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Mkey [24]
2 years ago
9

A Profit and Loss (P&L) statement is an essential part of determining how a business is doing. Imagine that the following re

flects the first two quarters Tasty Cakes Bakery has been in business. The owner had saved funds to cover her living expenses prior to starting the business, so she does not intend to draw a salary for the first year. She is doing most of the business herself but has hired a part-time assistant for weekend mornings and when large orders come in. While the first quarter had some unexpected expenses when the oven broke down, overall it went well. During the second quarter, she got a bit of a bump in business due to the number of graduation and wedding cakes ordered. She was also asked to deliver an order of 500 cupcakes to a function at city hall, which required her to rent some equipment to transport and serve the order; however, the $800 that it paid more than covered the additional expense.
a. If you were going to spend more on marketing, which product would you emphasize and why?

b. Should the budget for office supplies and repairs be reduced for the next quarter? Explain your answer.
Business
1 answer:
Kobotan [32]2 years ago
5 0

Based on the information given, since the person will spend more on marketing, the product that should be emphasized will be cupcakes.

<h3>What is marketing?</h3>

Marketing simply means the prices of exploring, and delivering value in order to meet the needs of the target market.

Based on the information given, since the person will spend more on marketing, the product that should be emphasized will be cupcakes. This is because the $800 that it paid more can cover the additional expense.

Also, the budget for office supplies and repairs be reduced for the next quarter. This is because they will have already gotten the supplies needed to start up.

Learn more about marketing on:

brainly.com/question/25369230

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ANSWER: C) People could not charge as many different prices for goods.

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to ________, lance, an hr manager, shares his company’s job openings on social media and online job postings.
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6 0
3 years ago
Identify and describe 5 key pitfalls that a company faces when attempting to go global?
Elina [12.6K]
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Not specifying countries. ...
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3 years ago
Zach attended Champion University during 2014-2018. He lived at home and was claimed by his parents as a deduction during the en
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Answer:

The amount of student loan interest can Zach and his spouse deduct in 2017 is $1,125

Explanation:

The amount of student loan interest can Zach and his spouse deduct in 2017 is $1,125

The amount of student loan interest can Zach and his spouse deduct in 2017 is

Education Expenses:

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= $1, 500

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3 0
3 years ago
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