Business, 04.10.2019 21:30 lberries08
An entrepreneur purchased an existing bicycle shop that had between $120,000 and $150,000 worth of sales annually for the past three years. during the first year under new ownership, there was a devastating winter with numerous snowstorms, so sales, which usually pick up in march, were very low until the beginning of may. there is usually an increase in sales between march 1 and june 30 that accounts for 50 percent of the store's annual revenue. what would the forecasted sales be for the entrepreneur's first year? what recommendations do you have for the entrepreneur based on your projection?
Answers: 2
Business, 22.06.2019 09:40
Newton industries is considering a project and has developed the following estimates: unit sales = 4,800, price per unit = $67, variable cost per unit = $42, annual fixed costs = $11,900. the depreciation is $14,700 a year and the tax rate is 34 percent. what effect would an increase of $1 in the selling price have on the operating cash flow?
Answers: 2
Business, 22.06.2019 10:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)
Answers: 1
Business, 22.06.2019 11:40
During 2016, nike inc., reported net income of $3,760 million. the company declared dividends of $1,022 million. the closing entry for dividends would include which of the following? select one: a. credit cash for $1,022 million b. credit dividends for $1,022 million c. debit net income for $1,022 million d. credit retained earnings for $1,022 million e. debit dividends for $1,022 million
Answers: 1
Business, 22.06.2019 21:00
Adecision is made at the margin when each alternative considers
Answers: 3
An entrepreneur purchased an existing bicycle shop that had between $120,000 and $150,000 worth of s...
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