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bekas [8.4K]
2 years ago
11

who here has a business plan​

Business
1 answer:
Ivahew [28]2 years ago
7 0

I am still working on my business plan.

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This is a growth strategy with a goal to take customers away from competitors.
vitfil [10]

Answer:

market penetration

Explanation:

As market is already created but the share of the company needs to be higher.

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2 years ago
You ordered a meal at Taco Bell for you and your friend. The total of the meal was $21.07.
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Answer:the change is 8.97. I’m not sure what the second one is wanting?

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2 years ago
Outline one factor that might be helpful about having a clear target market
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Being able to find other entrepreneurs that are interested in the same target market, learning from their experience, asking for their help and building PR relations

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3 years ago
A company uses the departmental overhead rate method. Total overhead costs are $5,000,000. Of this total, the machining departme
AleksAgata [21]

Answer:

Allocation rate Machining= $50 per machine hour

Explanation:

Giving the following information:

Estimated Machining cost= $4,000,000

Estimated Number of machine hours= 80,000

<u>To calculate the allocation rate for the Machining department, we need to use the following formula:</u>

Allocation rate Machining= total estimated costs for the period/ total amount of allocation base

Allocation rate Machining= 4,000,000 / 80,000

Allocation rate Machining= $50 per machine hour

4 0
3 years ago
A company uses a periodic inventory system and during the December 31, year-end physical inventory count discovered that they ha
never [62]

Answer:

Debit: Shrinkage expense $300

Credit: Inventory $300

Explanation:

When your business experiences shrinkage, you must adjust your accounting books. Record inventory losses by increasing your Shrinkage Expense account and decreasing your Inventory account.

Debit your Shrinkage Expense account and credit your Inventory account.

To adjust for shrinkage, create a journal entry that looks like this:

Debit Shrinkage expense account by $300

Credit Inventory account $300

5 0
3 years ago
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