All categories

3 years ago

Outline the benefit of running a business

Business

2 answers:

steposvetlana [31]3 years ago

7 0

Answer:

Explanation:

"Owning and running your own business can be more satisfying and fulfilling than working for someone else. Many successful small business owners find they enjoy the respect they earn from their peers for having the courage to go out on their own. Power. Don't be surprised if power is one of your goals."

JulijaS [17]3 years ago

3 0

Answer:

Owning a small business gives you certain lifestyle advantages. Because you're in charge, you decide when and where you want to work. ... In spite of high financial risk, running your own business gives you a chance to make more money than if you were employed by someone else. You benefit from your own hard work.

Explanation:

hope this helps

You might be interested in

Wendell’s Donut Shoppe is investigating the purchase of a new $40,000 donut-making machine. The new machine would permit the com

Komok [63]

Solution and Explanation:

Answer:1 The total annual cash inflows associated with the new machine for capital budgeting purposes is:

$=\$ 5200+(2000 * \$ 2.40 \text { per dozen })$

=$10000

Answer:2 The internal rate of return promised by the new machine to the nearest whole percent is:

Particulars Year Amount ($)

Cash outflow 0 -40000

Cash inflow 1 10000

2 10000

3 10000

4 10000

5 10000

6 10000

IRR 13%

=13% using IRR function in excel.

Answer:3 IRR=17%

with salvage value

Particulars Year Amount ($)

Cash outflow 0 -40000

Cash inflow 1 10000

2 10000

3 10000

4 10000

5 10000

6 22000

IRR 17%

using IRR function in excel.

5 0

3 years ago

Is a decline in the value of the real against the us dollar good for embraer, bad for embraer, or a mixed bag? explain your answ

avanturin [10]

The decline in value of the real towards the U.S. greenback changed into precise for Embraer due to the fact the components for the nearby jets cost much less once they were translated into reals, making it tremendously reasonably priced to produce. therefore, Embraer's earnings margins have been high.

A decline in value takes place in any 12 months in which the modern market fee of actual assets is less than its adjusted base year price as of the lien date, January 1.

A depreciating asset is an asset that has a restrained powerful existence and may fairly be predicted to say no in value over the time it's miles in use. equipment, gadgets,s and different gadgets along with computer systems and books are depreciating property.

For example, if an asset is used 40% of the time for a non-public motive, the deduction for its decline in value is decreased by 40%. The decline in fee of positive property costing $300 or less may be the value, this is, you may be entitled to an immediate deduction.

Learn more about the decline in value here

brainly.com/question/25297296

#SPJ4

3 0

2 years ago

Fallsview Glatt Kosher Caterers ran a business that provided travel packages, including food, entertainment, and lectures on rel

inessss [21]

Answer: The Contract is valid.

Explanation:

Under the UCC’s Statute of Frauds, transactions above $500 for goods cannot be made orally alone and have to be written in writing as well. This is the law that Rosenfield relied on.

However, Fallsview can argue that the Passover Retreat is not a Good, but rather a Service in which case it does not fall under the Statute.

The main bone of contention thereby becomes, if indeed it is a service or a good.

If it is a Hybrid of both, then the Court needs to decide if the services outweigh the goods involved.

From the text we see that the following were included in the package, food, entertainment, and lectures on religious subjects.

Food is the only good there and is outweighed by Entertainment and lectures on religious subjects.

As such, the contract is valid as it is for more service than good.

4 0

3 years ago

Read 2 more answers

On June 1, Royal Corp. began operating a service company with an initial cash investment by shareholders of $3,900,000. The comp

ankoles [38]

Answer:

$7,500,000 $4,400,000

Explanation:

Accrual concept requires to record the income and expenses in the period in which they are incurred rather when these get paid.

Cash basis accounting records the transaction when it gets paid.

Service Income $7,500,000

Expenses $3,100,000

Cash Dividend $820,000

Cash Basis

Income Statement

For two month ended 31 July.

Service Income $7,500,000

Expenses $0 (Expenses been paid In August)

Net Income ($7,500,000)

Accrual Basis

Income Statement

For two month ended 31 July.

Service Income $7,500,000

Expenses $3,100,000

Net Income ($4,500,000)

3 0

3 years ago

Durable ceramics, inc., provides inexpensive ceramic tile to builders of institutional buildings such as schools, prisons, and p

anzhelika [568]

Answer:

d. cost-less will go out of business, and durable will gain higher power over its customers.

Explanation:

Durable ceramics, inc will only reduce its prices if this is to its advantage. We live in a capitalist world where companies make decisions based on their own benefits. In this case, in order for Durable ceramics, inc to lower its prices and have no losses, it would expand its sales. In this way, Durable ceramics, inc would be able to capture customers from its competitors, and could make them go bankrupt.

Thus, we can conclude that if Durable ceramics, inc reduced its prices, Cost-Less would go out of business and Durable would gain greater power over its customers.

5 0

3 years ago