All categories

3 years ago

True or False? Starting a new business means you have to reinvent the wheel. True False

Business

2 answers:

kotegsom [21]3 years ago

8 0

Answer:

True

A good business should have something unique in other to stand out and attract customers

a_sh-v [17]3 years ago

6 0

Answer:

I feel it's true, we need to reinvent the wheel

You might be interested in

The difference between the income

astraxan [27]

Answer:

Select one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

Explanation:

Select one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. SubsidySelect one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

= Net Factor Income from AbroSelect one:

a. Net Factor Income from Abroad

b. Capital consumption allowances

c. Depreciation

d. Subsidy

= Net Factor Income from Abro

5 0

3 years ago

Softie, Inc. produces facial tissues. The company's contribution margin ratio is 77%. Fixed expenses are $240,400. To achieve a

sladkih [1.3K]

To achieve a target profit of $930,000, Softies' sales must be $1,520,000.

<h3>What is target profit?</h3>

Target profit is the amount of profit that a company's managers anticipate achieving by the conclusion of a specific accounting period.
Typically, the target profit is established from the budgeting process and is compared to the actual result in the income statement.
If they chose to earn a 20% margin on each sale, they will make a $50 profit on each chair sold.
As a result, if the corporation wishes to make $50 per chair and sell the chair for $200, the chair must be manufactured for $150 or less.

To find the target profit of Softie, Inc.:

Sales = ($240,400 + $930,000) ÷ 0.77
= $1,520,000

Therefore, to achieve a target profit of $930,000, Softies' sales must be $1,520,000.

Know more about target profit here:

brainly.com/question/17061733

#SPJ4

6 0

2 years ago

What is the annual cost per mile of operating a car given the following information? Item Value Annual miles driven 11,800 Gas c

GarryVolchara [31]

Answer:

Annual cost per mile of operating a car=$0.409 per mile

Explanation:

Step 1: Calculate the total cost of gas and other associated cost

Total cost of gas=price per gallon×number of gallons consumed

where;

price per gallon=$ 2.79

number of gallons consumed=24

replacing;

Total cost of gas=(24×2.79)=$66.96

Additional costs=Annual depreciation+interest+insurance+license+

repairs/oil+parking

where;

Annual depreciation=$2,500

interest=$650

insurance=$680

license=$65

repairs/oil=$370

parking=$498

replacing;

Additional costs=(2,500+650+680+65+370+498)=$4,763

Total costs=total gas cost+additional cost=(66.96+4,763)=4,829.96

Total annual operating cost=$4,829.96

Annual cost per mile=Total annual operating costs/number of miles driven

Annual cost per mile=4,829.96/11,800

Annual cost per mile=$0.409 per mile

5 0

4 years ago

Stock in Dragula Industries has a beta of 1.1. The market risk premium is 7 percent, and T-bills are currently yielding 5.00 per

pishuonlain [190]

Answer:

11.99%

Explanation:

For computing the estimation of cost of equity, first we have to determine the cost of equity based on CAPM which is shown below:

In this question, we apply the Capital Asset Pricing Model (CAPM) formula which is shown below

Expected rate of return = Risk-free rate of return + Beta × (Market rate of return - Risk-free rate of return)

= 5% + 1.1 × 7%

= 5% + 7.7%

= 12.7%

The (Market rate of return - Risk-free rate of return) is also known as market risk premium and the same is shown in the computation part.

Now the cost of equity based on growth rate which is shown below:

= Current year dividend ÷ price + Growth rate

where,

The current dividend would be

= $1.40 + $1.40× 7%

= $1.40 + $0.098

= $1.498

The other things would remain the same

So, the cost of common equity would be

= $1.498 ÷ $35 + 7%

= 0.0428 + 0.07

= 11.28%

Now the best estimation would be

= (12.7% + 11.28%) ÷ 2

= 11.99%

4 0

3 years ago

What is an analytical report

mario62 [17]

<span>There is another type of business reporting that is used to make decisions. Analytical reports offer both information and analysis, but they also include recommendations. Offering recommendations is the biggest difference between informational and <span>analytical reporting.</span></span>

8 0

4 years ago

Read 2 more answers