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Andrej [43]
3 years ago
14

Which of these assumptions can an entrepreneur safely make when planning a start-up? Check all that apply.

Business
2 answers:
spin [16.1K]3 years ago
7 0

Answer:

It is important to have a thorough knowledge of the product.

Thorough planning and sound strategy do not guarantee a business’s success.

Raising funds is necessary but may involve personal risk.

Ivanshal [37]3 years ago
4 0
Planning a start-up is one of the most difficult things that a new entrepreneur does when the business is not properly structured. However, some assumptions have to be made in the beginning and these are: It is important to have a thorough knowledge of the product and Customers exist for every product.
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A 20-year loan of 2,500 is repaid with payments at the end of each year. Each of the first ten payments equals 175% of the amoun
Firdavs [7]

Answer:

The answer is 156.25

Explanation:

In the 1st year:

- Interest: 2,500 x 5% = 125

- Payment amount: 125  x 175% = 218.75

- Principal: 218.75 - 125 = 93.75

Hence, the principal payment in 20 year loan as follow:

10 x 93.75 + 10 x X = 2,500

=> X = 156.25

4 0
3 years ago
Harrington Corporation produces three products, A, B, and C. Pertinent information on these products is as follows: ProductSelli
Over [174]

Answer:

Labour hours constraint :  2a + 2b + 3c ≤ 150

Explanation:

<em>Linear programming is a mathematical model that is used to solve a problem when a firm wants to maximize profit in the midst of multiple resource constraints.</em>

The following steps should be followed:

<em>Step 1: Define the variables</em>

a= the units of product Anchor

b=  the units of product Bearing

c= the units of product Casting

<em>Step 2: Define the constraints:</em>

The constraints represent the limitations which could be resource; in this case machine hours and direct labour hours. Since the constraint in focus is labour hours , so we only consider it.

Subject

Constraints:  Labour hours : 2a + 2b + 3c ≤ 150

Non-negativity constraints a, b , c ≥ 0

Since the total available labour hours is 150 hours then the total consumption hours can either be equal to or less than 150, but can never be higher than 150.

The labour hours constraint  is represented by 2a + 2b + 3c ≤ 150

8 0
3 years ago
The Durham-Mills Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespre
forsale [732]

Answer:

False

Explanation:

The Otis Self-Administering Test of Mental Ability was the first group-administered mental ability test to have widespread use in industry.

This test was first developed in 1922 by Arthur Otis. It was first designed to measure students' general school abilities. Otis's first tests were designed for the Army in 1917 and were known as the Alpha tests (for those who could read) and the Beta tests (for those who couldn't read).

7 0
3 years ago
]the cycle in which money changed hands resulted in profits for businesses and salaries for workers.
Georgia [21]

The cycle of money where it results to profits for business and salaries for workers are when we pay money for the services or things that we buy and this ends when we receive the items and services we need. Cash conversion is also another term for this cycle.    

7 0
3 years ago
On January 1, 2018, the Moody Company entered into a transaction for 100% of the outstanding common stock of Osorio Company. To
Nikolay [14]

Answer:

$800

Explanation:

$800 = $400 cash + ($1.0 x 40 shares) common share + ($9 x 40 shares) adjusted price in common shares

3 0
3 years ago
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