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yarga [219]
2 years ago
15

. Ben and Alison have decided to turn their large farmhouse into a bed-and-breakfast business. One of the benefits they're likel

y to enjoy is A. high ratings by national organizations. B. relaxing days at home. C. keeping their day jobs. D. a profit margin of 15–20 percent.
Business
2 answers:
olchik [2.2K]2 years ago
5 0
Hey there!

Once someone makes the commitment to start their own business, they're likely going to spend more time on the business than any job they currently have. So, option C is out. The commitment will also require a lot of Ben and Alison and many of their days (and nights) will be spent working on their business, meaning that B is also out. Also, success or good reviews are never guaranteed to people who start businesses, meaning that A is out, as well. 

That leaves D, which makes sense, since they will not have to go through an employer that takes fees and taxes out of pay before giving them their paycheck. Besides required income taxes, they will earn all profits. 

Hope this helped you out! :-)
daser333 [38]2 years ago
3 0

The answer is D. a profit margin of 15–20 percent.

took the pf test and got 100%

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Businesses often spend significantly more money on creating customer access for their products/service than they spend on advert
Ksivusya [100]

Answer:

The correct answer is:

True (A)

Explanation:

Customer access strategy is a framework or a set of standards, guidelines and processes, which defines the means by which a customer and the organization can interact, and  means by which the customer has access to:

  • the relevant information needed to make purchases
  • the right logistics for the execution of a purchase

The arear of access are mainly information (value of the product, price of products, how products work) and logistics (means of getting the products, customer service on the after-purchase needs etc).

It has been studied extensively that companies are spending 3 to 4 times as much money on creating customer access than they do on advertising, this is because even if advertising is successful, the results will not be seen if customer access is not successful, and having an efficient customer access strategy can provide a competitive advantage to the producers.

5 0
3 years ago
Kate Payne was reading the business plan for New Venture Fitness Drinks, and noticed that prior to its financial statements, New
Y_Kistochka [10]

Answer: Financial Notes and Supplementary Schedules

Explanation:

The Financial Notes and Supplementary Schedules is also known as footnotes.

The notes discloses-

a. Assumptions used in the preparation of the financial statements.

b. Discloses accounting policies used in the preparation of the financial statements.

c. Financial instruments been used by the business.

d. Legal matters.

I hope this answers your questions.

Goodluck

8 0
3 years ago
Two ways in which can adapt to the challenges of the business environment
Alchen [17]
<h3>Two ways in which can adapt to the challenges of the business environment</h3>
  1. Recognize the Size of the Change
  2. Be open to new and different ideas

Today's business concerns are more pressing than ever before. Businesses are competing on a much greater scale as a result of technical advancements and globalization. And, in light of the current economic and health crises, business owners confront an even greater challenge: prospering, not just surviving. Here are four strategies to explore in order to assist your company adjust amid difficult times.

<h3>1. Recognize the Size of the Change</h3>
  • To most seasoned company and executive leaders, the word 'adapting' may sound cliché. Adaptability, on the other hand, in the context of business simply means being open to new ideas and methods. Accept that the world is changing at a quick speed, and that in order for businesses to thrive, they must adapt their strategy to meet the demands of the moment.
<h3>2. Be open to new and different ideas.</h3>
  • In order to be competitive, a business owner needs understand a few things. The first step is to think about what other options you have. Consider your backup plans and procedures in case the market situation changes unexpectedly. A business owner must constantly be prepared for any kind of tweaks and changes that their company may experience, and have a contingency plan in place that can be implemented promptly.

8 0
2 years ago
Bruce Corporation makes four products in a single facility. These products have the following unit product costs: Products A B C
Vitek1552 [10]

Answer:

Bruce Corporation

Minutes of Grinding Machine Time required to satisfy demand for all four products:

Total Grinding Machine Time

Product A  = 4.10 minutes * 4,300 demand units = 17,630 minutes

Product B  = 5.60 minutes * 4,300 demand units = 24,080 minutes

Product C  = 4.60 minutes * 3,300 demand units = 15,180 minutes

Product D  = 3.70 minutes * 2,300 demand units = 8,500 minutes

Total = 65,400 minutes

Explanation:

The total minutes of Grinding Machine Time required to satisfy monthly demand for each product is calculated by multiplying the units demanded by the grinding minutes per unit.

This gives total minutes required for each product.  Then, when they are summed, the total Grinding Machine Time is obtained.

This total can be compared to the total available minutes per month of 53,900 to obtain the additional minutes required above the minutes available in order to satisfy the products' demands.

8 0
2 years ago
Sales revenue for a sporting goods store amounted to $528,000 for the current period. All sales are on account and are subject t
weqwewe [10]

Answer:

The answer is A. A debit to Accounts Receivable for $ 586,080

Explanation:

Sales tax is an additional amount of money one pays based on a percentage of the selling price of goods and services that are purchased.

The sales tax amount will be added to sales revenue to form the total bill.

Sales revenue ----------------- $528,00

Sales tax -------------------------- 11%

Sales tax amount

$528,00 x 0.11

= $58,080

Therefore, total bill is:

$528,00 + $58,080

=$586,080.

Debit increases an asset(accounts receivable) while credit decreases an asset(accounts receivable).

Since the accounts receivable will increase, it will be on debit side.

8 0
3 years ago
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