Answer:There are five kinds of risk that entrepreneurs take as they begin starting their business. Those risks are: founder risk, product risk, market risk, competition risk, and sales execution risk. Founder risk considers who the founders of the company are, if they get along, and how they will work for the company.
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Explanation:
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Answer:
The computations are shown below:
Explanation:
Return On Assets = Net income ÷ Average Total Assets × 100
where,
Average of Assets = (Beginning Total Assets + Ending Total Assets) ÷ 2
= ($75,183 + $116,371) ÷ 2
= $191,554 ÷ 2
= $95,777
So, the return on investment is
=$25,922 ÷ $95,777 × 100
= 27.06%
Profit Margin = Net income ÷ Sales × 100
= $25,922 ÷ $108,249 × 100
= 23.95%
Assets Turnover = Sales ÷ Average of Total Assets
= $108,249 ÷$95,777
= 1.13
The answer is a bachelor's degree.
Answer: Generally Accepted Accounting Principles (GAAP or US GAAP) are a collection of commonly-followed accounting rules and standards for financial reporting
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