Revision questions 1. You intend selling files to a stationery business. Your projected sales figure for the year is 3000 files. The files cost you R1 600. These files make up 40% of your sales and your selling price is R2 each. Your budgeted operating expenses for the year is. Telephone R150 Advertising R300, Postage R200, Stationery R100, Rental R1200. Other running expenses R50 . 1.1 Calculate the variable costs and fixed costs and fixed costs. ​

Cash flow is often a problem for small businesses. how can an entrepreneur increase cash flow? a) locate lower-priced suppliers. b) forego sending in estimated tax payments to the irs c) shorten the terms on a bank loan to pay it off more quickly d) sell more low-margin items.

Alocal barnes and noble bookstore ordered 80 marketing books but received 60 books. what percent of the order was missing?

Robert black, regional manager for ford in texas and oklahoma, faced a dilemma. the ford f-150 pickup truck was the best-selling pickup ever, yet ford's headquarters in detroit had decided to introduce a completely redesigned f-150. how could mr. black sell both trucks at the same time? he still had "old" f-150s in stock. in his advertising, mr. black referred to the new f-150s as follows: "not a better f-150. just the only truck good enough to be the next f-150." this statement represents ford's of the new f-150.