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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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In fiscal 2016, Microsoft Corp. reported a statutory tax rate of 35% and an effective tax rate of approximately 15%. The 2016 in
almond37 [142]

Answer:

B. $19,687 mil

Explanation:

The statutory tax rate is the percentage imposed by law; the effective tax rate is the percentage of income actually paid by an individual or a company after taking into account tax breaks (including loopholes, deductions, exemptions, credits, and preferential rates).

Now, in our question, statutory tax rate is 35%, but effective tax rate is 15%. This implies, with the help of tax breaks or loopholes, company managed to pay only 15% of its income as taxes.

This 15% of income = $2,953 mil

Hence, pretax income = 2,953/15% = $19,686.67 mil = $19,687 mil

8 0
3 years ago
The purpose of cascading the balanced scorecard throughout the organization is: _____________
frez [133]

Answer:

b. To ensure strict hierarchical control of the organization.

6 0
2 years ago
Trini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 9,800
Kobotan [32]

Answer:

Total overhead= $137,210

Explanation:

<u>First, we need to deduct the depreciation expense from the fixed overhead. Depreciation is not a cash cost.</u>

<u></u>

Fixed overhead= 117,440 - 10,610= $106,830

<u>Now, the cash disbursement for total overhead:</u>

Variable overhead= 3.1*9,800= 30,380

Fixed overhead= 106,830

Total overhead= $137,210

5 0
3 years ago
Which of the following statements is correct? a. Monopolistic competition is similar to monopoly because both market structures
Alborosie

Answer:

Letter a is correct. <em>Monopolistic competition is similar to monopoly because both market structures are characterized by firms being price makers rather than price takers.</em>

Explanation:

<u> A monopoly</u> is an economic situation whose main characteristic is imperfect competition, that is, only one company owns a market for a particular good or service and for this reason is able to influence the price of that good or service for its own benefit.

<u>Monopolistic competition</u> resembles monopoly in that it is characterized by business competition for similar but not equal products, so they are also capable of making the price, since similar products sold on the market cannot be considered perfect substitutes.

6 0
3 years ago
Read 2 more answers
An employee has been told that he will be eligible for a large bonus if his current project is a success. He knows that the proj
poizon [28]

Answer:

instrumentality

Explanation:

It is related to Vroom expectancy motivation theory, which assumes that behaviour result from conscious choices among alternatives, it purpose is to maximize pleasure and to minimize pain. Vroom used the variables Expectancy, Instrumentality and Valence in order to set his theory.

Expectancy: Related to the belief that increased effort  means that the performance also increase. For example: if you work harder then you have better results.

Instrumentality: Belief that if a person perform well then he or she would receive  a valued outcome. It sets the degree to which a first level outcome has to lead to a second level outcome. For example: If you do a good job, then it has something for you on it.

Valence: Represents the importance that the individual place has upon expected outcome. For it to be positive, the person should prefer attaining the outcome to not attaining it. For example: If what motivates you is money, then you are not going to value offers such as additional time off.

3 0
3 years ago
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