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2 years ago

8

Create an ‘elevator speech’ (two to three sentences) an entrepreneur who purchases an established business could use to encourag

e customers to continue to patronize the business.

1 answer:

Troyanec [42]2 years ago

3 0

Answer:

Y'all shoul buy from us! We have great deals and offers! we even have door prizes!

Explanation:

You might be interested in

Which of the following are assumed to remain unchanged along a given short run aggregate supply curve?

sergejj [24]

I had to look for the options and here is my answer:

Given the short run aggregate supply curve, the ones that are believed to stay unchanged along it would be the i<span>nstitutions, such as patent laws and tax systems, that make up the "rules of the game" and the resource prices. (These answers are based on the actual options with this question.)</span>

5 0

3 years ago

se the following information to determine the break-even point in units (rounded to the nearest whole unit): Unit sales 60,000 U

Marat540 [252]

Answer:

30,154 units

Explanation:

In this question we use the formula of break-even point in unit sales which is shown below:

= (Fixed expenses) ÷ (Contribution margin per unit)

where,

Contribution margin per unit = Selling price per unit - Variable expense per unit

= $15 - $8.5

= $6.5

And, fixed cost is $196,000

Now put these values to the above formula

So, the value would equal to

= ($196,000) ÷ ($6.5)

= 30,154 units

5 0

3 years ago

Dynamo Corporation manufactures toasters. Each toaster comes with a 5-year assurance-type warranty. The toasters sell for $50 ea

Leno4ka [110]

Answer:

1.Dr Cash 25,000

Cr Sales revenue 25,000

2. Dr Warranty expense 2,500

Cr Warranty liability 2,500

3.Journal entry for actual warranty expense

Dr Warranty liability 500

Cr Cash 500

Explanation:

Preparation of Dynamo's journal entries related to the sales and warranty in Year 1.

1.Dr Cash 25,000

Cr Sales revenue 25,000

(50*500)

2. Dr Warranty expense 2,500

Cr Warranty liability 2,500

3. Dr Warranty liability 500

Cr Cash 500

7 0

3 years ago

You can buy a car that is advertised for $24,600 on the following terms: (a) pay $24,600 and receive a $4,600 rebate from the ma

Vadim26 [7]

Answer:

A. $20,000

B. $17,234.18

C.Option (b)

Explanation:

Obviously, the option with lower Present Value would be the best option to buy the car. The Present Value of the options can find out as following

REQUIREMENT A

Price of car = $24,600

Rebate = $4,600

Present value of the payments for option = Price of the car – rebate

Present value of the payments for option (a) = $24,600 - $4,600

Present value of the payments for option = $20,000

REQUIREMENT B

We can use the following Present Value of an Annuity formula to calculate the present value of the payments

PV of the payments for option = PMT * [1-(1+i) ^-n)]/i

PV of the payments for option (b) (PV) =?

Monthly payment PMT =$410 per month

Number of payments n = 5 years *12 months = 60

Monthly interest rate i=1.25% per month or 0.0125

PV of the payments for option = $410 x [1- (1+0.0125) ^-60]/0.0125

PV of the payments for option = $17,234.18

REQUIREMENT C.

Which is the better deal?

Option (b) is better deal as the present value of payments ($17,234.18) is less than Present value of the payments for option (a); $20,000.

3 0

3 years ago

Troy has $50 a month transferred electronically from his checking account to his savings account. This is an example of:

kupik [55]

Answer:

Saving plan

Explanation:

The saving plan are the life insurance plans that offers the various opportunity to an individual in order save and accumulated the fund for the upcoming future

Since Troy has $50 a month and the same is transferred electronically from his checking account to his saving account so automatically he saves each month

Therefore the same represent the saving plan

7 0

3 years ago