Suze named ten reasons why YFB’rs are broke. Below are three reasons she identified:
1) The company runs out of cash
2) The company is overpromising and undelivering
3) They invested much on products, thus having left with big inventory
Answer:
the payback period is 3.34 years
Explanation:
The computation of the payback period is as follow;
Given that
Year Cash flows Cumulative cash flows
0 -$40,000 $-40,000
1 $3,000 $3,000
2 $8,000 $11,000
3 $14,000 $25,000
4 $19,000 $44,000
5 $22,000 $66,000
6 $28,000 $94,000
Now the payback period is
= 3 years + ($40,000 - $25,000) ÷ $44,000
= 3 years + 0.34
= 3.34 years
Hence, the payback period is 3.34 years
Answer:
July = $237,600
August = $238,400
Explanation:
Note that credit sales account for only 80% of total sales, the remainder should be considered as cash receipts in the month of sale. Cash receipts for July are 20% of July total sales, plus 25% of July credit sales, plus 55% of June credit sales, and 20% of May credit sales:
Cash receipts for August are 20% of August total sales, plus 25% of August credit sales, plus 55% of July credit sales, and 20% of June credit sales:
Budgeted cash receipts are:
July = $237,600
August = $238,400
Stakeholders are someone or agroup of ppl that are interested in the business
Answer:
B) False
Explanation:
That would be a monopoly (only one supplier).
An oligopoly is a market where there are very few suppliers, and competition is very limited since the barriers to entry are very significant.
For example, the automobile industry is an oligopoly. There are only a few car manufacturers in the world, and they all are very large corporations. It costs hundreds of millions of dollars to introduce a new car model, and every time that happens, the corporations must carry on expensive advertising and promotional campaigns.
