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Kazeer [188]
3 years ago
12

if you are going to create or own a business, what would it be? List at least 3 and cite your reasons why you have listed them.​

Business
1 answer:
kodGreya [7K]3 years ago
8 0

Answer:

If I were to create a business, and had to choose three alternatives of commercial sectors in which to get involved, I would choose the following:

-Renewable energies, given that given the eventual disappearance of fossil fuels and the rise of electric cars, renewable energies will become the main source of power in the medium-term future.

-Mining of cryptocurrencies, inasmuch as these currencies have been classified as the money of the future, and the exponential growth they have had since their inception has been remarkable.

-Retail of essential consumer goods, such as food, as it is a necessary industry and whose consumption, despite the ups and downs of the economy, never declines.

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Delaney Company is considering replacing equipment that originally cost $600,000 and that has $420,000 accumulated depreciation
Annette [7]

Answer:

$180,000

Explanation:

A sunk cost refers to the cost that is incurred by the businesses but this cost cannot be recovered by the businesses.

Here, given that

Cost of equipment = $600,000

Accumulated depreciation = $420,000

Cost of new machine = $790,000

In this situation, the sunk cost is determined by subtracting the cost that are related to previous year from the cost of the equipment.

Sunk cost =  Cost of equipment - Accumulated depreciation

                 = $600,000 - $420,000

                 = $180,000

3 0
3 years ago
A company has two different products that are sold in different markets. Financial data are as​ follows: Product A Product B Tot
svet-max [94.6K]

Answer:

Effect on income= $400 increase

Explanation:

Giving the following information:

Product A Product B Total

Revenue $ 9,400

Variable cost ​(9,800​)

Fixed cost​ (allocated) ​(2,100​)

Operating income​ (loss) $(2,500​)

Effect on income= operating income - fixed costs

Effect on income= -2,500 + 2,500= 400 increase

3 0
4 years ago
Von told the sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is c
Elanso [62]

The sales rep he wasn't buying his product because it cost too much. in terms of the personal selling process this is called a reservation.

The sale force and sell the products and services by using meeting the consumer face – to – face. The salesmen aim to tell and encourage the consumer to buy, or at the least attempt the product.

.

Non-public selling is the handiest marketing communication device as it permits salespeople to adapt their presentation to every capability or modern-day customer.

They use their understanding of the customer's shopping for methods to choose powerful sales techniques. approach or income presentation, therefore. considering its miles an interactive form of promoting, it enables construct accept as true by the consumer.

Learn more about personal selling here:brainly.com/question/7304387

#SPJ1

6 0
2 years ago
The business environment consists of several factors that affect a business's ability to be successful and operate profitably. C
MatroZZZ [7]

There are different kinds of business. The  business environmental force is technological.

<h3>What is business environment?</h3>

Business environment is known to be the overall totals of all the factors that is said to be external to a business firm and that often influence their activities.

It is said to ranges from factors and forces such as customers, competitors, suppliers, government, technological  and others

Learn more about business environment from

brainly.com/question/17961245

4 0
3 years ago
The accounting equation can be stated as
Alexxx [7]

Answer:

a

Explanation:

a

4 0
4 years ago
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