What will the net income of a company be if its revenue is $600,000 and its expenses are calculated to be $200,000?
A. $1,200,000
B. $200,000
C. $800,000
D. $400,000
Answer: D
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By performing a ______, we can find the location that has the lowest total cost for a given volume range.
A. factor rating method B. breakeven analysis C. center-of-gravity method D. GIS method
Fred and Barney started a partnership. Fred invested $10,000 in the business and Barney invested $18,500. The partnership agreement stipulated that profits would be divided as follows: Each partner would receive a 14% return on invested capital with the remaining income being distributed equally between the two partners. Assuming that the partnership earned $24,000 during an accounting period, the amount of income assigned to the two partners would be: Fred BarneyA.$8605? $7415? B.$10,000? $14,000? C.$12,000? $12,000? D.$11,405? $12,595?
A. Choice A B. Choice B C. Choice C D. Choice D
Son-of-Sam laws: A) deal with political contributions by corporations
B) provide for taxation differences on interstate vs. intrastate commerce. C) prevent perpetrators from profiting from their crimes. D) None of the above
What are some of the errors made in the preparation of a business plan that minimize an entrepreneur's chance for success?
What will be an ideal response?