Thinking about opening a hardware store

Assignment Help Business Management
Reference no: EM131270989

Dear Tutor,

Kindly assist me with this question below.

How can I present this in a powerpoint presentation?

Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per month job as a sales clerk. If your aunt thinks she can sell $510,000 worth of merchandise in a year. Should she open the restaurant? Explain.

Her accountant has been trying to explain to her the different costs that she would need to understand in order to have a successful business. She is asking you to explain the different costs and how they affect the running of a successful business.

Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per month job as a sales clerk. If your aunt thinks she can sell $510,000 worth of merchandise in a year. Should she open the restaurant? Explain.

Her accountant has been trying to explain to her the different costs that she would need to understand in order to have a successful business. She is asking you to explain the different costs and how they affect the running of a successful business.

Reference no: EM131270989

Questions Cloud

Prepare brief description of two procedures : My assignment is: Prepare a brief description of two procedures that prevent or block mistakes in the hospitality service process. These appllications are commonly referred to as 'poke yokes' - roughly translated from Japanese into English as 'error ..
Treasury of a recently independent country : You are appointed secretary of the treasury of a recently independent country called Rugaria. The currency of Rugaria is the lav. The new nation began fiscal operations this year, and the budget situation is that the government will spend 10 milli..
What is the desirable average velocity : The channel shape was tested in a 1/10-scale model. What is the desirable average velocity in order to keep the same Froude number (and not change the surface-wave behavior)?
Persuade the state agency of the need for funding : Food bank is open four days a week. One director and four volunteers. Food bank feeds 100–150 families per week. Of those families, 95% have children under 18. Often, food will run out by the end of Thursday. With a small group, create three data dis..
Thinking about opening a hardware store : Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per month job as a sales clerk. If your aunt thinks sh..
Demonstrate their comprehension of the course material : Mini-Papers are single page reflections on a question or exercise. The paper is an opportunity for the student to demonstrate their comprehension of the course material and to apply it to the situation presented. The paper is also an opportunity f..
Identify overall scope and analysis of unexpected results : Using the results of your work from week two project Identify Overall Scope/ Analysis of Unexpected Results; two additional events will be introduced. You will again analyze the impact of these events to the final project
Individuals can increase their critical thinking skills : Determine the manner in which you would show a potential employer that you possess solid critical thinking skills. Give your opinion on whether or not you believe that individuals can increase their critical thinking skills. If you believe that they ..
Explain the role of market pressures on unethical behavior : Discuss the mistakes made by the company and their leadership. Discuss the steps leadership could have taken to prevent or mitigate the repercussions. Explain the role of market pressures on unethical behavior.

Reviews

Write a Review

Business Management Questions & Answers

  When it makes sense to outsourcewhen does it make sense to

when it makes sense to outsourcewhen does it make sense to outsource - specifically the maintenance and support of a

  What are the responsibilities of a corporation

What are the responsibilities of a corporation and the corporate executives running it? Based upon the law, the corporate charter and public polic policy, why is this so?

  Importance of company culture

Provide an impression of the culture of an organization or group to which you have belonged or for which you have worked and explain both the positive and negative aspects of the culture

  Explain oral promise to pay for the four new tires

The defendant Shane Quadri contacted Don Hoffma an employee of defendant Al J. Hoffman & Co To procure car insurance. Later Quadri's car was stolen on October 25 or 26.

  Develop communications information about training program

Develop communications information about the training program. Create a survey to determine the number and type of courses needed

  Final analysis for kenneth dailey of fmc green river

Final version should contain information from your incremental work in each unit and additional analysis of two new topics

  Show control of intellectual property

Control of Intellectual Property - Explain how would you maintain control of your organization's intellectual property when sharing information with global partners?

  True capacity to measure performance

Which units of government have developed the true capacity to measure performance? By what means do they achieve this goal? What new systems, tools, or techniques are required to measure performance effectively?

  Industry worldwide impact your business strategy

Eventually demand will level out and the industry will start to mature; how would the maturation of the industry worldwide impact your business strategy

  Leadership theories - the evolution of context

Based on your research, provide an example of a leader who effectively engaged with context and another leader who failed to read and engage with the context effectively. What differences can you identify in their leadership styles and approaches?

  What is the population mean

a. What is the population mean (μ) for this random variable? b. Suppose you did not know Pr(Xi) but could observe random samples of values of X. You could then use these samples to calculate X(the sample mean). Explain the sense which X calculate..

  Example of a price discrimination for a good

Provide an example of a price discrimination for a good or service that you thought it to unfair. Do you still believe that the discrimination is unjustifiable?

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