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2 years ago

Why should mary ann and nana create a business plan?

1 answer:

8 0

Why should mary ann and nana create a business plan is to enables the aim and objective of their business to be realistic.

Mary ann and Nana should create a business plan due to the following reasons:

Creating a business plan will help them to achieve their core business goals.

Business pan will help both mary ann and nana to determine the strategy they need to achieve their aims.

Creating a business plan will help to highlights all the vital information concerning the business so as to make their business succeed.

Creating a business plan will help in maximizing their profit or in managing their cash.

Inconclusion why should mary ann and nana create a business plan is to enables the aim and objective of their business to be realistic.

Learn more about business plan here:

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Jamie can't help but notice and be negatively affected by the interviewer's frown as he explains to her why he left his last job

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3 years ago

Jamal has owned his home for about 5 years. his refrigerator needs to be replaced and jamal is thinking about buying an energy s

ipn [44]

Answer - A (7 years)

WORKINGS

To calculate how long it would take for the new refrigerator to pay for itself in lower utility costs, the cost of new refrigerator will be divided by lower utility cost per year

Cost of new refrigerator = $598

TO CALCULATE LOWER UTILITY COST PER YEAR

At a cost of only 12 cents per day

Annual cost will be 12 X 365 = 4380 Cents ($43.8)

Cost saved annually = Cost of old refrigerator – Cost of new refrigerator.

Lower utility cost per year = $132 – $43.8

Lower utility cost per year = $88.2

How long would it take for the new refrigerator to pay for itself in lower utility costs?

$598 ÷ $88.2

= 6.78 years

Approximately 7 years

7 0

3 years ago

Read 2 more answers

Intellectual capital alludes to substantial resources and assets of a venture that are caught by traditional accounting reports.

Alex787 [66]

Answer: False

Explanation:

Intellectual capital simply refers to the intangible assets and the resources that helps in the contribution to the value of a particular company or enterprise and help such company to gain competitive advantage over its counterparts.

It should be noted that these assets and resources aren't caught by the traditional accounting reports.

The above statement means that the statement in the question is wrong. Intellectual capital are not caught by traditional accounting reports.

8 0

2 years ago

The ___________ is the only price where quantity demanded is equal to quantity supplied.

zmey [24]

<span>The equilibrium Price.</span>

6 0

2 years ago

A certain business produced x rakes each month form November through February and shipped x/2 rakes at the beginning of each mon

Natasha_Volkova [10]

Answer:

C. 1.40x

Explanation:

1. Production:

November through February: x rakes/month* 4 months = 4x rakes.

2. Shipping and storage costs

March= 4x (initial stock) - x/2 (shipped) = 3.5 x (in stock) * 0.1$ = $0.35

April = 3.5x (stock at end of March) - x/2 (shipped) = 3x*0.1$ = $0.30

May = 3x (stock at the end of April) - x/2 (shipped) = 2.5x*0.1$ = $0.25

June= 2.5x (stock at the end of May) - x/2 (shipped) = 2x (in stock) * $0.1 = 0.2$

July = 2x (stock at end of June) - x/2 (shipped) = 1.5x*0.1$ = $0.15

August = 1.5x (stock at the end of July) - x/2 (shipped) = 1x*0.1$ = $0.1

Sept= 1x (stock at the end of August.) - x/2 (shipped) = 0.5 x (in stock) * $0.1 = $0.05

October = 0.5x (stock at end of sept.) - x/2 (shipped) = 0*$0.1 = $0

Total storage cost= $0.35x+$0.30x+$0.25x+$0.20x+$0.15x+$0.10x+$0.05x+$0x

Total storage cost = $1.40X

5 0

2 years ago