More than 50 percent of business owners started their own business in order to earn large sums of money. This statement is FALSE.
What is Small Business Management?
The coordination of personnel and processes is referred to as small-business management. Small business management is different from that of large firms, whose management is frequently compelled to concentrate on raising shareholder value and stock prices. The way your firm is run and how you fit into that model depend on how you define business management. When a small business first starts, the proprietor frequently does all or the majority of the work. For instance, a novice house painter may estimate, manage the marketing, paint, and maintain the books before finally employing subcontractors and later staff. Small-enterprise management at this stage involves preparing the business for expansion, which may entail employing and managing workers as well as contractors like an accountant, webmaster, or lawyer.
To know more about Small business management refer:
https://brainly.com/question/2394528
#SPJ4
Compare the sources of consumer credit travel and entertainment credit revolving check credit closed-end credit
Answer:
The source of consumer credit is credit obtained on services like banking, insurance and travel.
Explanation:
Source of consumer credit are savings, credit union, sales , life insurance and loans etc. Entertainment credit is a state provided naturla pension credit union its controlled by the members. Is a loan or a form of credit, where the fund is dispersed in full when the loan is closed and must be given back.which economic indicators most strongly suggest than an economy is experiencing the expansion phase of the business cycle?
The economic indicators that most strongly suggest that an economy is experiencing the expansion phase of the business cycle are as follows: GDP Growth Rate, Employment, Consumer Confidence, Industrial Production, Investment and Capital Spending.
1. GDP Growth Rate: The growth rate of gross domestic product (GDP) is a crucial indicator of economic expansion. When the GDP is growing rapidly, it suggests that the economy is experiencing an expansion phase.
2. Employment: When an economy is in expansion, it will generate jobs, lowering unemployment rates. Therefore, falling unemployment rates indicate that the economy is growing.
3. Consumer Confidence: Consumer confidence is critical to the expansion phase of the business cycle. A rise in consumer confidence suggests that individuals believe that the economy will continue to grow.
4. Industrial Production: Industrial production also a crucial economic indicator. Industrial production growth shows that there is increased demand in the economy, meaning that it is growing.
5. Investment and Capital Spending: When businesses are investing in the economy by increasing their capital expenditure, it indicates that they believe the economy will continue to grow. When companies invest, it leads to increased job creation and economic growth.
For more such questions on Employment
https://brainly.com/question/28239914
#SPJ8
ANSWER ASAP PLEASE Which statement describes a way to use credit responsibly?
paying attention to the APR
and not the
APY
paying only the minimum payment each month
opening several different credit accounts
o understanding the account's interest rate
Answer:
understanding the interest rate
Explanation:
i took the test
what dose productivity mean
Answer:
Productivity means, the act of doing consistent work.
Explanation:
Example: The Factory has gone up by 30% in the last year.
Jenna is working on her productivity so she could pass her class.
Now that you understand what investments are, you will search for three image examples that represent investments. You may choose to select images that represent the key concepts of investments, or examples of different types of
investments. In a short paragraph, explain why each of your selected images is an appropriate representation. Be sure
to follow proper image use and citation guidelines; click here for a quick review on these guidelines. In a second
paragraph, discuss the sources of each of your images and why they are reputable.
There are three main types of investments: Ownership, Lending, or cash. Ownership investments are the most volatile and profitable class of investment. Such as owning stock meaning owning a portion of a company. It may be a minuscule stake, but it's ownership. More broadly speaking, all traded securities, from futures to currency swaps, are ownership investments. Investors purchase them in order to share in the profits, or because they will increase in value, or both. Lending money is a category of investing. The risks generally are lower than for many investments and, consequently, the rewards are relatively modest. A bond issued by a company or a government will pay a set amount of interest over a set period of time. The only real risk is that the company or government will go bankrupt, in which case the bondholder may get little or none of the investment back. A regular savings account is an investment. The investor is essentially lending money to the bank. The bank will pay interest to the account holder and will earn its profit by loaning out the rest of the money to businesses at a higher rate of interest. These are investments are "as good as cash," which means that they can be converted back to cash easily and quickly. Money market funds are more liquid than other investments, meaning you can write checks out of money market accounts just as you would with a checking account. Although, once you start writing checks on it you've erased much of its value as an investment.
What Do Banks Do With Their Deposits?
Answer: When a person deposits money into their bank account, the bank can then lend other people that money. The depositing customer gains a small amount of money in return (interest on deposits), and the lending customer pays a larger amount of money to the bank in return (interest on loans).
Explanation: I think
25. A sale for which payment will be received at a later date. (p. 18)
Answer:
sale on account
Explanation:
When a sales is made and payment is expected at a future date, a sales on account occurs, e.g.:
January 2, 2020, 5,000 units sold at $10 each to ABC company, credit terms 2/10, n/30. Cost of goods sold is $30,000
Dr Accounts receivable 50,000 (5,000 x 10)
Cr Sales revenue 50,000
Dr Cost of goods sold 30,000
Cr Merchandise inventory 30,000
After the invoice is collected, the journal entry would be:
January 30, 2020, invoice collected from ABC company
Dr Cash 50,000
Cr Accounts receivable 50,000
8. Problems and Applications Q8
Consider an economy with two labor markets: one for manufacturing workers and one for service workers. Suppose initially that neither is unionized.
Which of the following will happen to the manufacturing labor market if manufacturing workers formed a union? Check all that apply.
The wage of manufacturing workers will rise.
The quantity of manufacturing workers demanded will fall.
The quantity of manufacturing workers supplied will rise.
There will be an increase in employment of manufacturing workers.
The quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise.
What does a union among workers represent in economy?In the macroeconomic model, a union among workers will increase the wage rate, thereby the supply of manufacturing workers will also increase.
This phenomenon is associated with a decrease in the demand and quantity of manufacturing workers.
In conclusion, the quantity of manufacturing workers demanded will fall, the wage of manufacturing workers will rise and the quantity of manufacturing workers supplied will rise if manufacturing workers formed a union.
Learn more about the macroeconomic model here:
https://brainly.com/question/23160076
#SPJ1
37. A simplistic approach to problem solving that assumes that each problem has a single solution is an example of
a. decision-making b. systems thinking c. linear thinking d. theory of change
38. The founder of scientific management
a. Taylor b. The Gilbreths c. Gantt d. Follet
39. Bob is the CEO's nephew. He has __________ power.
a. legitimate b. coercive c. information d. referent 40. The total sum of values, customs, traditions and meanings that make a company unique is an example of
a. the external environment b. the internal environment c. the corporate culture d. the industry sector
A simplistic approach to problem solving that assumes that each problem has a single solution is an example of c. linear thinking.
What is it?Linear thinking is a simplified problem-solving methodology that involves solving problems in a step-by-step linear way, with each step leading to the next.
The approach assumes that each problem has a single solution, which is often idealistic and naive.
38. The founder of scientific management is a. Taylor.
Scientific management is a theory that advocates for the use of scientific methods to improve efficiency in the workplace. The approach is focused on breaking down tasks into smaller parts and analyzing each part to find the most efficient way of performing it. Frederick Winslow Taylor is known as the father of scientific management.39. Bob is the CEO's nephew. He has a. legitimate power.
Legitimate power is power that an individual possesses due to their position or role in an organization.
Bob has legitimate power because he is the CEO's nephew.
40. The total sum of values, customs, traditions, and meanings that make a company unique is an example of c. the corporate culture.
Corporate culture is the sum of values, customs, traditions, and meanings that make a company unique.
It influences how employees interact with each other, with customers, and with the wider community.
To know more on corporate culture visit:
https://brainly.com/question/19564565
#SPJ11
Which type of promotion would you use to attract customers quickly with the help of coupons, samples, and free gifts?
(blank) is a way of promoting your products and attracting customers quickly with the help of free coupons, vouchers, samples, and gifts.
Answer:
Sales promotion
Explanation:
Sales promotions refer to the persuasive activities of convincing potential customers to buy a product. The objective of a sales promotion is to boost sales volumes. The tactics used in a sales promotion are designed to have a short term effect. However, a business may acquire long-term customers through sales promotion techniques.
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Answer:
Sales promotion may focus on customers by enticing them to buy. They may also target traders by encouraging them to sell more. The techniques used in a sale promotion include Money off coupons, Competitions, Free gifts, Loyalty cards, Discount vouchers, among others.
Explanation:
Describe the arrangement many parents and students make if the parent decides to take out a Parent PLUS Loan.
I NEED A ANSWER AS QUICKLY AS POSSIBLE I NEED TO TURN IN THIS TODAY
Parents of dependent undergraduates may use Direct PLUS Loans, which are federal loans, to aid with the cost of attending college or a career school. PLUS loans can help pay for educational expenses that other types of financial aid do not cover.
Are parents need to obtain a parental PLUS loan?A PLUS loan request from one parent only needs to be turned down. The student is not qualified for higher Stafford Loan limitations, though, if one parent is refused a PLUS loan while the other is authorized for one.
Is obtaining a parental PLUS loan simple?Although parent PLUS loans have fewer stringent credit standards than student loans from private lenders, your application could still be rejected if you have a poor credit history that will last for longer than a year. contracts for the sale of products worth more than $500.
To know more about Plus loans visit:
https://brainly.com/question/30015539
#SPJ1
the eisp component of provides informatino on the importance of infosec in the organization
The EISP component provides information on the importance of information security in the organization - True
Information on the significance of information security in the organisation is especially provided by the EISP (Enterprise Information Security Policy) component. The organization's general approach and structure for information security are described in the EISP, a policy document. Information security-related high-level declarations, objectives, duties, and recommendations are frequently included.
Even while the EISP may discuss the value of information security within the company, its main goal is to offer a thorough and organized framework for managing and protecting information assets. It assigns roles and duties, outlines procedures, and lays the basis for establishing and maintaining efficient information security practises across the organisation. It also defines the organization's security goals.
Read more about EISP on:
https://brainly.com/question/31562024
#SPJ4
Complete Question:
The EISP component provides information on the importance of information security in the organization - True/False
10. A person who selects, purchases, uses, or disposes of goods or services is
A. businessman
B. owner
C. consumer
D. buyer
Answer:
consumer
Explanation:
a consumer buys and utilizes merchandise
when consumed, many goods and services have an impact on other people not using the product. Which word describes this impact ?
A. appreciation
B. depreciation
C. externality
D. inflation
Answer:
Explanation:
depreciation
When consumed, many goods and services have an impact on other people not using the product. Depreciation word describes this impact. The correct option is B.
What does it mean to deprecate a product?Application developers who have already subscribed to a product may still use it after it is deprecated, but no new developers may do so. We disapprove of this use of company funds for political activities. to say that you disapprove of something.
In order to maintain backward compatibility and give programmers time to bring affected code into compliance with the new standard, features are deprecated rather than immediately removed. The following are some of the primary causes of depreciation: A more potent substitute feature has taken the place of the former feature.
Thus, the ideal selection is option B.
Learn more about deprecating a product here:
https://brainly.com/question/4591900
#SPJ2
Your brother has asked you to help him with choosing an investment. He has $5,000 to invest today for a period of two years. You identify a bank term deposit that pays an interest rate of 4.25 percent with the interest being paid quarterly. What will be the value of the investment in two years?
How to Apply the Rule of 72. According to the Rule of 72, $1 invested at a 10% yearly constant interest rate would increase to $2 after 7.2 years ((72/10) = 7.2). In reality, a 10% investment will double in 7.3 years ((1.107.3 = 2)).
How much entertainment, compounded annually, would it take to double a fund in six years?You may also calculate it backwards: divide 6 by 72 to get that a hobby charge of roughly 12 percent will be needed if you want to quadruple your money in six years.
What hobby costs how much per year if you want to double your money in three years?How to Apply the Rule of 72. For instance, the Rule of 72 stipulates If you want to double your money in three years, your investments must provide annual returns of between 21% and 24% (72/3 years). Similar to this, if you want to double your money in five years, your assets must grow at a rate of about 14.4% per year (72/5).
Learn more about investment here;
brainly.com/question/27717275
#SPJ1
When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by
Answer:
full (by painting his house)
Explanation:
When Rosco was unable to pay the $1,000 he owed Lyden, Lyden agreed to let Rosco paint Lyden's house in payment. When Rosco finished painting Rosco's house, the original obligation was discharged by full (by painting his house)
Reason -
(i.e. If Rosco is unable to pay $1000 then in that option he painted Lyden's house so he is discharged by painting his house )
An increase in government purchases will increase aggregate demand because:.
Answer:
Explanation below.
Explanation:
Think of it like this:
Consumption + Investment + Government Spending + Net Exports = AD
When Government spending goes up, it is increasing AD within (C+I+G+X), so AD shifts right.
HELP!! ACCOUNTING
What is the correct order of the steps for
adjusting entries?
O A. Journalize adjusting entries. Post
adjusting entries. Gather relevant
information.
O B. Journalize adjusting entries. Gather
relevant information. Post adjusting
entries.
O C. Gather relevant information.
Journalize adjusting entries. Post
adjusting entries.
O D. Gather relevant information. Post adjusting entries. Journalize adjusting entries.
C. Gather relevant information Journalize adjusting entries. Post
adjusting entries is the correct order of the steps for adjusting entries.
What are adjusting entries?
Adjusting entries are modifications to previously written entries in your diary. They specifically check that the data you have recorded corresponds to the appropriate accounting periods.
Journal entries keep track of how money flows into, out of, and between various accounts in your business.
Making an adjustment entry ensures that the operations of your company are accurately and timely recorded. Your records will show you paying for expenses before they are actually incurred or collecting unearned earnings before you can use the money if you don't make adjustment entries.
To know more about adjusting entry, refer:
brainly.com/question/13716497
#SPJ13
Find a product demonstration that educates people about a particular product. Describe that demonstration. Evaluate the demonstration by explaining whether it educated you about the product or simply tried to persuade you to buy the product.
Now, design your own product demonstration about a product you would like to investigate.
Answer:Dawn dish washing liquid has an ad that demonstrates how the product was used to clean the ducks and other wildlife that I had wheels stuck on their feathers after the gulf coast oil spill. It showed how the soap was strong enough to remove harmful oil, but gentle enough that it didn’t harm the delicate birds. This demonstration was highly effective because it educated the consumer on different ways to use Dawn dishwashing liquid
Explanation:
If the market value of property is $284,500 and the assessment ratio is 35%, what are the monthly taxes if the tax rate is 30 mills?
With a property market value of $284,500 and an assessment ratio of 35%, the monthly taxes would amount to approximately $248.94, assuming a tax rate of 30 mills.
To calculate the monthly taxes, we need to find the assessed value of the property first. The assessed value is calculated by multiplying the market value by the assessment ratio. Assessed value = Market value * Assessment ratio
Assessed value = $284,500 * 0.35 = $99,575
Next, we need to calculate the annual taxes by multiplying the assessed value by the tax rate.Annual taxes = Assessed value * Tax rate
Annual taxes = $99,575 * (30 mills / 1000) = $2,987.25
Finally, we can calculate the monthly taxes by dividing the annual taxes by 12.Monthly taxes = Annual taxes / 12
Monthly taxes = $2,987.25 / 12 = $248.94 (rounded to the nearest cent)
Therefore, the monthly taxes for the property would be approximately $248.94.
To learn more about market value click here
brainly.com/question/24358330
#SPJ11
When Krystal Ginger graduates from culinary school she dreams of opening her own Asian fusion restaurant. Her other passion is skiing in Colorado, where she schedules four or five trips each year. As her small business advisor, you believe it necessary to provide her with information that will help her make good business decisions. Which of the following would be helpful for Krystal to know?
A. Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
B. Restaurants are not the easiest type of business to start, but once you get it going, you will have plenty of time for skiing.
C. Most restaurant owners get rich if they open their own, independent restaurant as opposed to starting a franchised operation.
D. Franchised operations will take less time on the part of the owner than a regular independently owned operation. If she opens a franchise, she will have more time for creativity in the business, and more time for skiing too.
Answer:
The answer is A.) Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.
Explanation:
re-write the following paragraph in 2 ways to show the topic sentences emphasizing in one the good qualities and in the other the negative qualities. use transitional words to give a variety in sentence length. jennifer has a good knowledge of office procedures. she works hard. she has performed her job well. she is pleasant most of the time; but she has a bad temper, which has led to many personal problems with the work group. although i cannot recommend her for promotion, i approve a 5 percent raise for her.
One way to re-write the paragraph to emphasize the good qualities of Jennifer is:
"Jennifer is a valuable employee with a good knowledge of office procedures, a strong work ethic, and excellent job performance. In addition, she is generally pleasant to be around.
However, she does have a bad temper, which has caused some personal problems within the work group. Despite this, I believe she deserves a 5 percent raise, although I cannot recommend her for promotion at this time."
Another way to re-write the paragraph to emphasize the negative qualities of Jennifer is:
"Although Jennifer has a good knowledge of office procedures, works hard, and has performed her job well, her bad temper has led to many personal problems with the work group.
This has overshadowed her positive qualities and, as a result, I cannot recommend her for promotion. However, I do approve a 5 percent raise for her as recognition of her overall contributions."
Both re-writes use transitional words, such as "however" and "although," to give variety in sentence length and to smoothly transition between the different qualities of Jennifer.
To know more about transitional words refer here:
https://brainly.com/question/29775567#
#SPJ11
if input prices rise and as shifts to the left by 2,000 units at each price level, what will be the new equilibrium output level and price?
New equilibrium output level and price is 7000
What is equilibrium?
The state of a system when neither its state of motion nor its internal energy state tend to change over time. Demand and supply were in balance.
What are Equilibrium Output and Equilibrium Price Levels?
In short, it is the interaction of buyers and producers of all products that determines both national income (real GDP) and price levels. In other words, the intersection of Aggregate Demand (AD) and Aggregate Short Term Supply (SRAS) determines the short run equilibrium production and price levels.
How do you discover the equilibrium level of output?
E=C+I+G+NX [Aggregate demand is the sum of consumption, investment, government purchases and net exports. ] E=Y* [At equilibrium, total expenditure equals total income or total production.]
To know more about Equilibrium Output and Equilibrium Price Levels visit here:
https://brainly.com/question/29386858
#SPJ4
Bianca is a product engineer at Argon Inc. She learns that the salary she receives is less than that received by the other product engineers in the company with similar qualifications and job experience as hers. As a result, she becomes unhappy with her compensation and feels demotivated. She later talks to her manager and asks for a raise. In this scenario, Bianca has experienced problems with _____.
In this scenario in which Bianca is unhappy with her remuneration and feels unmotivated, it can be said that she had problems with her internal equity.
Definition of internal equityIn a work environment, it means the form of treatment and equal remuneration of employees, whether related to salaries, benefits or internal relationship.
Therefore, in an organization with internal equity problems, there may be conflicts, demotivation and an increase in employee turnover, being essential the analysis and effective decision-making of the leader to solve this issue.
The correct answer is:
Internal equityFind out more about internal equity here:
https://brainly.com/question/8067369
In a five paragraph essay compare the role of citizens in the federal government, and in your state and local governments. Be sure to include: a. Criteria for membership as a citizen b. Different types of elections c. Civic responsibilities and duties
Answer:
I think it's C)
Explanation:
Horst company has 50,000 stock options outstanding. The option exercise price is $13 per share, the average market price of the stock was $12 per share during the year, and the end-of-year stock price was $14. For the purpose of calculating eps, these stock options are multiple choice question. Neither dilutive nor antidilutive. Antidilutive. Dilutive
There are 50,000 exercisable stock options at Horst Company. The average market price of the stock over the year was $12 per share, the exercise price of the option is $13 per share, and the stock price at the end of the year was $14. These stock options are antidilutive when determining eps.
Activities that maintain or boost EPS and shareholder voting power are referred to as antidilutive. On the other hand, dilutive refers to the result of certain actions or activities that lower EPS. Dilutive actions decrease the ownership rights of current shareholders. When another security mechanism would normally erode the owners' ownership interests, several security instruments contain clauses or ownership rights that let the owners to buy more shares. These are frequently referred to as anti-dilution clauses. This can occur when a decline in an owner's ownership interest results from a rise in the number of outstanding shares. Due to additional shares being issued during a round of equity financing, the total number of shares outstanding may rise. Anti-dilution clauses give shareholders the right to preserve their ownership proportions in the event that additional shares are issued. When new shares are issued, the ownership of an existing shareholder is diluted.
Learn more about antidilutive here
https://brainly.com/question/19671991
#SPJ4
Before :110 After :143 percentage percentage
Answer:
19%
Explanation:
explain advertisement
Answer: Advertisement is a marketing communication. It is used to promote businesses and their products. Used to promote more effectiveness in a businesses profit and their sales. May be seen in the form of commercials or billboard announcements in everyday life.
what is the difference of communism and socialism?
A company paid dividends of $15,000, generated total sales of $845,000, and incurred total expenses of $792,000 in the current year. If ending retained earnings is $165,000, what was beginning retained earnings?
Answer:
The beginning retained earnings will be "127,000".
Explanation:
The given values are:
Total sales,
= $845,000
Company paid,
= $15,000
Total expenses,
= $792,000
Retained earning,
= $165,000
Now,
⇒ \(Retained \ earning \ this \ year = Profits-Dividends\)
⇒ \(=845,000-792,000 -$15,000\)
⇒ \(=38,000\)
and,
⇒ \(Beginning \ retained \ earnings = Ending \ RE-this \ year \ RE\)
⇒ \(=165,000-38,000\)
⇒ \(=127,000\)