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3 years ago

The use of planning techniques is an example of

Business

1 answer:

dezoksy [38]3 years ago

7 0

Answer:

whats this a part of anyway

it help with essays & missions thats all i know

Explanation:

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Nan presents her plan for a slip-on shoe that is water repellent, inexpensive, and highly fashionable. She believes that the mar

Mazyrski [523]

Answer:

c. the exaggerated hockey stick

Explanation:

Based on the information provided within the question it can be said that the business plan error that Nan is incurring is the exaggerated hockey stick. In the context a business, "a hockey stick" explains a startups growth as a linear steady growth at launch until it hits a certain tipping point and has a growth explosion. It seems though, that in this scenario Nan is exaggerating the initial growth aspect of the startup as saying that they can capture 40% of the market, which is an extremely high value.

5 0

3 years ago

On December 31, Patterson Company had the following list of account balances.

ElenaW [278]

Answer:

Patterson Company

Balance sheet as at December 31

Fixed Assets:

Equipment $50,800

Less: Accumulated Depreciation, Equipment $10,700

Buildings $119,000

Less: Accumulated Depreciation, Buildings $63,900

Total Fixed Assets $95,200

Current Assets:

Accounts Receivable $44,000

Prepaid Rent $14,700

Cash $39,900

Supplies $10,800

Total current Assets $109,400

Current Liabilities:

Accounts Payable $42,300

Salaries Payable $8,900

Total current liabilities $51,200

Total Net Assets = $153,400

Shareholders Equity:

Capital Stock $57,000

Retained earnings $96,400

Shareholders equity $153,400

Income statement.

Service Revenue 121,600

Supplies Expense 9,000

Gross Profit 112,600

Less expenses:

Depreciation Expense, Equipment 4,600

Depreciation Expense, Buildings 8,300

Rent Expense 11,000

Salaries Expense 6,100

Net income $82,600

Dividends $17,300

Transfer to retain earnings $65,300

Beginning Retained Earnings 31,100

Closing retained earnings $96,400

5 0

3 years ago

The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed

lesya692 [45]

Answer: $30,600

Explanation:

First calculate the earnings for the year.

Revenue is given. Expenses are also given and come out of revenue. Dividends also come out of revenue as well.

Retained Earnings for the year is therefore,

Retained Earnings for the year = Revenue - Expenses - Dividends

= 62,000 - 44,900 - 2,300

Retained Earnings for the year = $14,800

This figure should be added to the retained earnings of the previous period to find the total balance.

= 14,800 + 15,800

= $30,600

$30,600 is the closing Balance on Retained Earnings after closing entries.

8 0

3 years ago

How can you estimate the total sales volume you can expect in your location?

kirill115 [55]

How can you estimate the total sales volume you can expect in your location? You can forecast your sales by figuring out your market. Depending on your market you can estimate how mant people are likely to purchase your product and how often. By using market trends and product testing it allows for a forecast of total sales over time and can let a business know how much to produce so that they are meeting demand.

4 0

3 years ago

Assume that the fair values of the investee's net assets approximated the recorded book values of the investee's net assets, exc

Andrew [12]

Answer:

I could not find the exact details related to this question so here is a similar question to guide you.

Goodwill = Acquisition Price - Net book value (Investee)

= 75,000 - ( Assets - Liabilities)

= 75,000 - ( 90,000 - 40,000)

= $25,000

Identifiable noncurrent assets is overstated by $10,000 however. This will have to be adjusted for tax and then removed from Goodwill to find the Net goodwill that should be reported in the investor's consolidated balance sheet prepared immediately after this business combination.

= 10,000 ( 1 - 40%)

= $6,000

Net Goodwill = 25,000 - 6,000

8 0

3 years ago