Cost of goods sold (Periodic System) = Beginning inventory + (Purchases, net of returns and allowances, and purchase discounts) + freight in − Ending inventory .
COGS = Cost of goods sold
COGS = 46200+(401100-13500-11300)+16000-57900
COGS = 380600
The total sum that your company spent on expenses directly associated with the selling of goods is known as the cost of goods sold. Depending on the nature of your firm, this could also include raw materials, packaging, direct labor involved in making or selling the product, and items bought for resale.
First In First Out (FIFO), Last In First Out (LIFO), and the Average Cost Method are the three techniques that a business might employ when tracking the amount of inventory sold over a given time period.
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What economic system is “prices by the government”?
What is the expected return and standard deviation for the minimum-variance portfolio of the two risky funds? A pension fund manager is considering three mutual funds: the first is a stock fund, the second is a long-term government and corporate bond fund, and the third is a T-bill money market fund that yields a sure rate of 4.6%. The probability distributions of the risk funds are: Stock Fund (S) Expected Return, 16%, Standard Deviation, 36%; Bond Fund (B) Expected Return, 7%, Standard Deviation, 30%. The correlation between the fund returns is .0800. (Do not round intermediate calculations. Round your answers to 2 decimal places.)
The minimum-variance portfolio of the two risky funds has an expected return of 8.47% and a standard deviation of 25.16%.
To find the expected return and standard deviation of the minimum-variance portfolio of the two risky funds, we need to follow these steps: Calculate the portfolio variance. The formula for portfolio variance is
I²p = w₁² I₁² + w₂²I₂² + 2w₁w₂I₁I₂I₁₂ , where w₁ and w₂ are the weights of the two funds, σ1 and σ2 are the standard deviations of the returns of the two funds, and ρ12 is the correlation coefficient between the returns of the two funds.
Using the given data, we can calculate the portfolio variance as: Calculate the weights of the two funds: To find the weights of the two funds, we need to set the derivative of the portfolio variance with respect to w1 equal to zero and solve for w₁:w₁ = (I₂² - I₁₂I₁I₂) / I₁² + I₂² - 2I₁₂I₁I₂)
Using the given data, we can calculate the weights as: Calculate the expected return of the minimum-variance portfolio: The expected return of the minimum-variance portfolio can be calculated as: E(r p) = w₁ E(r₁) + w₂ E(r₂) Using the given data, we can calculate the expected return as:
E(rp) = 0.3296 *16
Calculate the standard deviation of the minimum-variance portfolio: The standard deviation of the minimum-variance portfolio can be calculated as:
Ip = a( I²p)
Using the calculated portfolio variance from step 1, we can calculate the standard deviation as:
Ip = a( 0.0634416) =25.16
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Match the phrase that follows with the term (a-e) it describes. integrated set of operating and financing budgets for a period of time estimates the number of units to be manufactured to meet sales and inventory levels shows expected results at several activity levels begins by estimating the quantity of sales shows expected results at only one activity level 1. static budget 2. flexible budget 3. master budget 4. sales budget 5. production budget
1. Master budget: it is an integrated set of operating and financing budgets for a period of time.
2. Production budget: it estimates the number of units to be manufactured to meet sales and inventory levels.
3. Flexible budget: it shows expected results at several activity levels.
4. Sales budget: it begins by estimating the quantity of sales.
5. Static budget: it shows expected results at only one activity level.
A budget can be defined as a financial plan that is used for the estimation of revenue and expenditures of an individual, organization or government, especially for a specified period of time, often one (1) year.
Basically, there are different types of budget and this include:
1. Master budget: it comprises an integrated set of both investing, operating and financing budgets for a specified period of time, often one (1) year.
2. Production budget: it estimates the number of units to be manufactured by a business firm, so as to meet budgeted sales and inventory levels.
3. Flexible budget: it shows expected results of a business firm (responsibility center) at several activity levels.
It is also referred to as variable budget and it's used both before and after a period's activities are completed.4. Sales budget: it begins by estimating the quantity of sales.
Once the quantity of sales are estimated, the sales revenue that are expected is calculated by multiplying the expected unit sales price by the volume.5. Static budget: it shows expected results of a business firm (responsibility center) at only one activity level.
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a social media company has a process where employees can choose to make changes to their work responsibilities, even dramatic changes allowing them to assume decision making authority that is usually exercised by a supervisor. this is an example of a company using:
A social media company has a process where individuals can choose to make changes to their work responsibilities, even dramatic changes if they create or discover more efficient ways to work. This is an example of a company using job enlargement.
What is job enlargement?Job enlargement means increasing the scope of a job through extending the range of its job duties and responsibilities generally within the same level and periphery. Job enlargement involves combining various activities at the same level in the organization and adding them to the existing job. It is also called the horizontal expansion of job activities. This contradicts the principles of specialisation and the division of labour whereby work is divided into small units.
Each of these is performed repetitively by an individual worker and the responsibilities are always clear.
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What are the production sharing contracts (PSC) and production
sharing agreements (PSA)?
Production sharing contracts (PSC) and production sharing agreements (PSA) are agreements commonly used in the oil and gas industry. These contracts are typically made between a government or state-owned entity and an oil company.
Under a PSC or PSA, the government grants the oil company the rights to explore, develop, and produce oil and gas reserves in a specified area or block. The oil company bears the financial risks and costs associated with exploration and production activities.
In return for their investment, the oil company is entitled to a share of the produced oil and gas. The terms of the contract determine the percentage of production that the company is entitled to, often referred to as the "profit oil" or "profit gas."
The remaining portion of the production, known as the "cost oil" or "cost gas," is used to recover the costs incurred by the oil company. The government also usually receives taxes, royalties, and other forms of fiscal payments as part of the agreement.
PSCs and PSAs vary in their terms and structures, and the specific details are negotiated between the government and the oil company. These contracts are designed to promote investment in oil and gas exploration and production while ensuring a fair distribution of profits between the parties involved.
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Hospitals, colleges and universities, and museums fall into the ______ category of business customers.
Hospitals, colleges and universities, and museums fall into the institutional customers category of business customers.
What are Institutional customers?Institutional customers are organizations that provide goods and services to others and are characterized by their relatively stable and predictable demand for products, as well as their relatively large order size.
These customers often have specific needs and requirements, such as compliance with regulations, safety standards, and other policies. They may also have longer purchasing cycles and decision-making processes, as well as complex procurement procedures and negotiations. Other examples of institutional customers include government agencies, non-profit organizations, and religious institutions.
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in creating marketing strategies to cope with inflation, managers must realize that, regardless of what happens to the seller's cost, the buyer is not going to pay more for a product than the subjective value he or she places on it.
A marketing strategy refers to the overall strategy of a company to reach potential consumers and convert them into customers for its products and services. A marketing strategy includes your company's value proposition, key brand messages, customer demographic data, and other high-level factors.
The 4 P's are the 'marketing mix' made up of the four main elements used to market products and services: product, price, location and promotion. Businesses typically consider the 4 P's when creating marketing plans and strategies to effectively market to their target audience.
The 10 Most Common Types of Traditional Marketing
Outbound Marketing. When a marketing strategy is labeled "outbound," it focuses on how the message is delivered. ...
Personalized Marketing. ...
Direct Mail. .
Partner Marketing.
Telemarketing. ...
Public Relations (PR) Marketing. ...
reviews.
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Celia's firm has developed a breakfast cereal targeted toward children. Rather than compete in the mature U.S. market, she has decided instead to introduce the product in Europe, where she feels it will be innovative. Her advertising agency urged caution because__________.
a. print media are different in Europe, and it would be difficult to create a global campaign.
b. advertising regulations differ in other countries, including advertising to children.
c. domestic advertising agencies cannot earn commissions on advertising they place overseas.
d. research indicates that European children do not eat breakfast as often as American children.
e. literacy rates are significantly lower in Europe, and print ads would be ineffective.
Answer:
b. advertising regulations differ in other countries, including advertising to children.
Explanation:
Cecilia decided tolo introduce the her cereal advert in Europe, where she feels it will be innovative.
Thai was done to avoid competing in the mature U.S market.
It will be important for Cecilia to consider the advertising regulations on Europe.
There can be differences in what is considered appropriate in an advertisement in Europe.
She will need to ensure the content of her adverts complies with what is deemed appropriate content in Europe
what are the main duties and responsibilities of a Hotel manager
Answer:
Here are some:
recruiting, training and supervising staff.
managing budgets.
maintaining statistical and financial records.
planning maintenance work, events and room bookings.
handling customer complaints and queries.
promoting and marketing the business.
Hope it helps you pls mark me brain list.
Answer:
The main duties and responsibilities of the hotel manager are as below:
Explanation:
1) Recruiting, training, and supervising staff.
2) Managing budgets.
3) Maintaining statistical and financial records.
4) Planning maintenance work, events, and room bookings.
5)Handling customer complaints and queries.
6) Promoting and marketing the business.
When Tyler, a veteran, started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and distribute safety goggles for construction workers and military personnel. He realized most of his business would not be through walk-in customers but rather large orders from companies. He chose to locate in a government-subsidized area called a(n) __________, where he would receive tax breaks and other government support.
Tyler chose to locate his business in an area which government offer subsized tax rate and tax break in other favor job creation called an enterprise zone.
Areas which are specially offered subsidized rate of taxes in other encourage economic development of such geographical area are called enterprise zone.
In other ensure that companies locate their offices in this zones, government offers support and gives other enticing offers in other to promote job creation in such environment.
Therefore, government - subsidized rates are enjoyed in enterprise zones.
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in order to assess the performance of their firms and their supply chains, what do managers need to do to determine the needs of those customers?
a. Look at each segment of the markets they serve
b. Help identify new customer requirements
c. Rely on traditional performance measures
d. Collaborate in pricing of products
The correct option to the given question about assess the performance of their supply chains is option a) . Take a look at each market category they serve.
A corporation can generally use one of six major models to direct its supply chain management procedures.
The continuous flow model, one of the more established supply chain strategies, works best for developed sectors. The continuous flow model assumes that a producer will consistently produce the same good and that customer demand will be relatively stable. Agile Strategy: This model works best for businesses that provide products that customers order or have unexpected demand. This model places a premium on adaptability because a business must be ready to change course at any time in the event of a specific requirement.
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What continuously changes and provides business solutions to ever-changing business operations?
A dynamic approach in business is one that continuously changes and provides business solutions to ever-changing business operation.
What is a dynamic approach in business?It involves an approach that entails a flexible & adaptive attitude towards the company's business model and relies on embedded business networks to reconfigure, develop and adapt the business model to events and changes in the business environment.
The dynamic approach is important because it help to ensure that a business can respond appropriately to changes that may represent both potential opportunities and new threats to its operations.
Therefore, the dynamic approach in business is one that continuously changes and provides business solutions to ever-changing business operation.
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A key characteristic of a linear program is which of the following? The activity levels must be integer. The activity levels minimize the profit. The activity levels maximize the resource consumption. All of the above None of the above
The key characteristic of a linear program is none of the above. In a linear program, the objective is to maximize or minimize a linear function subject to linear constraints.
The activity levels are not required to be integers, although certain variations of linear programming, such as integer programming, do impose integer constraints on the variables. The activity levels are not necessarily aimed at minimizing profit or maximizing resource consumption; instead, they are chosen to optimize the objective function while satisfying the given constraints. Linear programming is a widely used mathematical technique for decision-making and optimization problems in various fields, such as operations research, economics, and management.
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factorise the following3x^2-18 +24
Answer:
it's 3(x^2-2) bcoz -18-24= -6 and 3 is divisible into 6 twice
Question 1 of 3
The bank limits deposits to $200 per day. Ash has $300
to deposit. What should she do?
Select a response.
A Make multiple deposits over a few days
B Not agree to the Terms and Conditions
According to the information provided, Ash should make several deposits spread out over a few days. Thus option A is correct.
Ash can divide the deposit into two separate transactions because the bank only allows deposits of $200 per day and she has $300 to deposit. She is permitted to deposit $200 on the first day and the final $100 on the second day.
She will be able to successfully complete her deposit and stay inside the bank's deposit cap with this method. The correct response is, "Make several deposits over a few days."
Therefore, option A is appropriate.
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when an organization has a strong and cohesive organizational culture that controls employee attitudes and behaviors, that company has a(n) culture
When an organization has a strong and cohesive organizational culture that controls employee attitudes and behaviors, that company has a strong culture.
The Importance of Strong Organizational Culture in Achieving Business SuccessOrganizational culture is a crucial factor that plays a significant role in the success or failure of a business. A strong and cohesive culture can help control employee attitudes and behaviors, create a sense of belonging and unity, and improve employee engagement and commitment. A strong culture can also help create a positive work environment, which can lead to increased productivity and profitability.
One of the key benefits of a strong organizational culture is that it helps control employee attitudes and behaviors. When employees share a common set of values, beliefs, and practices, they are more likely to align their behaviors with those of the organization. This can help improve overall performance and increase employee satisfaction and engagement.
A strong culture can also create a sense of belonging and unity among employees. When employees feel like they are part of a larger community, they are more likely to work together to achieve common goals. This can help foster collaboration and teamwork, which can lead to better problem-solving and decision-making.
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Logistics means creating an efficient assembly line.
A.
True
B.
False
Answer:
False
Explanation:
The answer is false.
The answer is B. False. This is false but kind of true considering an assembly line is complex and moving supplies. Logistics deals with how things get to their destination, are stored, or are collected. Anyways it is False
two of the most prominent leaders of the chicano movement whose focus was farm workers and labor issues were _____ and _____.
Two of the most prominent leaders of the Chicano movement whose focus was farmworkers and labor issues were César Chávez and Dolores Huerta.
The Chicano Movement, part of the various social movements that emerged in the 1960s and 1970s, is perhaps best known for César Chávez's work in California with the United Farm Workers of America. human rights activist who dedicated his life's work to what he called a cause,the struggle of farmworkers in the United States to improve their working and living conditions.Dolores Huerta is credited with negotiating thousands of labor contracts that provide farmworkers with better wages and working conditions. In 1972, it renamed itself the United Farm Workers.
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Consider two local banks. Bank A has 86 loans outstanding, each for $1.0 million, that it expects will be repaid today. Each loan has a 4% probability of default, in which case the bank is not repaid anything. The chance of default is independent across all the loans. Bank B has only one loan of $ 86 million outstanding, which it also expects will be repaid today. It also has a 4% probability of not being repaid. Calculate the following:a. The expected overall payoff of each bank.b. The standard deviation of the overall payoff of each bank.( round to 2 decimal places)
You can predict how much a stock's price may increase or decrease in the future by calculating the standard deviation for that investment.
How much does the overall standard deviation differ?
A measure of the process's overall variation, the overall standard deviation is the average standard deviation of all the measurements. If your data are properly gathered, the systemic variance is fully represented by the total standard deviation.
We calculate standard deviation for what reasons?
How widely distributed the data is from the mean is indicated by the standard deviation. Data that are concentrated around the mean have a low standard deviation, while data that are more widely dispersed have a high standard deviation.
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Why is it so necessary to have a freely elected government for democratic capitalism to create a prosperous and fair economy
Explanation:
Free elections are a mechanism for limiting corruption. A government sets rules that govern the marketplace. To ensure that these rules don't create unfair advantages or limit the abilities of producers and consumers, democratic societies elect the people who will represent them. When representatives are not elected, there is less accountability to the people and therefore a greater risk that representatives won't set rules in the interests of the people, including rules around commerce.
Why is it helpful to include milestones when setting personal performance goals. a) Including milestones allow one to explore many diverse interests before setting personal performance goals. b) Including milestones sets a long-term vision of where one wants to be in ten years. c) Including milestones allows one to use several short-term achieveable tasks to achieve one long-term goal. d) Including milestones allows one to measure one's performance in miles.
Answer:
c) Including milestones allows one to use several short-term achieveable tasks to achieve one long-term goal.
Explanation:
In this regard, we can relate the inclusion of milestones when defining personal performance goals to SMART goals, which is a method used to better target which actions will lead to the achievement of your goals and objectives.
SMART goals include milestones that allow you to use a variety of short-term, achievable tasks to achieve a long-term goal.
The acronym SMART stands for: Specific, Measurable, Achievable, Relevant and Time-based.
Which implies that the goals must be specific, they must be planned as clearly as possible. Measurable because they must be measured and monitored to analyze the performance of the tasks required to reach the goal. It must also be attainable, which means that the goal must be planned only if there are real possibilities to be achieved. Relevant to achieving motivation and ultimately time-based, as every goal must have a deadline for reaching it.
Answer:
c
Explanation:
What is cash flow?...................................
Answer:
Cash flow is the net amount of cash and cash-equivalents being transferred into and out of a business. At the most fundamental level, a company's ability to create value for shareholders is determined by its ability to generate positive cash flows, or more specifically, maximize long-term free cash flow
Explanation:
what is my profit margin ratio if my net income is $294 and my net sales is $3800
Answer:
Explanation: Net Sales = $3800
Net income= $294
Profit margin ratio= Net income/Net sales x 100
=$294/$3800 x 100
=7.73%
cost centers can be a drain on an organization. could internal charge backs be implemented? present specific ideas.
Yes, internal charge backs can be implemented to help mitigate the impact of cost centers on an organization.
Internal charge backs are a mechanism that allocates the costs of a cost center back to the departments or business units that are responsible for generating those costs.
Here are some specific ideas for implementing internal charge backs in an organization:
1) Develop a clear understanding of the costs associated with each cost center. This includes not only direct costs but also indirect costs such as overhead.
2) Establish a clear allocation method for each cost center. This should be based on a fair and reasonable method of allocating costs, such as the use of activity-based costing or cost driver analysis.
3) Implement a system for tracking and reporting the costs of each cost center. This may include using a software system, such as an enterprise resource planning (ERP) system, or a manual system using spreadsheets.
4) Communicate the internal charge back system to all business units and departments. This should include how the costs are calculated and how the charges are to be paid.
5) Regularly review and adjust the internal charge back system as necessary. This may be necessary due to changes in the organization's structure, changes in the cost centers, or changes in the methods used to allocate costs.
By implementing internal charge backs, an organization can better control the impact of its cost centers on its financial performance, and ensure that each business unit is held accountable for its own expenses.
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50 pts! I really need help on this. Ignore the distribution part. Dont waste my points ;-; Will give Brainliest
Market Analysis: Research three countries you would like to distribute your game to and summarize the games, their prices, and how they are distributed in those markets (your competition). If you find that you might have chosen a market that is already too competitive, this is the time to identify another country and change your plan.
Countries I chose:
Japan
United States
Great Britain (UK)
Answer:
Japan 183-192billon dollars per year
USA 18.4 billion dollars
UK 5.05billion dollars
At i = 12% per year compounded semiannually, determine the
present worth of the cash flows if year 1 cost is $800, year 2 is
$700, year 3 is $600 and so on till year 6 where cost is $300.
The present worth of the cash flows is $2,497.69 at an interest rate of 12% per year compounded semiannually.
To determine the present worth of the cash flows, we need to use the formula for present value of an annuity. An annuity is a series of equal payments made at equal intervals of time. In this case, the payments are made annually and the interest is compounded semiannually.
The formula for present value of an annuity is:
PV = PMT x ((1 - (1 + r/n)^(-nt)) / (r/n))
Where PV is the present value, PMT is the payment amount, r is the annual interest rate, n is the number of times interest is compounded per year, and t is the number of years.
In this problem, we have six payments that decrease in value each year. The first payment is $800, the second payment is $700, and so on until the sixth payment which is $300. We can find the total present value by finding the present value of each individual payment and adding them together.
Using the formula above with r = 12%, n = 2 (since interest is compounded semiannually), and t = 6, we can find the present value of each payment:
PV1 = $800 x ((1 - (1 + 0.12/2)^(-2*1)) / (0.12/2)) = $702.94
PV2 = $700 x ((1 - (1 + 0.12/2)^(-2*2)) / (0.12/2)) = $567.15
PV3 = $600 x ((1 - (1 + 0.12/2)^(-2*3)) / (0.12/2)) = $447.69
PV4 = $500 x ((1 - (1 + 0.12/2)^(-2*4)) / (0.12/2)) = $343.57
PV5 = $400 x ((1 - (1 + 0.12/2)^(-2*5)) / (0.12/2)) = $254.87
PV6 = $300 x ((1 - (1 + 0.12/2)^(-2*6)) / (0.12/2)) = $181.47
Adding these values together, we get the total present value:
PV = $702.94 + $567.15 + $447.69 + $343.57 + $254.87 + $181.47 = $2,497.69
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Which of the following is a reason to use a full-service investment firm instead of a discount investment firm
The reason to use a full-service investment firm instead of a discount investment firm is because of years of experience and guidance.
Full-service investment firmA full-service investment firm is a type of firm or a broker which provides the best and authentic services to its clients.
They are licensed firm that offers a variety of services to the client in a transparent and fair manner.
Some of the services are retirement planning, investments and savings, tax tips and advice, researches, etc.
These firms offer proper guidance to their clients and have years of experience in the field.
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A government adopts a less progressive rate on income taxes. According to
the table, which citizen is more likely to pay a larger percentage of his or her
income in taxes as a result of this fiscal policy?
Citizens
Citizen A: A wealthy business owner
Citizen B: A poor farmer
A. Neither citizen
B. Citizen A
C. Citizen B
D. Both citizens
A wealthy business owner is more likely to pay a higher percentage of his or her income in taxes under progressive rate on income taxes.
what is progressive tax system?Progressive tax system refers to a tax system that increases tax rate as the taxable income increases.
For example, a progressive tax system would increase the tax rate from 3% to 20% if the income bracket of the individual increases.
Therefore this type of tax system favors individuals in lower income bracket as they pay less with respect to percentage of their income when compared to wealthy individuals
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Answer:
its citizen B
Explanation:
took the test
as in the adm case, all that companies have to do to fix price is to agree on the price for which the companies will sell the product. True or False
As in the ADM case, all that companies have to do to fix the price is to agree on the price for which the companies will sell the product. This statement is False.
A price is the amount of payment or compensation given by one party to a {different} reciprocally for a product or service. In some situations, the value of production incorporates a different name. If the merchandise could be a "good" within the industrial exchange, the payment for this product can possibly be known as its "price".or every man has his price. aforesaid to mean that everyone may be persuaded to try to do one thing dishonest or immoral if they're offered an outsized enough quantity of money. whereas it should not be true that each man has his price, there are continually people who have. simple Learning Idioms Dictionary.
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Question 1
25 pts
Client 1: When I was three years old, I started making candy with my grandrłother.
I am now 10 and I want to sell chocolate candy with a farm theme to my friends and
family. My product ideas include Brown Cows (chocolate cows on a stick), Pigs in
Mud (marshmallow dipped in caramel, nuts and chocolate) and Farm Eggs (jelly
beans dipped in chocolate). The start-up expenses for my business are pretty small: a
few candy molds, candy and chocolate.) My parents have agreed to loan me the
money I will need and to let me work in the family kitchen. Schoolwork has to take
priority over business so if I have more sales than I can handle, I will probably ask
friends or my older brother to help. My brother is also pretty good at math and
computers so he could help me with keeping track of my expenses and advertising. I
really like the product development and packaging part of the business.
Answer:
This is an absolutely great idea. The only problem is where are you planning to hold your Business? Where are you selling these candies? How will you spread the word? What can you do to make sure people come back and want more of your product?
Explanation: I always wanted to sell candy when I was little but never pulled the trigger on it. For starters I think you should make the names a bit more of a friendly connotation so people don't assume the worst of your product. Your best bet to sell your items and candies would be at school. Now to be honest more kids are carrying money around now than they ever had when I was in elementary-middle school. This is your best bet. Make sure when you are selling your candies to not go in debt with your business, so many people I know tried this and failed because they put way more money then they were making because they thought it would pay off. Yes sometimes take the risk but almost always if your just trying to make a couple bucks, take it easy and sell for a reasonable price. If it costs about $10 to make "Brown Cows" for about 20 people then sell each brown cow for $1.25 per stick. If you have 20 people who are willing to buy you would make 15 dollars profit. Final thing is actually finding people to sell to. Most people go at these type of things alone which I think is a great idea. But if you want to get the word out even more tell a popular kid that you will pay him 5 for every 20 "Brown Cows" he sells. You can really pay him anything you want as long as your not going over your profit margin! Good luck and I would love to know how this goes!