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Anestetic [448]
3 years ago
14

In order to ensure success, what are the five rules you need to follow before going into business for yourself

Business
1 answer:
Citrus2011 [14]3 years ago
3 0

Answer:

Five rules are:

1. Set or create goals that motivate the person

2.Set or create SMART goals

3. Set goals in writing

4. Make an action plan

5. Stick with it

Explanation:

The five rules required to follow before entering into the business:

1. Set or create goals that motivate the person - The first and foremost rule is to set or establish the goals which motivate the person which means, that the goal should be important to the person and there is value in accomplishing them.

2. Set or create SMART goals - It means the goal to be specific, measurable, attainable, relevant and time bond.

3. Set goals in writing - The goal in writing is an physical act which makes the goal tangible as well as real.

4. Make an action plan - This rule focussed on the outcome or output which the person forgets to plan, required along the way.

5. Stick with it - Last and final rule is that the person should stick with the goal as well as the plan in order to going into the business.

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After preparing its financial statements for June, Pinnacle Corporation realizes that its income statement shows total revenues
solniwko [45]

Answer:

The answer is: The total liabilities and equity will be $1,000 higher than the total assets amount, so the balance sheet will not be balanced.

Explanation:

If the income statement overstated revenue by $500 and understated expenses by $500, that will result in $1,000 in "fake" profit. If profit is overstated by $1,000 then the balance sheet will also be altered. The total liabilities and equity will be $1,000 higher than the total assets amount. The balance sheet will not be balanced.

6 0
3 years ago
ABC Machine
Mumz [18]

Answer:232165

Explanation:

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6 0
3 years ago
If tea and coffee are substitute goods, which of the following is likely to occur if the price of coffee has increased?
Nadya [2.5K]

Answer:

A. The demand curve for tea shifts to the right

Explanation:

Demand is defined as the measure of sensitivity of quantity demanded is a group with changes in price.

However when there is an increase or decrease in demand as a result of other factors except for price it is called shift in demand.

In the given scenario if the price of coffee increases, it will result in less amount of coffee being demanded. People will look for a substitute (tea).

Demand for tea will increase as a result of shift of the demand curve for real to the right.

This is illustrated in the attached diagram.

6 0
4 years ago
Read 2 more answers
The sun....... (rise) at 6.04 this morning​
inna [77]

Answer:

the sun <em><u>rose</u></em> at 6.04 this morning

Explanation:

hope it helps

ps: mark as brainliest

7 0
3 years ago
Your grandfather wants to establish a scholarship in his father’s name at a local university and has stipulated that you will ad
algol13

Answer: The correct answer is $333,333.33

Explanation: Perpetuity is a cashflow that is payable or receivable forever.

In calculating the present value of a Perpetuity, the cash flow will be divided by the rate.

That is $15,000/ 4.5%

=$15,000/ 0.045

=$333,333.33

The money to be set aside now to be able to pay $15,000 every year is $333,333.33

8 0
4 years ago
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