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2 years ago

Identify the practices that help entrepreneurs achieve success in crowdfunding.

1 answer:

7 0

Crowdfunding is the practise of using small donations from a large number of people to fund a business that would not otherwise be possible. By gaining the required cash flow boost, these ventures can get off the ground or start new projects.

The majority of these campaigns take place on online platforms, have time limits for raising funds, and disclose specific monetary goals. Crowdfunding occurs when a "crowd" rather than one or two major investors funds a project or the business.

Crowdfunding is divided into four categories: rewards, donations, debt, and equity. To run a successful crowdfunding for the campaign.

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Materials purchased on account during the month amounted to $190,000. Materials requisitioned and placed in production totaled $

svetoff [14.1K]

The entry to record the transaction for materials requisitioned by the production department is to

Debit WIP $156,000

Credit Materials $156,000

Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.

To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.

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1 year ago

Firms that hire outside consultants can reduce the impact of moral hazard by: A. hiring work on a fixed-fee basis B. monitoring

marishachu [46]

Answer: Option C

Explanation: Moral hazard refers to a situation when an individual starts taking unnecessary avoidable risks, knowing that the potential loss will be bore by someone else.

In the given case right option is C, as the most effective way to avoid moral hazard is to hire those consultants who have a good image in market of not shirking and performing their duties well.

4 0

4 years ago

What is the main purpose of conducting an informational interview?

liberstina [14]

Answer:

Explanation:

3 0

3 years ago

a. Estimate the balance of the Allowance for Doubtful Accounts assuming the company uses 4.5% of total accounts receivable to es

solniwko [45]

Based on the information give the estimated balance of the allowance for doubtful accounts is $25,650.

a. Estimated allowance for doubtful accounts

Estimated allowance for doubtful accounts =$570,000×4.5%

Estimated allowance for doubtful accounts =$25,650

b. Adjusting journal entry

Dec 31

Debit Bad debt expense $13,650

($25,650-$12,000)

Credit Allowance for doubtful accounts $13,650

(To record bad debts expense)

c. Adjusting journal entry

Dec 31

Debit Bad debt expense $26,650

($25,650+$1,000)

Credit Allowance for doubtful accounts $26,650

(To record bad debts expense )

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3 years ago

You find the following corporate bond quotes. To calculate the number of years until maturity, assume that it is currently Janua

Natali5045456 [20]

The yield to maturity for the bond issued by Xenon, Inc. is 7.62%.

<h3>What is the yield to maturity for the bond issued by Xenon, Inc.?</h3>

The yield to maturity of a bond is the total return that would be earned if a bond is held to maturity.

The yield to maturity can be determined using a financial calculator:

Coupon = 7.1% = 0.071 x 2000 = $142
Number of years = 2042 - 2019 = 23
Price =0. 94387 x 2000 = 1,887.74
Full price = 2000

YTM = 7.62%

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2 years ago