net earnings increased 313.4% in the course of year 6 to year 7. That is roughly three times their previous earnings. This growth could be attributed to the increased amount of money spent on research and devolvement and on various advertisements. (WGU‚ 2014) SELLING EXPENSES Due to variable expenses‚ expenses that increase as production and sales increase‚ selling expenses for Competition Bikes‚ Inc. increased. From year 6 to year 7‚ total selling expenses increased by 33%. General and Admin expenses
Premium Generally Accepted Accounting Principles Balance sheet Internal control
EGT1: Task 1 A) 1. When determining how much of a profit a company will make‚ one has to look at a few deciding factors. Two of those are total revenue and total cost. Total revenue is the sum of a company’s sales of a particular product. Total cost is how much a company pays for production which includes fixed and variable costs. After total cost is deducted from the total revenue‚ the money left over is a profit. The goal of most is to maximize profits the best way possible. Total revenue
Premium Economics Marginal cost Microeconomics
individual. Tax planning can also be difficult for the individual since all income and debts for the company are also those of the individual. Overall‚ it is very dangerous to do business as a sole proprietorship due to the liability of the owner. 1. Costs: Almost no creation cost since there is nothing to create. 2. Longevity or Continuity of the Organization: A sole proprietorship
Premium Corporation Types of companies Partnership
1. Use the values given in the above triangle and find the value of B‚ b‚ and c. A. A+B+C=180 B. A+C=48+97=145 C. B=180-145=35 2. Two sides and an angle (SSA) of a triangle are given. Determine if the given measurements produce one triangle‚ two triangles‚ or no triangle at all. Sin B)/5=sin70/7 Sin B/5=0.9397/7 Sin B=0.6712 then B=42 or 138〗 B = 138 is impossible since 138 + 70 = 208 and exceeds 180 B=42 since 42+70 = 112 and less than 180 C = 180 – 112
Premium Yard Angle Triangle
TASK 1 To be able to complete Task 1 in 20 minutes or less‚ write your answer according to the following plan: 1. Write one sentence to introduce the subject and graphic. 2. Write one or two sentences to show the relationship between the data or to comment on the main trend. 3. Write an in-depth description of the information given. Include details from the most important to the least important‚ depending on time. 4. Write one sentence to conclude your answer. Pie Chart
Premium Fast food Fish and chips French fries
My Personal Style After reading through the different types of leader styles‚ I sat and analyzed how I deal with managing issues. I concluded that I am a Problem Solver type of leader. This individual uses a systematic approach to combating issues that arise. When a situation rises that needs attention‚ I figure out exactly what the problem is; lay out scenarios to resolve the problem and working toward a goal that eliminates the problem. I then devise a plan or map for the solution to
Premium Decision making Leadership Problem solving
QRT Task 1 Introduction G & G Business Consultancy provides solutions to clients seeking business advice or guidance. In this particular proposal‚ it will look into the necessary steps to have a successful online gift store. * * Three problems in present set-up: a) Accumulating unsold items b) Limited capital c) Only on occasional events to sell items * Strengths of the online store‚ making it viable: a) Cheaper‚ flexible mark-ups b) Most items are not
Premium Electronic commerce Online shopping
RSMT Task 1 Role Development for Advanced Nursing Practice SMT2 Dr. Laura Bevis December 5‚ 2012 RSMT Task 1 A1. The nursing profession has evolved significantly over the decades. One of the factors that have greatly influenced these changes has been the involvement of nurses in the development of theories and data base needed to support the advancement of our profession. In the last half of the twentieth century‚ nurse researchers (1950s) and nurse theorists (1960s and 1970s) greatly
Premium Nursing Health care
1 LITI Task 1 Business Organizations Sole Proprietorship A sole proprietorship is owned by one person that runs the business. No formalities are necessary since the business is not owned by anyone else. There are some advantages and disadvantages of owning a sole proprietorship. One advantage is that the business can be closed down at any time and any financial obligations can be paid off. Another advantage is that the business has no boss‚ partner‚ or board of directors to answer to. One
Premium Corporation Types of companies Types of business entity
Task 1: 1.1- Outline the current legislation covering home-based childcare & the role of the regulatory bodies. I would like to let you know as Parents some important information regarding up-to-date home-based childcare legislation and the registered bodies to ensure your children get the best care possible whilst in my care. I have done so in a simple question and answer format‚ please don’t hesitate to ask me if you have further questions. There are many current legislations covering home based
Premium Childcare Day care Orphanage