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iren [92.7K]
3 years ago
8

Before buying an existing business, you need to identify if the business’s problems can be fixed? true or false

Business
2 answers:
Sophie [7]3 years ago
7 0

Before buying an existing business, you need to identify if the business’s problems can be fixed. True.

Before buying an existing business or starting a business in general, there needs to be identification of problems that may arise. When looking into purchasing an existing business, going over how the business has done thus far and any problems it has occured and then overcome, is important. There are issues that can always happen but being as prepared as possible, is crucial.

Alex73 [517]3 years ago
6 0
True, you need to know the risk of buying an established business.
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At the beginning of a year, a company predicts total direct materials costs of $900,000 and total overhead costs of $1,170,000.
ASHA 777 [7]

Answer:

1.30

Explanation:

The cost of production is usually split into direct and indirect cost or overheads. the overheads is usually stated as a function of the direct cost( labour, machine hours, materials etc.)

The predetermined overhead rate

= $1,170,000/$900,000

= 1.3

This means that the company will incur an overhead cost of $1.30 for every $1 spent on direct materials.

6 0
3 years ago
The long-run aggregate supply curve would shift left if the amount of labor available
liq [111]

Answer:

The correct answer is option a.

Explanation:

The long run aggregate supply curve is inelastic and vertical in shape. The reason behind this is that in the long run the output level is not affected by the change in price level. It is rather affected by the quantity of inputs.

A leftward shift in the long run aggregate supply means that the output level is decreasing. This decrease in input in this case is either because of decrease in quantity of labor available,or because of increase in minimum wages the firms are hiring less labor.

So, option a is the correct answer.

8 0
3 years ago
In the context of the skills that good managers should possess, which of the following statements is true of managers with a mot
Svet_ta [14]

Answer:

b

Explanation:

bcoz they want to motivate the employees to

6 0
3 years ago
If businesses are producing at capacity, and the nation is experiencing almost full employment (a very low rate of unemployment
Ivanshal [37]

Answer:

The correct answer to the following question is D) interest rates would be increased  by the government when there is almost full employment in the economy.

Explanation:

When in the economy, business are producing close to productivity and in the nation there is almost full employment , then it can be said that the economy is booming . Which means there is good amount of money supply in the economy and people are spending robustly and that means the demand is high , which ultimately tells that the prices of goods and services are high.

So to cut the prices, government will increase the interest rate which will lead to the increase in cost of borrowing, and that will cause decrease in money supply and demand will ultimately fall, which leads to decrease in prices of goods and services.

3 0
3 years ago
You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on
Anna35 [415]

Answer:

Annual payment= $3,250.77

Explanation:

Giving the following information:

You are thinking of purchasing a home. The house costs $300,000. You have $43,000 in cash that you can use as a down payment on the house, but you need to borrow the rest of the purchase price. The bank is offering a 30-year mortgage that requires annual payments and has an interest rate of 6% per year.

FV= 300,000 - 43,000= $257,000

i=6%

n= 30

Annual payment= ?

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (257,000*0.06)/{[1.06^30]-1}= $3,250.77

3 0
4 years ago
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