D. Resourcefulness; if you can pick more than one than also chose A. Confidence.
Answer:
The answer is stated below:
Explanation:
Under this situation, where the Tyler, who is working in a large firm for several years, he started his own business for the same profile. But in a short period of time, the business ran out of the money and he is in a situation or condition, where he has to close the business as he unable to pay the firm expenses.
Grounded on the information, the reason of his business failure, is lack of financial planning as well as backing, which result in business unable to cover the operating cost of the business. Few years of experience of working led to inadequate knowledge of the operation cost and led to failure of his business.
Answer:
$7,900
Explanation:
Computation for the total budgeted general and administrative expenses budget per month.
Monthly projected general and administrative expenses :
Arministrative salaries $4,100
Other cash administrative expenses $1,500
Depreciation expense on the administrative Equipment $2,300
Total budgeted general and administrative expenses budget per month $7,900
($4,100+$1,500+$2,300)
Therefore the total budgeted general and administrative expenses budget per month will be $7,900
<span>To increase your profit, you should increase the amount of capital your are using.<span> This way it will be a chain-reaction of decisions, where you will be able to hire more people to do your labor and help you produce more goods for your company. Though the increase rate in capital will continue, the gains will increase and the business will eventually experience an equilibrium at some point. This depends if the products have been sold successfully to the market.
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Youngstown Corporation is considering changing its inventory method from FIFO to LIFO. Assume that inventory prices have been increasing. All else equal, it impact would we expect the change to have on the following ratios net profit margin fixed asset turnover ratio, current ratio, and quick ratio is net profit margin.
The net profit margin or simply net margin, measures how much net income or profit is generated as a percentage of revenue. It is the ratio of net profits to revenues for a company or business segment. Net profit margin is typically expressed as a percentage but can also be represented in decimal form.
Traditionally known as a center of steel production, Youngstown has been forced to adapt after the steel industry in the United States fell into decline in the 1970s, leaving communities throughout the region without any major industry. There has been a decline in population of more than 60% since 1959.
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