Which of the following is an advantage of starting your own business?
Answer:
The most common reason people launch their own business is to be their own boss. Other benefits include flexibility, financial rewards, the opportunity to innovate, and a chance to impact your community. Still, there are serious risks to launching your own business, and you should carefully consider and plan before you take the leap.
Explanation:
The cell phone is one of the great innovations of recent decades. Yet the innovation has not come from any
one place. The list of manufacturers includes Samsung, Apple, Lenovo, LG, Sony, Nokia, BlackBerry, and
Xiaomi. These manufacturers operate in South Korea, the United States, China, Japan, Canada, and Finland.
The major parts suppliers are in over 20 countries. When your business competes on a global scale, it is more
important than ever
A) to lock up patents on early technology
B) to specialize and do one thing really well
C) to adapt and innovate
After analyzing the scenario, when your business competes on a global scale, it is more important than ever to adapt and innovate. Thus, option 'C' is the correct option.
How does innovation help business growth?With the introduction of originality to current product lines or business practices, market share, revenue, and customer happiness all grow. Innovation can also be utilized to introduce new automation technologies or modernize the business's operating systems. The process of business innovation is designed to add value to the company.
This value may be produced by opening up new income streams, increasing revenue via existing channels, developing efficiencies that save time, money, or both, or boosting output or performance. Businesses that don't adapt to shifting consumer demands and preferences will eventually become obsolete.
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The effect on the accounting equation of declaring a dividend that will be paid at a later date includes a(n):
Answer:
- decrease in stockholders’ equity
- increase in liabilities
Explanation:
The effect on the accounting equation of declaring a dividend that will be paid at a later date includes decrease in stockholders’ equity and increase in liabilities.
What is stockholders’ equity?Stockholders' equity describes the assets that are still held by a company after all liabilities have been paid. This amount can also be determined by adding share capital and retained earnings, less treasury stock. It is obtained by deducting total liabilities from total assets.
Share Capital plus Retained Earnings minus Treasury Shares equals Stockholders' Equity. This equation, also referred to as the investor's equation, requires you to first calculate the share capital and then determine the business's retained earnings.
The calculation of shareholders' equity takes into account four factors: outstanding shares, additional paid-in capital, retained earnings, and treasury stock. A firm has sufficient assets to cover its liabilities if shareholders' equity is positive; otherwise, it has more liabilities than assets.
Thus, decrease in stockholders’ equity and increase in liabilities.
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what are two examples of a direct to consumer marketing channel?
The two (2) examples of a direct to consumer marketing channel include the following:
Buying a product (good) from the Home Shopping Network.A customer ordering some products (goods) from the John and Harry food and gift catalog.What is marketing?Marketing simply refers to a strategic process which typically involves developing promotional techniques and sales strategies by a business firm to enhance the availability of products (goods) and services, in order to meet the demands, and unending needs of the end users (consumers) through advertising and market research.
In Business management and marketing, there are two types of marketing channels and these include the following:
Direct channel.Indirect channel.What is a direct channel?A direct channel can be defined as type of marketing channel that is devoid of a retailer, but comprises only two (2) parties, which includes the following:
A producer.A consumer.In this context, we can reasonably infer and logically deduce that a direct channel eliminates the wholesaler, retailer, distributor, broker or agent, and as such it is a marketing strategy that increases the level of sales within a specific period of time because it helps the customer to interface directly with the manufacturer of products (goods) and services.
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A stock issued by a stable corporation that generally attracts conservative investors is called a(n) _______ stock.
Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.
Blue-chip stocks refers to a type of stock investment which is well-established by reliable companies that has advantageous positions in their markets.
These type of firm which issues Blue-chip stocks are firm which has been successful in the industry and thus, rewards its shareholders with regular dividends.Therefore, the Blue-chip stocks are the stock issued by a stable corporation that generally attracts conservative investors.
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If Marco decides to sell his pet products through an online distribution company, such as Amazon, then what type of intermediary is this
Based on the type of business that Amazon engages in, we can conclude that they are Retailers.
A retail intermediary:
Sells directly to the customer Buys goods from wholesalers and producers Also buys from individuals who wish to sell goodsMarco is hoping to sell his pet products through an online distribution company which would make him a wholesaler and the company he sells through will be a retailer as a result.
In conclusion, this intermediary is a retailer.
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Plz help
Which investment strategy would work best if you wanted to make a lot of
money quickly?
A. Low risk, high return
B. High risk, low return
C. High risk, high return
D. Low risk, low return
Answer:
a. because if your risking small your return is still higher it doesn't matter if you risk acouple time and lose some because when your getting your return it's more then what you risked (I think)
Answer:
high risk high return.
Explanation:
PLEASE HELP RIGHT NOW
GIVING BRAINLESS!!!!!ONLY IF YOU HELP
Answer:
1)Flexible hours
2)Redistribution
3)Link
4)foundation
5)Nache
In a statement of cash flows, the sum of cash inflows and outflows is equal to:
When in the statement of cashflows, the cash inflows and the outflows are added, the result is the change in the cash balance.
The statement of cashflows shows the movement of cash in a company and how much cash the company is left with at the end of the period.
The statement includes:
Cash outflows which are deductions Cash inflows which bring in moneyCash outflows are denoted in negatives and when added to cash inflows, show the change in the cash that the company has / its balance.
In conclusion, adding the cash inflows and outflows shows the change in cash.
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suppose that a small-town theater has six potential customers and is looking to implement price discrimination depending on when customers want to attend. suppose the marginal cost of serving an additional customer is $1.50. the data provide information about the time of attendance and willingness to pay for a ticket.
Based on the information that can be gotten from the question, the price that should be charged by the theater for the matinee ticket will be $7.
From the complete information, when the price is $4 and the 3 customers enjoy the movie, the profit will be:
= ($4 - $1.5) × 3
= $2.5 × 3
= $7.5
Now, let's assume that the price charged is $7 and 2 customers enjoy the movie, the profit will be:
= ($7 - $1.5) × 2
= $5.5 × 2
= $12
Now, when the price is $12 and only 1 customer enjoyed the movie, the profit will be:
= ($12 - $1.5) × 1
= $10.5
It can be depicted that the profit of the theater will be at maximum when the price that is charged is $7.
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Purchased goods on credit Rs. 2,000 from hari at 10% trade discount
Answer:
SHE / HE HAS PURCHASED GOOD = 2000
CREDIT CARD
DISCOUNT = 10 %
[tex] \frac{10}{100} \times 2000 \: = \frac{10 \times 20}{1} = 200[/tex]
DISCOUNT YOU GOT IS 200
For the first part of this activity, you will be given a hypothetical monthly income, a list of your basic monthly bills, and a brief description of your living situation and daily life.Based on that information, you will create a monthly budget and financial plan that allows you to pay all of the necessary bills while also having enough money left over to live for the month.
You currently work as an elementary school teacher.
Your annual salary is $45,000
You bring home a weekly paycheck and your total monthly income, after taxes, is $2,850.00
You live alone in an apartment with the following bills:
Monthly rent: $1,000
Electric Bill: $82
Gas and Water: $44
Internet: $75
Other monthly bills include:
Cell Phone: $85
Student Loan: $200
Car Insurance: $130
Gym Membership: $20
Other details and expenses:
You live a pretty simple life. You are single and enjoy going out to dinner with friends once or twice a month.
You enjoy eating healthily and generally spend a good portion of your income on purchasing organic food. You like to grocery shop weekly and, on average, spend $100 per week.
You have a dog and he is due for a monthly check-up this month. You estimate this will cost around $150, but you have not scheduled the appointment yet.
You are relatively healthy and rarely visit the doctor, but you do have asthma that requires monthly inhalers. These are not covered by insurance and cost you $110 per month.
You love treating yourself to a movie. A movie ticket costs $10.
There is a concert that your friends have asked you to attend this month. Tickets are $250.
You opened a savings account several months ago and set a goal to deposit $200 into it each month.
Your Mom’s birthday is this month and you want to send her flowers. It will cost $75 to send her a beautiful bouquet.
The service light recently came on in your car. You have been avoiding taking it to the shop because you anticipate that it will cost anywhere from $150-$300. But if your car breaks down, you will not be able to get to work.
3750 take home monthly pay
if you have a salary that is the value for the whole year. Divide by 12 for each month to get the monthly take home gross pay.
45000/12 = 3750
According to the article, why might employers want to ensure that they have cause when terminating an employee?
Reasons to terminate an employee is because of sexual harrasment, Drug or alchohol use, damaging company property, or unethical behaviour and service.
Morgan Company issued cumulative preferred stock. What additional special feature(s) could also have been granted to preferred stock holders
Answer:
-The right to convert the shares to common shares
-The right to redeem the preferred shares for cash
The right to convert the shares to common shares, The right to redeem the preferred shares for cash are the additional special feature could also have been granted to preferred stockholders.
What is stockholders?A military campaign is a large-scale, drawn-out, all-encompassing military strategy plan that entails a number of connected military actions or engagements that are thought of as separate elements of a broader conflict that is often known as a war.
Various military operations were carried out in the Asiatic-Pacific Theater of World War II to force the Japanese to abandon specific islands. For instance, the Aleutian Islands Campaign came to an end when the Japanese left the islands. Military strategists design campaigns with a wide range of objectives in mind.
American soldiers from the U.S. 1ID may be seen boarding a Higgins Boat on Omaha Beach in the image titled Into the Jaws of Death.
Thus, The right to convert the shares to common shares.
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shares of stock previously sold by the corporation that are repurchased are called
Answer:treasury stock
Explanation:
Shares of stock previously sold by the corporation that are repurchased are called Treasury stock.
What is stock?A stock is a colloquial phrase for any product - market papers. , a share alludes to a certain stock's certificates. The holder becomes an investor if you possess shares of a specific corporation.
A stock that used to be in circulation but has since been bought back and is now owned by the corporation that issued it is referred to as equity security. Treasury stock is a counter-accounting concept since it lowers the overall investors' ownership on a financial sheet.
The federal stock decommissioned shares can indeed be reproduced; only stocks that are held in the capital can. Shares that are retired lower the group's overall number of authorized shares.
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Urban development that stresses nearby access to transportation for local urban centers, less car dependence, and the use of greener transportation options is more generally likely to be seen in Europe and in some major urban centers in the United States.
True
False
Answer:
True
Explanation:
Its true
Penny has been using the same brand of shampoo since her mother first bought it for her. She switches to another brand after her favorite actress endorses it. Which principle of influence does Penny's action illustrate
Based on the information the principle of influence that Penny's action illustrate is authority.
Authority is a principle that can influence a person to act in accordance with people in that are in a higher position or people that has the authority to make vital decision.
Based on the information given Penny's action illustrate Authority because she trust the actress based on her status.
Penny's believe that the actress is more reliable because she has endorse the brand and she felt complying with the actress will lead to a more favorable result that using the brand her mother first bought for her.
Inconclusion the principle of influence that Penny's action illustrate is authority.
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ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a ______.
If ABC purchased $500 of merchandise on account. ABC's journal entry to record this transaction includes a:
Debit to Inventory of $500
Credit to Accounts Payable of $500.
Based on the information given if the company purchased merchandise of the amount of $500 on account, the appropriate journal entry to record this transaction is:
ABC journal entry
Debit to Inventory of $500
Credit to Accounts Payable of $500
(To record merchandise on account)
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The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share is debit ______.
The entry to record the issuance of 100,000 shares of $0.10 par value common stock for $10 per share will be:
Debit Cash for $1,000,000.Debit common stock $10000Debit Additional paid-in-capital $990000.Based on the information given in the question, the amount that will be calculated for cash will be:
= 100000 × $10
= $1000000
Common stock will be:
= 100000 × $0.10
= $10,000
Additional paid in capital will be:
= $1,000,000 - $10,000
= $990,000
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