3 years ago

When you want to start a business, what is the first step

Business

2 answers:

Sholpan [36]3 years ago

6 0

You have to figure out your plan , what type of business you want

Leokris [45]3 years ago

6 0

Figure out what you want to do

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Fiesta28 [93]

Answer:

Another term for liability is debt, because both of these terms are accountable for money charges and assist needed :3

Explanation:

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Many firms in the United States file for bankruptcy every year, yet they still continue operating. Why would they do this instea

vladimir1956 [14]

Answer:

see below

Explanation:

A firm may either opt to shutdown or declare bankruptcy if its making losses. A shutdown will involve ceasing operations and disposing of assets to pay creditors. Declaring bankruptcy shields the business from debt obligations or seizing of assets by its creditors.

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3 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

nydimaria [60]

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

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Sales - gross profit = Cost of goods sold

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

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Now the ending inventory would be

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3 years ago