An effective business plan analyzes the competition and identifies the resources required to profitably serve a target market. true or false

Innovative Components is a manufacturer of computer parts. The company recently reported earnings of $2,014,802. In addition, Innovative Components has 402,500 shares issued and outstanding. The company has a PE ratio of 24.6.

An actor invests some money at 8 %, and $39000 more than twice the amount at 10 %. The total annual interest earned from the investment is $39460. How much did he invest at each amount? Use the six-step method.

Botanical Gardens Nursery has 6,800 shares of stock outstanding at a market price of $21 a share. The earnings per share are $1.54. The firm has total assets of $315,000 and total liabilities of $186,000.

On January 1, 2021, a company issues $720,000 of 8% bonds, due in six years, with interest payable semiannually on June 30 and December 31 each year. Assuming the market interest rate on the issue date is 7%, the bonds will issue at $754,788.

A fast-food chain wanted to add a new product to its breakfast menu. The company considered a pancake shaped like a muffin. The problem was determining how a customer would add syrup to the pancake while eating and driving.

A congresswoman from a state with several steel-rod factories explains that it is necessary to impose trade restrictions, such as a tariff, on the steel-rod industry to protect workers in the domestic steel-rod industry.

Using The Wall Street Journal for "good value" stocks, you have calculated expected returns for five stocks. Assume the risk-free rate is 7% and the market risk premium is 2%.

The demand curve slopes downward because of diminishing marginal returns. diminishing marginal utility. diminishing returns to scale. increasing marginal costs. increasing returns to scale.

At a garment manufacturer, all cutting machines are grouped together in one area, whereas sewing machines are grouped together in another area, and pressing machines are arranged in still another area. what type of layout does this suggest?

An effective business plan analyzes the competition and identifies the resources required to profitably serve a target market. true or false