A business plan.
A business plan is a comprehensive tool to plan out aspects of your idea so that you have a smart strategy when you decide to make it a reality.
Answer:
Federal Trade Commission
Explanation:
The Federal Trade Commission was established in 1941 by the Federal trade commissions Act. Its mandate is the enforce laws that prohibit anti-competitive business activities and protect consumers from deceptive and unfair trade practices. The commission seeks to have better customer decisions by promoting consumer awareness on fair business competitive processes.
FTC also seeks to protect consumers from misleading or false business advertisements. It investigates consumer complaints and prosecutes traders believed to have broken the law.
Answer:
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
Explanation:
Giving the following information:
Honda Motor Company is considering offering an $1800 rebate on its minivan
New price $30200
Old price $28400.
The marketing group estimates that this rebate will increase sales over the next year from 42000 to 53900 vehicles.
Honda's profit margin with the rebate is $5650 per vehicle.
Normal price:
Income= (5650+1800)*42000= $312,900,000
New price:
Income= 5650* 53900= $304,535,000
Taking into consideration only the income, the increase in unit sales will not increase the income of Honda. It can impact in other ways, like a decrease in inventory.
Answer:
a.
2021 = $50,000
2022 = $45,000
b.
2021 = $275,000
2022 = $0
Explanation:
a. Sum-of-the-years'-digits.
Sum of digits for the 10 years will be :
Year 1 = 10
Year 2 = 9
Year 3 = 8
Year 4 = 7
Year 5 = 6
Year 6 = 5
Year 7 = 4
Year 8 = 3
Year 9 = 2
Year 10 = 1
Sum of Digits = 55
therefore,
2021 depreciation = 10/55 x ($295,000 - $20,000)
= $50,000
2022 depreciation = 9/55 x ($295,000 - $20,000)
= $45,000
b. One hundred fifty percent declining balance.
2021 depreciation = 150% x ($295,000 - $20,000)
= $412,500
<em>Can not be charged above book value of $275,000</em>
2022 depreciation = 150% x ($295,000 - $20,000- $412,500)
= $0
Answer:
Planning
Explanation:
Project planning refers to all you do to set up a successful project. It's the process you're going through to set the steps needed to define your project goals, clarify the scope of what needs to be done and develop the task list to do that.
