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fgiga [73]
1 year ago
9

scarlett is graduating from culinary school soon and she often imagines opening her own comfort food restaurant. her other passi

on is skiing in colorado, where she travels to four or five times every year. as her small business advisor, you believe it necessary to provide her with information that will help her make good business decisions. what information would be helpful for scarlett to know?
Business
1 answer:
amm18121 year ago
3 0

Scarlett is graduating from culinary school soon and she often imagines opening her own comfort food restaurant, Restaurants are relatively easy businesses to start, but are labor intensive and also have the greatest failure rate.

<h3>Which characteristics best characterize the personality attributes of an entrepreneur?</h3>

Persuasiveness is one of the 6 Personality Traits Identified by Successful Entrepreneurs. Salesmanship is at the top of the list of qualities that successful entrepreneurs must possess, according to none other than Mark Cuban, owner of the Dallas Mavericks and Shark Tank investor.

Flexibility.

Creativity.

Self-motivation.

Tenacity.

Passion.

<h3>Why is the US economy so dependent on small businesses?</h3>

Two-thirds of new jobs are created by small firms, which also contribute 43.5% of the country's GDP (GDP). Small businesses not only drive innovation but also maintain a healthy economy. Per employee, small businesses issue 16 times more new patents than do major patenting companies.

To Know more about Salesmanship

brainly.com/question/8144264

#SPJ4

You might be interested in
A company estimates that 0.7% of their products will fail after the original warranty period, but within two years of the purcha
Usimov [2.4K]

Answer:

The company's expected value of each warranty sold = $45.55

Explanation:

x = Resulting value for the company of replacing a failed product = Price two-year-extended warranty - Replacement cost = $48 - $350 = -$302

y = Resulting value for selling extended warranty to a product that does not fail = Price two-year-extended warranty = $48

Px = Probability of X occurring = 0.7%

Py = Probability of y occurring = 100% - Px = 100% - 0.7% = 99.30%

Therefore, we have:

The company's expected value of each warranty sold = (x * Px) + (y * Py) = ((-$302) * 0.7%) + ($48 * 99.30%) = $45.55

8 0
4 years ago
The Herjavec Co. just paid a dividend of $1.85 per share on its stock. The dividends are expected to grow at a constant rate of
ycow [4]

Answer:

Current price : $24.05

Price in 3 years : $27.05

Explanation:

The Current stock price of Herjavec Co will be determined by the formula given below;

Po = [Do (1 + g) ] / (r - g)

Po = Current price

Do = Current dividend

r = Rate of return

g = growth of dividend

Po = ($1.85 * 1.04) / (0.12 - 0.04)

Po = $1.924 / 0.08

Po = $24.05.

The stock price of Herjavec Co after 3 years will be determined by the formula given below;

P3 = Do (1 + g)^4 / (r - g)

P3 = [$1.85 * (1.04)^4] / (0.12 - 0.04)

P3 = $27.05

5 0
4 years ago
Lowden Company has a predetermined overhead rate of 160% and allocates overhead based on direct material cost. During the curren
sleet_krkn [62]

Based on the direct materials cost and the predetermined overhead rate, Lowden company should apply an oevrhead cost of $128,000.

<h3>How much overhead should be applied?</h3>

This can be found as:

= Direct materials x Predetermined overhead rate

Solving gives:

= 80,000 x 160%

= $128,000

In conclusion, the overhead cost to be applied is $128,000.

Find out more on predetermined overhead rates at brainly.com/question/26372929.

#SPJ1

3 0
2 years ago
Assume that a company’s dividends per share are projected to grow at 2% each year, its next year’s dividends per share is $1.80,
Alborosie

Answer:

P0 = $60

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D1 / (r - g)

Where,

D1 is dividend expected for the next period /year

g is the growth rate

r is the required rate of return or cost of equity

P0 = 1.8 / (0.05 - 0.02)

P0 = $60

6 0
3 years ago
The _____ perspective, also called knowledge management, views knowledge as the main driver of competitive advantage.Selected An
kkurt [141]

Answer:

organizational learning

Explanation:

As the name suggest, the organizational learning deals with the learning perspectives in an organization by transferring, retaining the knowledge.

The organization needs to adopt the changes via technology, innovative ideas according to the needs and the requirement so that the organization can gain the competitive advantage through which it can achieve its goals and the objectives in an efficient and effective manner

3 0
4 years ago
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