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3 years ago

12

Why feasibility analysis is important before starting a new business venture?state the role feasibility analysis with in entrepr

eneurial success.

1 answer:

Lelu [443]3 years ago

4 0

I am a right outside linebacker blitzing off the edge

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An income statement for Sam's Bookstore for the first quarter of the year is presented below:

Paladinen [302]

Answer:

The contribution margin for Sam's Bookstore for the first quarter is $163,000.

Explanation:

The contribution margin is the sales minus total variable cost. This can be calculated as follows:

Units of books sold = Sales / Selling price per book = $900,000 / $60 = 15,000

Variable selling expenses = Units of books sold * Variable selling expenses per book = 15,000 * $5 = $75,000

Variable administrative expenses = Sales * 3% = $900,000 * 3% = $27,000

Total variable cost = Cost of goods sold + Variable selling expenses + Variable administrative expenses = $635,000 + $75,000 + $27,000 = $737,000

Contribution margin = Sales - Total variable cost = $900,000 - $737,000 = $163,000

Therefore, the contribution margin for Sam's Bookstore for the first quarter is $163,000.

5 0

3 years ago

If there are any DBZ fans on here...

katrin2010 [14]

Answer: If you would like to use either, feel free, as long as you give me credit & a link back! ... "I want it to be springtime~! But it's filled with fighting~! Just once I'd like to ... Tenshinhan and Chiaotzu looked up as well, ignoring the resentful look on Frieza's face. ... Vegeta'll be here in a little bit, so how 'bout we talk

Explanation:

6 0

3 years ago

From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve

kakasveta [241]

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be $x$

No. of scheduled work hours $=$ $80$

So,

Total money earned for the month $=$ $80$ × $x$

$= 80x$

As we know,

Money left = Total money earned - expenses

$= 80x$ - $$600$ ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

$80x - 600 = 1500$

Now, solving for $x$

$80x - 600 = 1500$

$+600 = + 600$

_______________

$80x = 2100$

$x = 2100/80$

∵ $x = 26.25$

Thus, the required sales are $ $26.25$ per hour or ( $26.25$ × $80$ = $2100) for the month of September.

Learn more about 'savings' here:

brainly.com/question/18051939

4 0

3 years ago

Qiang is a project manager at Enigma Industries and is able to borrow specialists from the organization on a regular basis to as

Alenkasestr [34]

Answer:

matrix organizational structure

Explanation:

When a company works under a matrix organizational structure, specialists from different parts of the organization are brought together on a temporary basis to work on specific projects. It is common for employees to report to both a functional manager (traditional manager) and a product manager (project manager).

3 0

4 years ago

You are considering the purchase of an office building for $1.5 million today. Your expectations include the following: first-ye

ddd [48]

Answer:

$289000

Explanation:

Effective Gross Income (EGI): Effective Gross Income is calculated by deducting the Vacancy and collection (V&C) loss from Gross Potential Income (GPI).

First year gross potential income (PGI) is $340,000

Vacancy and collection (V&C) loss is 15% of gross potential income

Therefore, (V&C) allowance = [$340,000 15%]

= $51,000

Calculate Effective Gross Income (EGI) for the first year of operations:

Item

Amount

Potential gross income (PGI)

$340,000

Less: V&C allowance (at 15% of PGI)

($51,000)

Effective Gross Income ( EGI )

$289,000

Hence the EGI is $289,000

7 0

4 years ago