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Zinaida [17]
2 years ago
15

Discuss steeps involved in business planing process​

Business
1 answer:
bazaltina [42]2 years ago
8 0

Steps for business planning:

Step 1: Establish your mission. In essence, your mission statement explains why your business exists. ...

Step 2: Analyse your SWOT. ...

Step 3: Develop a plan. ...

Step 4: Create a budget. ...

Step 5: Put it in writing. ...

Step 6: Make it a living document.

Steps for planning

1] Recognizing Need for Action. ...

2] Setting Objectives. ...

3] Developing Premises. ...

4] Identifying Alternatives. ...

5] Examining Alternate Course of Action. ...

6] Selecting the Alternative. ...

7] Formulating Supporting Plan.

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How to study using a 450 pg online college textbook in which you are asked detailed questions and scenarios.. It's overwhelming.
ArbitrLikvidat [17]

Answer:

Explanation:

There are many things in life that will seem overwhelming due to the how large and complex all of the data may be. The best way to get through these moments is to divide the task into smaller parts and sit down and dedicate time to it. For such a textbook divide the total amount of pages and read a little bit at a time, take breaks, reflect on what you have read, answer practice questions, and continue to the next group of pages. You will see after getting started that it is not as overwhelming anymore.

7 0
3 years ago
Pharoah Inc. has decided to raise additional capital by issuing $173,000 facevalue of bonds with a coupon rate of 6%. In discuss
Ira Lisetskai [31]

Answer:

a.                                               Debit         Credit

Cash                                       $174,600

Discount on bond payable   $18,941

        Bonds Payable                                  $173,000

        Paid -in Capital - Stock Warrants    $20,541

<u>Workings</u>

Market value of Bonds        155,700

Market value of Warrants    <u>20,760</u>

Total market value               176,460

Value assigned to Bonds = 174,600 / 176,460 * 155,700 = 154,059

Value assigned to Warrants = 174,600 / 176,460 *20,760 = 20,541

b.                                              Debit       Credit

Cash                                        $174,600

Discount receivable                                 $1,600

         Bonds Payable                                $173,000

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4 years ago
Discuss two or more of the risks and benefits associated with credit card borrowing.?
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Risks: lose track of how much you are spending compared to what you have. You can also get into serious debt without realizing it affecting your spending on things in the future.
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3 years ago
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<span>asset turnover ratio is the ratio of the value of a company's sales or revenues generated relative to the value of its assets. The Asset Turnover ratio can often be used as an indicator of the efficiency with which a company is deploying its assets in generating revenue. Given that the sales is 60k and the value of the asset is 370k, the ratio is simply the sales / value of assets which is 60/(370-88).</span>
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