Projected monthly profitexpected annual returnthe smith

Assignment Help HR Management
Reference no: EM13361291

Projected monthly profit;expected annual return

The Smith family has saved for many years, and they have decided to start a hardware business with $250,000. They estimate that sales about $6000 per month during the first year. On average, the budgeted monthly costs will will be:

Wages for labor: $900
Rent on store building: $1500
Utilities: $300
Advertising: $500
Delivery costs: $400

a. Evaluate the projected monthly profit?
b. Find the expected annual return on investment?

Reference no: EM13361291

Questions Cloud

Labor price variance amp total quantity variancecompany x : labor price variance amp total quantity variancecompany x has set their standard labor rate at 25 per hour and a
Question about emotional labora recent study reported that : question about emotional labora recent study reported that instructors at colleges and universities are frequently
Explain the role of a supervisor in labor negotiations five : explain the role of a supervisor in labor negotiations five actions to take and three to avoidsupervisors are often
Happy trails llc is a medium-sized independent living home : happy trails llc. is a medium-sized independent living home a for-profit facility located in a suburban environment.
Projected monthly profitexpected annual returnthe smith : projected monthly profitexpected annual returnthe smith family has saved for many years and they have decided to start
Direct labor variance for mendoza companydata concerning : direct labor variance for mendoza companydata concerning mendoza companys direct labor costs for the month of janactual
Union organizinghelp understanding unions since very little : union organizinghelp understanding unions since very little experience with them.1. please provide the pros and cons of
Labor cost - hourly plan amp piece rate planmanagement of : labor cost - hourly plan amp piece rate planmanagement of the von machine company requests that you determine the
Equivalent units of production using fifoduring april the : equivalent units of production using fifoduring april the production department of a process manufacturing system

Reviews

Write a Review

HR Management Questions & Answers

  Importance of money and employment

Importance of Money and Employment - Should one quit a job if they didn't get a raise they thought they deserved?

  What differences in communication

What differences in communication do you suggest for the new policies for the manager and employee audiences and what questions do you anticipate from each audience and how would you answer them?

  Show the organizational strategists

Organizational Strategists - Evaluate what strategists are, and what they do in an organization

  Explain how you would construct a study

HRM Research - Explain how you would construct a study to test their hypothesis and What kind of analysis will be required

  Find the standard direct labor-hours per unit

The allowance for cleanup, machine downtime, and rejects is 0.13 direct labor-hours per unit - the standard direct labor-hours per unit

  Hr polices and programsthink about your current or any

hr polices and programsthink about your current or any previous employer you have observed. as you consider the hr

  Human resource managementcareer development plan iv -

human resource managementcareer development plan iv - compensation.now that you have created an appraisal system for

  Hrm in what ways might the employees and other servers

hrm in what ways might the employees and other servers ideas of fairness be different?thanks for your help with thisa

  What is the role of luck in gaining possession

The Role of Luck in Gaining Possession of a Particular Resource or Capability - What is the role of luck in gaining possession of a particular resource or capability?

  Explain the business performance metrics

What are they and Why are they used - How are they used? How does one go about developing their own metrics Please give an example

  In todays corporate and globalized business environment hrm

in todays corporate and globalized business environment hrm human resource management is one of the essential tools for

  Academic response to human resourcesdescribe the nature and

academic response to human resourcesdescribe the nature and components of and the issues currently facing executive

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd