fatima's cleaning business has several customers but is not dominant in its field. this is an example of a(n) business.

Answers

Answer 1

Although Fatima's cleaning company has a number of clients, it is not the market leader. This cleaning company is an example of a small business.

Small companies are often either service providers or retail establishments like pharmacies, grocery shops, and small manufacturing facilities. Small businesses are privately held companies with fewer resources (money, labor, and/or machinery) than larger companies.

Two-thirds of new employment in the US are created by small businesses, which produce 43.5% of the country's GDP. Small businesses not only keep the economy going, but they also lead the way in innovation. Small businesses grant 16 times as many new patents per employee as large patenting firms.

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Related Questions

What is a Target Market ? A Marketing with a bullseye goal . B Customers to whom a company wants to sell its products and services

Answers

Answer:

Customers to whom a company wants to sell its products and services

Explanation:

When I decided to set up my own business, I decided to focus on just those customers who wanted just the product I invented.  They are my target customers and I'll focus my advertising on just their needs and interests.  That will be my target market.

Olivia is a partner in Pacific Trade. In the majority of states, with respect to any partnership obligations that Olivia does not participate in, know about, or ratify, she would be liable for

Answers

In the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

What is partnership?

It should be noted that partnership simply means a business agreement between two or more people to achieve a common goal.

In this case, in the partnership, Olivia does not participate in, know about, or ratify, she would be liable for all of the obligations jointly and severally.

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Define the term Sole Proprietorship:

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Answer:

juhfd jdioweaq judejkO{kiE-O9 RNH

Explanation:

LOL LOO

third-party logistics providers are used extensively by companies in the domestic market and rarely ever used for international business. third-party logistics providers are used extensively by companies in the domestic market and rarely ever used for international business. true false

Answers

It is a false statement that a third-party logistics providers are used extensively by companies in the domestic market and rarely ever used for international business.

What are third-party logistics providers used for?

In distribution channel, the third-party logistics providers are specialist company that provides a range of distribution, storage, transport and fulfillment services to customers. Most time, the customers outsources the types of operations to the third-party logistics providers business and rely on the third-party logistics providers provider to offer end-to-end management of specific services.

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Prior to apple’s debut of the iphone, microsoft was also working on a revolutionary smart phone. microsoft was already one of the world’s leading technology companies with thousands of engineers and designers with hundreds of millions of dollars for their r&d budget. despite having a solid strategy and adequate resources, microsoft derailed cross-departmental cooperation, perpetuated unhealthy competition among its employees, and ultimately:________

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Even though it had a sound plan and enough resources, Microsoft stymied cross-departmental cooperation, encouraged unhealthy rivalry among its workers, and ultimately failed to put its strategy into action.

Are all employees workers?

They are also subject to the disciplinary and grievance processes of their employer. The main distinction between employees and other workers is that employees have additional employment rights that don't apply to other workers.

What types of people are employees?

An example of an employee is a salesman in a retail location. As the worker must do tasks in a specific manner, such as wearing lapel pins and greeting clients in a particular way, they are seen as employees.

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Nederlander's customers are mostly women in the age group of 30 to 59 years with an annual household income of approximately $200,000. The company's Audience Rewards program appeals to its major partners because they want to get access to Nederlander's customers. The partners use the information about the customers for the _______ step of their personal selling process.

Answers

The partners use the information about the customers for the Prospecting step of their personal selling process.

Finding and investigating prospective consumers who are likely to make a purchase is the practice of prospecting.

The data from Nederlander's clients can be used by the partners to identify the clients who are most likely to make a purchase. They may more effectively target their marketing and sales activities thanks to this data. They can also tailor their offers and promotions to the needs and tastes of the customer.

The partners may create more successful sales tactics and raise their chances of success by understanding their clients.

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Please help I don’t understand 100 points


3. Prepare a T account for each transaction. Label the account title for each account affected. Use the chart of accounts you created in Question 1. Write the debit and credit amounts for each T account to show how the accounts are affected. The first one is done for you.

a. Start Microsoft Excel, and open the BUS113_03_05.xlsx file from C:\ACTT1\Data\Unit_3.
b. Click the File tab, and click Save As. Save the file to C:\ACTT1\Student\Unit_3.
c. Received cash from owner, Roger Fisher, as an investment, $10,000.00.
d. Paid cash for insurance, $2,400.00.
e. Bought supplies on account from Boats Wholesale, $1,500.00.
f. Sold services on account to Salmon Slayers, $600.00.
g. Paid cash for fuel, $500.00.
h. Paid cash to owner, Roger Fisher, for personal use, $1,250.00.
i. Save and close the spreadsheet.
j. Submit your file to your instructor for grading.

Answers

The preparation of a T-account for each transaction is as follows:

Cash

Account Titles                       Debit         Credit

c. Capital, Roger Fisher     $10,000

d. Insurance Expenses         2,400

g. Fuel Expenses                     500

h. Withdrawal, Roger Fisher 1,250

Capital, Roger Fisher

Account Titles                       Debit         Credit

c. . Cash                                                $10,000

Insurance Expenses

Account Titles                       Debit         Credit

d. Cash                                $2,400

Supplies

Account Titles                       Debit         Credit

e. Accounts Payable (Boats

   Wholesale)                     $1,500

Accounts Payable

Account Titles                       Debit         Credit

e. Supplies                                             $1,500

Accounts Receivable

Account Titles                       Debit         Credit

f. Services Revenue             $600

Services Revenue

Account Titles                       Debit         Credit

f. Accounts Receivable                           $600

Fuel Expenses

Account Titles                       Debit         Credit

g. Cash                                  $500

Withdrawals, Roger Fisher

Account Titles                       Debit         Credit

h. Cash                                $1,250

What is a T-account?

A T-account is an informal accounting term that describes a ledger account used to post business transactions after being recorded in journals.

T-accounts subsist on the double-entry system of accounting where a transaction has debit and credit aspects.

Transaction Analysis:

c. Cash $10,000 Capital, Roger Fisher $10,000

d. Insurance expenses $2,400 Cash $2,400

e. Supplies $1,500 Accounts Payable (Boats Wholesale) $1,500

f. Accounts Receivable (Salmon Slayers) $600 Services Revenue $600

g. Fuel $500 Cash $500

h. Withdrawal, Roger Fisher $1,250 Cash $1,250

Thus, the transactions from c to h have been recorded in their T-accounts.

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Assume you are the COO of Barcelona Restaurants and you realize that you have turned over probably 60% to 70% of management. Assume you believe that you have been hiring people with the correct technical skills to perform well but there have been other issues. For example, you believe that many of the managers have low confidence in their ability to be successful at whatever challenges or tasks they face so this creates a lot of stress and burn out. What might you do to help ameliorate this problem

Answers

.The program can also include regular feedback sessions, mentorship, and access to resources such as coaching and training.

The high turnover of management can be a symptom of a larger issue - the lack of confidence and support among managers. To address this, the COO can develop a managers' confidence and helping them succeed. This program can include workshops and training sessions that provide managers with the tools and skills they need to navigate challenges and make decisions. Additionally, feedback sessions can be part of the program to give managers regular opportunities to discuss their progress and challenges. Mentorship can also be offered to provide managers with guidance and support from experienced leaders.

Finally, the program can give managers access to resources such as coaching and training to help them develop their skills and knowledge. By providing managers with the support and resources they need, the COO can help reduce stress and burnout, and improve retention rates at Barcelona Restaurants.

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Final answer:

To help address the issue of low confidence and burnout among managers at Barcelona Restaurants, some strategies that can be implemented include ongoing training and development, fostering a supportive work culture, and implementing stress management techniques.

Explanation:

To help ameliorate the problem of low confidence and burnout among managers at Barcelona Restaurants, there are several strategies you can implement:

   

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Which characteristic of cash makes it especially susceptible to theft and
fraud?

Answers

The characteristic of cash makes it especially susceptible to theft and fraud is a liquidity

What is liquidity?

Liquidity makes cash susceptible this is because it can easily be used to purchase asset.

Money can be liquidated by converting it into goods or materials for human use.

Therefore, The characteristic of cash makes it especially susceptible to theft and fraud is a liquidity

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Answer: Its lack of a paper trail

Explanation: trust me on this i just did the test

Raman is a Government servant, his wife Radha is an advocate and their son Amit is engaged in retailing of electronic goods. Identify the type of activities they are engaged in. Also differentiate between the identified activities on any three parameters.

Answers

Answer:

Kindly see Explanation

Explanation:

Raman is described above as being a government servant, this means Raman is an employee of the Federal or State Government. In other words, Raman works in a government runned establishment. Raman is in the civil service.

Radha who is described as an advocate could be explained as an individual who lends his or her voice in other to make others get heard or a protagonist of a certain course.Radha could be described as being into Law or judicial activities.

Amit who retails electronic goods could be described as being self-employed who is into buying and selling.

Difference between activities of Raman, Radha and Amit.

1.) Engagement sector:

Raman works in the civil service, while Radha work is inclined with the legal and activism process and Amit is into commerce.

EMPLOYER:

2.) Raman is clearly a government employee, Radha could work for Non-governmental or Volunteer organizations, while Amit is Self-employed.

DECISION-MAKING :

3.) Raman works based on defined government framework and rules, Radha as an advocate is more inclined towards promoting morality, While Amit will make decisions based on what is best for his business as an entrepreneur.

in the context of forecasting the demand for labor, using trend analysis, inventory levels, changes in technology, and actions of competitors are examples of

Answers

Leading indicators include inventory levels, technological advancements, and competitor activity when predicting the need for labor using trend analysis.

Which indicators are the leading ones?

A piece of data or a group of facts related to the economy that may predict future movement or change in the economy is known as a leading indicator. Future events and trends in business, markets, and the economy can be predicted and projected with the use of economic leading indicators.

A leading indicator is a tool created to anticipate a market's future direction, allowing traders to foresee market movements. In theory, a trader can enter the market before price movement and ride the trend provided a leading indicator provides the right signal.

Why Do Trend Analyses Exist?

Technical analysis's trend analysis method makes use of trend data that was recently seen in order to forecast future stock price movements. To predict the long-term direction of market sentiment, trend analysis makes use of previous data, such as price fluctuations and transaction volume.

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What does this mean
“MY LONG-TERM CAREER GOAL TODAY IS TO BECOME A”

What does this mean MY LONG-TERM CAREER GOAL TODAY IS TO BECOME A

Answers

Explanation:

what this means is it is asking what kind of job or career you want to be. an example is :

i want my career to be a doctor.

so basically this is just a fancy word for job.

Waterways is thinking of mass-producing one of its special-order sprinklers. To do so would increase variable costs for all sprinklers by an average of $0.60 per unit. The company also estimates that this change could increase the overall number of sprinklers sold by 10%, and the average sales price would increase $0.20 per unit. Waterways currently sells 482.000 sprinkler units at an average selling price of $28.80. The manufacturing costs are $8,404.700 variable and $1.308,907 fixed. Selling and administrative costs are $2,700,580 variable and $808,600 fixed. If the average sales price per sprinkler unit did not increase when the company began mass-producing the special-order sprinkler what would be the effect on the company? (Round ratio to 2 decimal places, eg. 5.25% and profit to 0 decimal places, eg 2.520)

Answers

If the average sales price per sprinkler unit did not increase, the company's profit would decrease by $2,400 due to the increase in variable costs.

If the average sales price per sprinkler unit did not increase, then the company would not benefit from the increase in sales volume. In this case, the only effect on the company would be the increase in variable costs for all sprinkler units by an average of $0.60 per unit.

To calculate the impact on the company's financials, we can start by calculating the current total variable costs per unit:

Current variable cost per unit = (Variable manufacturing costs + Variable selling and administrative costs) / Number of units sold

Current variable cost per unit = ($8,404,700 + $2,700,580) / 482,000

Current variable cost per unit = $22.67

With the proposed increase in variable costs of $0.60 per unit, the new variable cost per unit would be:

New variable cost per unit = Current variable cost per unit + Proposed increase in variable costs per unit

New variable cost per unit = $22.67 + $0.60

New variable cost per unit = $23.27

If the average sales price per unit remains at $28.80, the company's contribution margin per unit would be:

Contribution margin per unit = Selling price per unit - Variable cost per unit

Contribution margin per unit = $28.80 - $23.27

Contribution margin per unit = $5.53

The contribution margin ratio can be calculated as follows:

Contribution margin ratio = Contribution margin per unit / Selling price per unit

Contribution margin ratio = $5.53 / $28.80

Contribution margin ratio = 19.18%

Using the current sales volume of 482,000 units, the company's total contribution margin would be:

Current contribution margin = Contribution margin per unit x Number of units sold

Current contribution margin = $5.53 x 482,000

Current contribution margin = $2,664,460

With the proposed increase in variable costs, the company's total contribution margin would be:

New contribution margin = Contribution margin per unit x Number of units sold

New contribution margin = ($28.80 - $23.27) x 482,000

New contribution margin = $2,662,060

The difference between the current and new contribution margin is:

Contribution margin impact = New contribution margin - Current contribution margin

Contribution margin impact = $2,662,060 - $2,664,460

Contribution margin impact = -$2,400

This means that if the average sales price per sprinkler unit did not increase, the company's profit would decrease by $2,400 due to the increase in variable costs.

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What is the ratio formula for quick ratio?

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A company's most liquid assets, such as cash, cash equivalents, marketable securities, and accounts receivable, are divided by all of its current liabilities to arrive at the quick ratio.

The value of a company's "quick" assets is divided by the current liabilities to arrive at the quick ratio. "Quick assets" are cash and assets that can be converted into cash fast, frequently within 90 days.

Marketable securities, such as stocks or bonds that the corporation can sell on regulated exchanges, are among these assets. They also consist of accounts receivable, which are sums of money that consumers owe the business under short-term credit agreements.

Stock is excluded from the quick ratio because it could be difficult to turn your inventory into cash rapidly without sizable discounts, whether it be apparel for a retailer or cars for a car dealer. Prepaid expenses are also excluded from the fast ratio since, although they are short-term assets, they are not easily convertible into cash.

The fast ratio assesses a company's ability to receive quick infusions of funds. For lenders and investors, it is a useful indicator of a company's resilience. It is one of many liquidity gauges that business managers can use to inform their operational decisions, typically with the help of their accounting partner.

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Suppose you own a house that you are renting out to a group of college students for the 10 month academic year. You are charging $1000 per month in rent. You will collect the first rent payment today and then on the 1st of the month each month thereafter. What is the value of this investment opportunity to you today if you could reinvest your income at an annualized rate of 6%

Answers

The value of this investment opportunity to you today is  $9730.42.

What is the value of the investment today?

The first step is to determine the future value of the investment. The formula that can be used to determine the future value is:

Amount x annuity factor

Annuity factor = {[(1+r)^n] - 1} / r

Where:

r = interest rate  = 6% /12 = 0.5%n = number of years = 10

1000 x {[1.005^10] - 1 / 0.005 = 10,228.03

Now determine the present value

10,228.03 / (1.005^10) = $9730.42

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Van and her brother Trung both own homes valued at $175,000. Both pay property taxes at 1.25% and pay annual taxes of $2,187.50. They live in different neighborhoods. Van’s property value is expected to increase by 5% next year.Trung’s property value is expected to increase by 3%. How will these changes affect their property taxes? Check all that apply.

Answers

Answer:

Van's property tax will increase.

Trung's property tax will be less than Van's.

Trung's property tax will increase.

Explanation:

Data provided in the question

Value of the home = $175,000

Property taxes = 1.25%

Annual taxes = $2,187.50

Increased percentage for Van = 5%

Increased percentage for Trung = 3%

based on the above information, the affect is as follows

Van's property tax would rise as he expects his home's value to rise more than Trung's property value. Since the value of Van 's property is rising and rising more than that of Trung, Trung's would be less than that of Van. Because of the rise in value Trung's property tax is rising.

in which of the following ways does a company's strategy relate to its human resource decisions?

Answers

In company's strategy plays a crucial role in shaping its human resource decisions. The correct option is (a) It determines whether employee turnover should be encouraged or reduced.

To begin, a company's strategy outlines its goals, objectives, and plans for achieving success. This strategic direction guides the human resource department in making decisions related to employee recruitment, training, development, performance management, and retention. As such, the strategy helps determine whether employee turnover should be encouraged or reduced. In situations where the company's strategy is focused on cost reduction and operational efficiency, the human resource department may implement policies to minimize employee turnover.

This is because high turnover can lead to increased recruitment and training costs, as well as the loss of experienced personnel, which could negatively impact productivity and operational efficiency. Conversely, if the company's strategy emphasizes innovation and adaptability, it may be necessary to encourage a certain level of employee turnover to foster the influx of fresh ideas and perspectives. In this case, the human resource department may establish policies that encourage employees to pursue professional growth and development opportunities, both within and outside the organization.

This can lead to the occasional turnover of staff, allowing the company to continually refresh its talent pool and stay competitive in a rapidly changing business environment. In summary, a company's strategy is a key factor in determining the approach to employee turnover. The human resource department must align its policies and practices with the overall strategic direction of the organization to ensure optimal workforce management and long-term success. The correct option is A.

The complete question is:

In which of the following ways does a company's strategy relate to its human resource decisions?

a) It determines whether employee turnover should be encouraged or reduced.

b) It determines whether employee turnover should be encouraged or increase.

c) None of the above

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Tammy is the owner of British Brushes. Due to the price of paint, she has to raise the prices of her painting classes. What curve is affected and what determinant caused this change?
a. The Supply Curve shifted to the Left because the cost of inputs increased.
b. The Demand Curve shifted to the Right because of the change in consumer income
c. The Supply Curve shifted to the Right because the cost for new technology decreased

Answers

B will be the correct answer hope I helped

In a condition where Tammy has to increase the prices for her painting classes, the supply curve will show a shift to the left because the input costs also saw a rise. Therefore, the option A holds true.

What is the significance of input costs?

Input costs can be referred to or considered as costs that are associated with the production of goods or services for a firm in the economy. A business can not grow or sustain without incurring input costs. When input costs for a firm increase, the supply curve of an economy shifts to the left.

In the above condition, when prices of paint increase, it also leads to an increase in the input costs for Tammy, and as a result of the same, the supply curve shows a shift towards the left.

Therefore, the option A holds true and states regarding the significance of input costs of British Brushes.

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Pete's, a manufacturer of hygiene and personal care products, launched a new toothpaste, "tidy," that claims to be more effective in maintaining oral hygiene than other brands. the advertisements for tidy provide valid research information. which executional style of advertising is pete's using?

Answers

The executional style of advertising pete's used was scientific executional style.

What is scientific executional style?

It used research findings and results to backup product.

This serve as a selling point as people are interested in having knowledge about the product they want to buy.

Therefore,The executional style of advertising pete's used was scientific executional style.

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Market failures A. prevent the price system from attaining economic efficiency. B. are usually caused by government interference in the economy. C. encourage people to purchase more of a good than they really want. D. encourage businesses to produce more of a good than they really want to.

Answers

Answer:

A

Explanation:

Market failure is the economic situation defined by an inefficient distribution of goods and services in the free market.

Show solution if possible!
A company is deciding where to assign its summer intern. The manager estimates that the intern can save $10,000 in the supply chain or increase sales (revenue) by $25,000. If sales (revenue) is divide

Answers

The company is considering assigning its summer intern to either the supply chain department or the sales department. The manager estimates that the intern can save $10,000 in the supply chain or increase sales revenue by $25,000. To make an informed decision, the company needs to compare the potential cost savings from the supply chain with the revenue increase from sales.

To evaluate the best assignment for the summer intern, the company should compare the cost savings from the supply chain with the revenue increase from sales. If the intern is assigned to the supply chain and can save $10,000, this would directly contribute to cost reduction and potentially improve overall profitability.

On the other hand, if the intern is assigned to the sales department and can increase sales revenue by $25,000, this would have a positive impact on the company's top line and potentially lead to increased profits.

To make a decision, the company needs to consider several factors. Firstly, it should assess the potential for growth in sales revenue and the impact it may have on overall profitability. Additionally, the company should evaluate the efficiency of its supply chain and the potential for cost savings.

Ultimately, the decision will depend on the company's priorities and objectives. If the company is seeking to expand its customer base and increase market share, assigning the intern to the sales department may be the preferred option. However, if cost reduction and operational efficiency are the primary goals, assigning the intern to the supply chain department may provide the most significant benefits. By carefully analyzing the potential cost savings in the supply chain versus the revenue increase from sales, the company can make an informed decision about the summer intern's assignment that aligns with its strategic objectives and maximizes overall value.

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Question 2 0/1 pt 299 Details Find the final amount of money in an account if $7, 100 is deposited at 3% interest compounded semi- annually and the money is left for 10 years. The final amount is $ Ro

Answers

The final amount of money in the account after 10 years, with a deposit of $7,100 at 3% interest compounded semi-annually, is $Ro (unknown).

To calculate the final amount, we can use the formula for compound interest:

A = P(1 + r/n)^(nt)

Where:

A = Final amount

P = Principal amount (initial deposit)

r = Annual interest rate (in decimal form)

n = Number of times interest is compounded per year

t = Number of years

In this case, the principal amount (P) is $7,100, the annual interest rate (r) is 3% or 0.03, the interest is compounded semi-annually (n = 2), and the time period (t) is 10 years.

Plugging these values into the formula, we get:

A = 7,100(1 + 0.03/2)^(2*10)

Calculating this expression will give us the final amount $Ro.

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Does a monopolistically competitive firm tend to have a more elastic or less elastic demand than a monopoly? explain why.

Answers

A monopolistically competitive firm will have a more elastic demand than a monopoly because there will likely be more close substitutes.

What is monopoly, in a nutshell?

A market setup where there is only one seller and one sort of items offered. As the only vendor of the goods with no viable alternatives, the seller in a monopoly market has no rivals.

What benefit does monopoly provide?

Monopolies have the benefit of guaranteeing a steady supply of a good that is too expensive to sell in a competitive market. A few negatives of monopolies include price-fixing, inferior products, a lack of incentive for innovation, and cost-push inflation.

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On January 1, Year 1, Purl Corp. purchased as a long-term investment $500,000 face amount of Shaw, Inc.’s 8% bonds for $456,200. The bonds were purchased to yield 10% interest. The bonds mature on January 1, Year 6, and pay interest annually on January 1. Purl uses the effective interest method of amortization. What amount (rounded to nearest $100) should Purl report on its December 31, Year 2, balance sheet for these held-to-maturity bonds?

Answers

Answer:

Investment in bonds $468,000

Explanation:

In this case, the journal entry to record the purchase of the bonds should be:

January 1, Year 1, bonds purchased as long term investment

Dr Investment in bonds 456,200

    Cr Cash 456,200

In the balance sheet it would be reported as an asset: Investment in bonds $456,200

amortization of bond discount for first coupon = ($456,200 x 10%) - ($500,000 x 8%) = $45,620 - $40,000 = $5,620

journal entry to record first coupon payment:

January 1, Year 2, first coupon payment collected

Dr Cash 40,000

Dr Investment in bonds 5,620

    Cr Interest revenue 45,620

So the investment in bonds account now has a $461,820 balance

amortization of bond discount for second coupon = ($461,820 x 10%) - ($500,000 x 8%) = $46,182 - $40,000 = $6,182

journal entry to record second coupon payment:

January 1, Year 3, second coupon payment collected

Dr Cash 40,000

Dr Investment in bonds 6,182

    Cr Interest revenue 46,182

So the investment in bonds account now has a $468,002 balance

Since we are told to report the December 31, Year 2, balance, the accrued interest journal entry should be:

Dr Interest receivable 40,000

Dr Investment in bonds 6,182

    Cr Interest revenue 46,182

The account balance is the same though, $468,002 rounded down to $468,000

Question 1
The reason that the sales presentation is a crucial part of selling is that it is used to
Odevelop desire for the product.
show the salesperson's enthusiasm.
explain after-sale services.
learn more about the customer.

Answers

Answer:

The reason that the sales presentation is a crucial part of selling is that it is used to develop desire for the product. A good sales presentation should be able to convince the potential customer that the product is something they need or want. Of course, it's important for the salesperson to also show enthusiasm for the product, but ultimately the goal is to get the customer excited about the product as well. While explaining after-sale services can be important, it's usually not the main focus of a sales presentation. And while a salesperson may learn more about the customer during the presentation, the primary goal is to create interest in the product.

Like an abstract in a report, this is a one-or two-paragraph summary of the product or service and how it meets the re quirements and exceeds expectations is known as the back ground section of a business proposal .

Answers

Effective business proposals are centered on a fantastic concept or resolution. Although you might be able to do it in an engaging fashion, you want your document and its solution to stand out against the backdrop of other offers.

the concept Who, what, when, why, and how. Be precise and succinct. Keep your language concise and avoid overstating. To prove your goods or service, use logical, well-supported arguments.

Which section of the business plan details how the company has dealt with problems?

The executive summary should give a brief description of the issue that your company addresses, your proposed solution to the issue, the business's target market, major financial highlights, and a list of the management team's responsibilities.

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Many small businesses rely on factoring as a source of short-term financing because Multiple Choice interest paid to a factor qualifies for a tax credit. small firms often find it difficult to qualify for bank loans. factoring provides a much cheaper source of funds than bank loans. loans provided by factors do not require collateral.

Answers

Factoring is a popular short-term finance option for many small enterprises because Small businesses frequently struggle to obtain bank loans. So, "small firms often find it difficult to qualify for bank loans" is the correct answer.

Why do small businesses rely on short-term financing?

Short-term loans are more common for small firms than long-term debt funding.

Short-term loans are frequently preferred by businesses over factoring or merchant cash advances, which have higher interest rates and terms.

An unsecured business line of credit may be more difficult to obtain than this sort of loan.

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brookman inc's latest eps was $2.75, its book value per share was $22.75, it had 215,000 shares outstanding, and its debt/total invested capital ratio was 44%. the firm finances using only debt and common equity, and its total assets equal total invested capital. how much debt was outstanding? do not round your intermediate calculations. group of answer choices $2,997,638 $4,534,888 $4,227,438 $3,843,125 $3,612,538

Answers

Brookman Inc.'s outstanding debt can be determined using the following formula:

Total Invested Capital (TIC) = Total Assets = Debt + Equity

The debt to total invested capital ratio is then used to determine the proportion of debt in total invested capital. The remaining amount is the equity.

TIC = Debt + Equity

The company's latest earnings per share (EPS) and book value per share (BVPS) are used to determine the company's market value per share (MVPS). There are 215,000 shares outstanding.

MVPS = EPS / BVPS

Market Value of Equity (MVE) = MVPS * Shares Outstanding

Now we will calculate the total invested capital:

TIC = MVE / D/E ratio

Using the above equation we can calculate Debt as:

Debt = TIC - Equity

Substitute the given values in the above equations to get the answer:

BVPS = $22.75EPS = $2.75

Shares outstanding = 215,000D/Total invested capital ratio = 44% = 0.44

Therefore,

MVPS = EPS/BVPS = $2.75/$22.75 = 0.120330D/E = 0.44/(1-0.44) = 0.78MVE = MVPS * Shares Outstanding = $0.120330 * 215,000 = $25,900TIC = MVE/D/E ratio = $25,900/0.78 = $33,205

Debt = TIC - Equity = $33,205 - ($25,900/0.78) = $4,534,888

Thus, the amount of debt outstanding is $4,534,888.

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Question 7
1 pts
The Cracked Pot Potteryware company decided to sell its coffee mugs
in the local espresso shops. What type of marketing decision was this?
A. price
B. place
C. promotion
D. product

Answers

Answer:

D product

Explanation:

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Custom Motors' account with Widgets, Inc. Has an opening balance of $1,200. They make four purchases totaling $1,500, receive a $400 credit for returned widgets, and make a payment of $2,000. What amount will go into the schedule of accounts for Custom Motors? A. $300 B. $1,500 OC. $1,100 D. $2,000

Answers

Answer:

A. $300

Explanation:

The computation of the amount will go into the schedule of accounts for Custom Motors is shown below;

= Opening balance + purchase made - credit received - payment made

= $1,200 + $1,500 - $400 - $2,000

= $300

Hence, the amount will go into the schedule of accounts for Custom Motors is $300

Therefore the option a is correct

And, the same would be considered

Answer:

A 300

Explanation:

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