Amy Clark is using a technique known s bootstrap.
The term "bootstrapping" is used in business to describe the process of launching and expanding a company using only readily accessible resources, such as personal finances, home computers, and garage space.
Starting a business from scratch without or with minimal outside investment is known as bootstrapping. By having the owner pay for and use the resources individually, it avoids using a pool of equity or large bank loans to finance small businesses.
According to the fundamental idea of bootstrapping, inference about a population from sample data (sample population) may be represented by resampling the sample data and performing inference about a sample from resampled data (resampled sample).
Learn more about bootstrapping at
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Answer:
3 years
Explanation:
One requires a minimum of 3 years working and providing opinions to be certified as a market researcher. The person will have gone through the formal college education first and acquired at least a bachelor's degree. Relevant degree programs for a market researcher include statistics, economics, mathematics, marketing, and business studies. They to be a member of a professional body.
Answer:
a) Parent's investment in the Subsidiary is reduced by $4,500.
Explanation:
The computation is shown below:
The balance in investment prior to the sale of securities is
= $150,000 × 90%
= $135,000
Now The balance in investment after to the sale of securities is
= (($150,000 + 24,000) × 75%)
= $130,500
Therefore Decrease in investment in Subsidiary is
= $135,000 - $130,500
= $4,500
Hence, the correct option is A.
Answer: Achievable
Explanation:
Executives must have an achievable objective for their employees. An objective is achievable when employees feel that it is measurable and there is a realistic chance it will be fruitful.
An achievable objective will make employees work hard towards its accomplishment but an unachievable objective will make employees loose focus as they will direct their attention towards something else.
Answer:
Option (D) is correct.
Explanation:
Overhead rate = Budgeted overhead ÷ budgeted direct labor hour
= $300,000 ÷ 30,000
Overhead rate = $10 per labor hour
Overhead applied:
= Overhead rate × Actual direct labor hours worked
= $10 per labor hour × 36,000
= $360,000
Therefore, the amount of overhead applied for the year is $360,000.