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Lina20 [59]
2 years ago
8

Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair.

His earnings are $69,000 per year. Should you buy it?
Business
1 answer:
Archy [21]2 years ago
8 0
No because it is to expensive and the modern outfits are changing relatively quickly
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A description of what the company is capable of becoming is referred to as A. strategic mission. B. strategic flexibility. C. st
bulgar [2K]

Answer:

C.  strategic vision.

Explanation:

Strategic vision -

It provides the overview about the success or failure in the coming future , is referred to as strategic vision.

This helps to forecast the future , goals and th upcoming projects of the company or organisation .

The strategic can be short as well as long term , depending on the time period of the project .

Hence , from the given information of the question,

The correct option is C. strategic vision .

4 0
3 years ago
Monica paid $12 for a music CD for which she later was offered $15. After that someone offered her $18 for the CD. If Monica kee
Wewaii [24]

Answer:

False

Explanation:

The opportunity cost refers to the benefit that is foregone by choosing some other alternative. It is measurable in monetary terms as well as in non-monetary terms.

In our case,

Monica paid for CD = $12

Hence, she already paid for the CD, so here the opportunity cost is either she keep the CD or she not keep the CD for the amount of $18.

Hence, if Monica decided to keep the CD then the opportunity cost of keeping the CD is $18.

7 0
3 years ago
Suppose that over one range of​ prices, the absolute value of the price elasticity of demand varies from 15.0 to​ 2.5, and over
Vera_Pavlovna [14]

Answer:

In the first range of prices (with PED 15 - 2.5) as the price of the good or service falls, total revenue should increase. Imagine that a 1% reduction in price will result in a 15% increase in quantity demanded. The same happens when PED = 2.5, since a 1% reduction will increase quantity demanded by 2.5%.

e.g. price = $100, quantity demanded = 100, total revenue = $10,000

  • price falls to $99, quantity demanded increases to 115, total revenue = $11,385
  • price falls to $99, quantity demanded increases to 102.5, total revenue = $10,147.50

On the other range (PED = 1.5 - 0.75) as the price of the good or service falls, at first total revenue will increase but then it will decrease.

e.g. price = $100, quantity demanded = 100, total revenue = $10,000

  • price falls to $99, quantity demanded increases to 101.5, total revenue = $10,048.50
  • price falls to $99, quantity demanded increases to 100.75, total revenue = $9,974.25
5 0
3 years ago
What concept refers to all factors outside an organization that affect the organization's operation?
Verdich [7]
Organizational environment is the concept that <span>refers to all factors outside an organization that affect the organization's operation. These factors affect performance, resources, and operations. These are factors to consider when predicting trends and making decision regarding the company. </span>
3 0
3 years ago
Will's Whitewater Rafting sold 3 acres of land used in the business. The sales price was $6,000 and the adjusted basis of the la
slamgirl [31]

Answer:

The realized gain on the sale is $1,800

Explanation

Adjusted basis is defined in tax accouting as the residual cost after deducting various related tax items.

Since

Selling Price = $6,000

Adjusted basis = $4,200

Therefore, the gain realized on the sale is

Sales - Adjusted basis

= $6,000 - $4,200

= $1,800

7 0
3 years ago
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