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TEA [102]
2 years ago
13

What advice does Jessica Cervantes give to teen entrepreneurs who are just starting out? (Site 1).

Business
1 answer:
Aleonysh [2.5K]2 years ago
7 0

Jessica Cervantes is a renowned entrepreneur and business women who advises the new entrepreneurs who are just starting to enter this zone.

<h3>Advice of Jessica Cervantes</h3>

Jessica Cervantes says that new entrepreneurs should have faith in themselves , and this faith and believe must reflect in their products.

She also advised to use all the resources and to reach out to the other entrepreneurs seeking help and advice.

Therefore, Jessica Cervantes motivated and advised the new entrepreneurs who just entered in the field of entrepreneurship.

Learn more about Jessica Cervantes here:

brainly.com/question/9508949

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Crane Sales Company uses the retail inventory method to value its merchandise inventory. The following information is available
Marysya12 [62]

Answer:

C. $222,500 ÷ $313,500

Explanation:

Calculation for cost to retail ratio

COST

Beginning inventory $30,000

Add; Purchases $190,000

Add: Freight in $2,500

Cost $222,500

RETAIL

Beginning inventory $45,000

Add: Purchases $260,000

Add: Net mark ups $8,500

Retail $313,500

Therefore, the cost to retail ratio will be

$222,500 $313,500

5 0
3 years ago
Lillian Fok is president of Lakefront​ Manufacturing, a producer of bicycle tires. Fok makes 1 comma 000 tires per day with the
solniwko [45]

Answer:

Labor productivity= 2.35 tires per hour of work

Explanation:

Giving the following information:

Fok makes 1,000 tires per day with the following​ resources: ​

Labor: 425 hours per day ​at $12.50 per hour.

The labor productivity is calculated based on the number of units made divided by the amounts of hours required:

Labor productivity= 1,000/425= 2.35 tires per hour of work

8 0
3 years ago
Wehrs Corporation has received a request for a special order of 9,300 units of product K19 for $46.80 each. The normal selling p
Sliva [168]

Answer:

Effect on income= $62,510 increase

Explanation:

Giving the following information:

Offer= 9,300 units of product K19 for $46.80 each.

Direct materials $ 17.60

Direct labor $6.90

Variable manufacturing overhead $4.10

The customer would like some modifications made to product K19 that would increase the variable costs by $6.50 per unit and that would require a one-time investment of $46,300 in special molds that would have no salvage value.

<u>Because it is a special offer and there is unused capacity, we will take into account only the incremental fixed costs.</u>

<u></u>

First, we need to calculate the total cost of the offer:

Unitary variable cost= 17.6 + 6.9 + 4.1 + 6.5= $35.1

Total variable cost= 35.1*9,300= $326,430

Total fixed costs= 46,300

Total cost= $372,730

Finally, we can determine the effect on income:

Effect on income= 9,300*46.8 - 372,730

Effect on income= $62,510 increase

3 0
3 years ago
Which federal legislation gives consumers the right to know what is in their credit report?
Alinara [238K]

Answer:

b. the fair credit reporting act

Explanation:

"The Fair Credit Reporting Act (FCRA) is a federal law that helps to ensure the accuracy, fairness and privacy of the information in consumer credit bureau files. The law regulates the way credit reporting agencies can collect, access, use and share the data they collect in your consumer reports."

Exert from: https://www.experian.com/blogs/ask-experian/credit-education/report-basics/fair-credit-reporting-act-fcra/#:~:text=The%20Fair%20Credit%20Reporting%20Act%20(FCRA)%20is%20a%20federal%20law,collect%20in%20your%20consumer%20reports.

3 0
2 years ago
How much is a 1941 wheat penny worth today??
bearhunter [10]
10,000-15,000 american dollars
7 0
3 years ago
Read 2 more answers
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