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2 years ago

Does mark zuckerberg believe in the thought that the endpoint is when you sell the company or go public

1 answer:

5 0

<span>Mark Zuckerberg does not believe in the thought that the endpoint is when you sell the company or go public; on the contrary, Mark Zuckberg stated in an interview with 60 Minutes that that's what other companies think. Mark Zuckerberg is more of a free thinker and strategist who makes his company decisions based on his own accord and the counsel from his top advisers. Yahoo once wanted to buyout Facebook, but Mark turned it down and still continues to succeed with Facebook to this day as the CEO. In my opinion, had Zuckerberg sold Facebook it would not have been his endpoint.</span>

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(BRAINLIST!!!!!)

zloy xaker [14]

1. FORGIVENESS - Cheryl received a student loan to pursue a degree to become a dental assistant. But unfortunately her school closed down due to legal complications. As Cheryl couldn't complete the course due to no fault of her own, Cheryl need not pay back the loan.

2. DEFAULT - Tom got a student loan to pursue a nursing science degree. But he couldn't manage his money well enough, due to which he was unable to pay back his loan.

3. WORK-STUDY - Sam is pursing an undergraduate program in Economics. He works as an assistant to the financial aid officer, which helps him earn $4000 annually. This helps him pay a few educational expenses.

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2 years ago

Read 2 more answers

Bluebird Mfg. has received a special one-time order for 15,000 bird feeders at $3 per unit. Bluebird currently produces and sell

Orlov [11]

Answer:

Net income will increase by $11,250

Explanation:

Provided information,

Current sales = 75,000 units which represents 80% capacity

Therefore, 100% capacity = $\frac{75,000}{0.8} = 93,750 units$

Fixed cost at 100% capacity = $1.25 $\times$ 93,750 = $117,187.50

Therefore,

Current net income

Sales = 75,000 $\times$ $7.00 = $525,000

Less: Variable cost = 75,000 $\times$ $3.50 = $262,500

Less: Fixed Cost = $117,187.50

Net Operating Income = $145,312.50

Now with the additional order, which is of 15,000 units the additional ideal capacity of 20% will be utilized, further no fixed cost will be incurred, as the entire fixed cost for 100% capacity is utilized, thus

Sales = 15,000 $\times$ $3 = $45,000

Less: Variable cost = 15,000 $\times$ $2.25 = $33,750

Net Income = $11,250

Thus, the net income will increase by $11,250

5 0

2 years ago

On Kyle Thomason’s $400,000.00 loan, the lender charges a 2-point service charge. In this situation, how much will Kyle have to

bearhunter [10]

Answer:

The answer is C

Explanation:

This is an interest expense.

In accounting, the rule is as follows:

Debit side increases asset and expenses while credit side decreases liability, shareholders' equity and sales or revenue.

Credit side decreases asset and expenses while credit side increases liability, shareholders' equity and sales or revenue.

2 points on $400,000 means the interest charge is 2 percent on $400,000.

So we have 0.02 x $400,000

$8,000.

It will be a debit side because it is an increase in expense.

6 0

2 years ago

Read 2 more answers

Anderson Corporation predicts that this year's sales will total $7,500,000. The selling price for their product is $62.50 per un

Yakvenalex [24]

Answer:

$2,685,000

Explanation:

Sales = $7,500,000 ÷ $62.50

= 120,000 units

Contribution = Sales - Variable cost

= $7,500,000 - (120,000 × $38)

= $7,500,000 - $45,60,000

= $29,40,000

Net income (after taxes) = $165,750

Net income before taxes and interest:

= Net income (after taxes) × (100 ÷ 65)

= $165,750 × (100 ÷ 65)

= 255,000

Therefore,

EBIT = Contribution - Fixed cost

255,000 = $29,40,000 - Fixed cost

Fixed cost = $29,40,000 - 255,000

= $2,685,000

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2 years ago

Abba, Inc. is considering dropping a product line. During the prior year, the line had sales of $207,000 and a contribution marg

damaskus [11]

Answer:

Overall net income will decrease by $34,000.

Explanation:

Calculation to determine net operating income

Using this formula formula

Net operating income=Contribution margin -Avoidable costs

Where,

Contribution margin =$124,000

Avoidable costs= Salaries $60,000

+Advertising $20,000+Administrative expenses $10,000

Let plug in the formula

Net operating income=$124,000-($60,000+$20,000+$10,000)

Net operating income=$124,000-$90,000

Net operating income=$34,000 Decrease

Therefore If this product line is dropped overall net operating income will:decrease by $34,000

8 0

2 years ago