation - if someone posts a bad review online, how will that effect your sales?

Legal/Compliance issues- you have to comply with industry regulations and laws, and there is great risk to you and the business if you break these rules

Resources risk - if you rely on a specific material to run your business and that material isn't available you could be in trouble (ex. if the orange crop is wiped out by a hurricane, orange juice makers could be in trouble)

Explanation

Your Welcome

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An economy initially has 200 units of physical capital per worker. Each year, it increases the amount of physical capital by 10%

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Answer:

266,2 units of capital per worker

Explanation:

The capital growth as stated is compound growth. Since technology and human capital are constant, there is not expected changed in productivity factors relationship, so the formula for compound growth, in this case, is: capital per worker in 3 years' time = capital per worker * (1+ annual rate growth) ^ 3. Computing numbers would be: capital per worker in 3 years' time = 200*(1+10)^3= 266,2

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3 years ago

Select items that affect incentives for people to produce and exchange goods and services.

Finger [1]

The items that affect incentives for people to produce and exchange goods and services are:

liability rules
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These factors will hinder the exchange of goods and services to people.

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3 years ago

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A machine costing $132,000 was destroyed when it caught fire. At the date of the fire, the accumulated depreciation on the machi

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Answer:

Gain on disposal of $78,000

Explanation:

The computation of the disposition of the machine is shown below:e

= accumulated depreciation + insurance received based on the replacement cost of the machine - Destroyed cost of the machine

= $60,000 + $150,000 - $132,000

= $78,000

Since the machine was replaced so accumulated depreciation should be included and the destroyed cost of the machine should be deducted.

The $78,000 record gain disposal of the machine

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4 years ago

The Vermont Teddy Bear Company sells handmade Teddy bears designed to be given as gifts for almost every occasion imaginable. Fo

soldi70 [24.7K]

Answer:

product line

Explanation:

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4 years ago

Big Box Store has operated with a 30% average gross profit ratio for a number of years. It had $100,000 in sales during the seco

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Answer:

c) $20,000.

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The computation of the estimated ending inventory is shown below:

We know that

Cost of goods sold = Beginning inventory + purchase made - ending inventory

And, the

Sales - gross profit = Cost of goods sold

$100,000 - $100,000 × 30% = Cost of goods sold

So, cost of goods sold would be

= $100,000 - $30,000

= $70,000

Now the ending inventory would be

$70,000 = $18,000 + $72,000 - ending inventory

$70,000 = $90,000 - ending inventory

So, the ending inventory would be

= $90,000 - $70,000

= $20,000

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3 years ago