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maks197457 [2]
3 years ago
12

An accounting professor is considering opening his own consulting firm. To do so, she will have to quit her current job, that pa

ys $125,000 a year, and take over a building that she owns and currently rents to her friend for $15,000 a year. Additionally, she will have to withdraw $50,000 from her savings, that pays 5 percent per year. Her expenses at the firm have been estimated as follows: $80,000 for employee salaries, $6,000 for insurance, $5,000 for utilities, and $9,000 for supplies. She anticipates annual revenues of $250,000. Determine:
Business
1 answer:
qwelly [4]3 years ago
8 0

Answer:

The answer is "$100,000"

Explanation:

Please find the complete question in the attached file.

Given value:

\text{Employees salary}= \$ 80,000\\\\\text{Insurance}= \$ 6,000\\\\\text{Utility cost}=\$ 5,000\\\\\text{Supplies}= \$ 9,000

\text{Annual Explicit costs}= ?

Formula:

\text{Annual Explicit costs}= \bold{\text{Employees salary}+ \text{Insurance}+ \text{Utility cost}+ \text{Supplies}}

                                   = \$ 80,000 + \$ 6,000 + \$ 5,000 + \$ 9,000\\\\= \$ 80,000 + \$ 20,000\\\\= \$ 100,000

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Answer:

<h2>Business environment.</h2>

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Business environment refers to several factors as clients, suppliers, competition, owners, laws, market, even social trends are part of it.

So, they need to improve that relationship because suppliers are transcendental part of business.

8 0
4 years ago
At the end of the year the production manager is taking inventory and finds 600 units of an older model of invisible fencing tha
KatRina [158]

Answer: $12

Explanation:

In selling the obsolete goods, the company will incur Variable Marketing costs and the alternative will be to throw the goods away.

The relevant costs they will incur are therefore the Variable Marketing costs alone.

The lowest amount that a company should accept for a good is the price that equals it's cost so that they may at least Break-Even.

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7 0
3 years ago
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qwelly [4]

Answer:

Sell totally new products or services.

Explanation:

When you visit a Kentucky Fried Chicken restaurant in China, you will find on its menu not only KFC's regular items, but also congee, a rice porridge that can feature pork, pickles, mushrooms, and preserved egg. This is an example of a global product strategy where brands sell totally new products or services. They want to cater the needs and demands of its host country in a more effective way. They want to cater the local taste buds as well. For example, the same mechanism has always been used by Pizza Hut as well. They twisted their global flavors in a more local and customized way. In Asian countries, India and Pakistan, Pizza Hut sells, Behari Pizza, Tikka Pizza, Chicken Achari Pizza, which is not being sold and available fro the European countries.

7 0
3 years ago
On January 2, Chaz transfers cash of $60,000 to a newly formed corporation for 100% of the stock. In its initial year, the corpo
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a. Chaz has a of $5,000 and the corporation has a deduction of $0.

b. Chaz has interest of $1,800 and a note repayment of $3,000 of which $1,800 is taxable to Chaz. The corporation has a deduction of $1,800.

Revenue tax payable covers state, national and local charges The dollar owed is the amount accrued since the last tax form of the corporation. Payroll taxes, property taxes and sales taxes are usually different duties.

3 0
3 years ago
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ludmilkaskok [199]

Answer:

$48

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Property's been listed in the business and use drops by more than n 50%, we have to use the straight-line method and all prior years' excess depreciation has to be recovered. The asset's been recapture within the five (5) years and the half-year convention will to be applied.

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6 0
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