Business, 09.11.2019 07:31 arthurdolz

Mike remembers his grandfather telling him, "if you can find something you like to do, and somebody is willing to pay you to do it, that's the secret to a great life." the way mike saw it, this was his chance. for the past five years, he's been splitting his time between school and working at a local tree farm. the owner recently announced he was ready to retire. as mike began creating a business plan, he contemplated what the business might be worth. how much will he need to buy this business? for starters, mike
a. needs to understand that it's difficult to buy an existing business, rather than start your own. the key will be to meet with the company's accountant, and explain your interest. the accountant will have all the answers.
b. will want to determine the assessed value of the acreage that the business owns, and then bid competitively.
c. should speak with the current owner and determine the total value of assets (what the business owns), its earning potential, and its unique advantage.
d. needs to find a government database that outlines what nursery businesses are worth, on average, across the country.

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 06:40

At april 1, 2019, the food and drug administration is in the process of investigating allegations of false marketing claims by hulkly muscle supplements. the fda has not yet proposed a penalty assessment. hulkly’s fiscal year ends on december 31, 2018. the company’s financial statements are issued in april 2019. required: for each of the following scenarios, determine the appropriate way to report the situation. 1. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 2. management feels an assessment is reasonably possible, and if an assessment is made an unfavorable settlement of $13 million is probable. 3. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is reasonably possible. 4. management feels an assessment is probable, and if an assessment is made an unfavorable settlement of $13 million is probable.

Answers: 1

Answer

Business, 22.06.2019 17:00

Cadbury has a chocolate factory in dunedin, new zealand. for easter, it makes two kinds of “easter eggs”: milk chocolate and dark chocolate. it cycles between producing milk and dark chocolate eggs. the table below provides data on these two products. demand (lbs per hour) milk: 500 dark: 200 switchover time (minutes) milk: 60 dark: 30 production rate per hour milk: 800 dark: 800 for example, it takes 30 minutes to switch production from milk to dark chocolate. demand for milk chocolate is higher (500lbs per hour versus 200 lbs per hour), but the line produces them at the same rate (when operating): 800 lbs per hour. a : suppose cadbury produces 2,334lbs milk chocolate and 1,652 lbs of dark chocolate in each cycle. what would be the maximum inventory (lbs) of milk chocolate? b : how many lbs of milk and dark chocolate should be produced with each cycle so as to satisfy demand while minimizing inventory?

Answers: 2

Answer

Business, 22.06.2019 17:00

Dan wants to start a supermarket in his hometown, and wants to get into the business only after finding out about the market and how successful his business might be. the best way for dan to gain knowledge is to:

Answers: 2

Answer

Business, 22.06.2019 23:20

Nnette henri is paid an hourly wage of $8.90 for a 32-hour workweek of 4 days, 8 hours daily. for any work on the fifth day and on saturdays, she is paid one and one-half times her regular hourly rate. during a certain week, in addition to her regular 32 hours, henri worked 6 hours on the fifth day and 5 hours on saturday. for this workweek, henri’s total earnings are:

Answers: 1

Answer

You know the right answer?

Mike remembers his grandfather telling him, "if you can find something you like to do, and somebody...

Questions