Ask question

Ask question

All categories

3 years ago

8

After startup, what is the single most important tool the small business owner has at his or her disposal for ensuring the succe

ss of the business? why is it so crucial?

1 answer:

SOVA2 [1]3 years ago

3 0

Isn't it a business plan?

You might be interested in

The managerial function of ______ involves monitoring performance, comparing it to goals, and taking corrective action when need

sleet_krkn [62]

Answer:

Controlling

Explanation:

Out of the many functions of management, controlling is an important managerial function. Controlling can be referred to as a managerial function that enables the achievement of results as it relates to set goals. This function involves the measurement of progress for the purpose of achieving organizational goals. It helps to ensure that subordinates and managers inclusive are doing what is necessary, identify errors and take corrective measures to meet up to the standard.

3 0

4 years ago

7. Identifying costs of inflation

Kobotan [32]

Answer:

C. Shoesleather costs

Explanation:

Shoe-leather costs refer to the time, energy and effort people take such as holding less amount of money and going to the bank quite often to make deposits in order to counteract the effect of inflation on the eroding purchasing power of money.

In order to prevent the value of money in her cash register from falling too quickly, Juanita sends an employee to the bank four times per day to make deposits in an interest-bearing account that protects the store's revenues from the effects of inflation.

Hence, this is an example of the Shoes-leather costs of inflation.

6 0

3 years ago

The free-market system of capitalism was defended in the book the wealth of nations by.

aleksandrvk [35]

Adam smith is the correct answer.

3 0

3 years ago

Seafood restaurant company pays income and other taxes collected by

SpyIntel [72]

Taxes are collected by national tax collector agencies

6 0

4 years ago

On January 1, 2020, Baker Corp. purchased $70,000 of Chocolate Inc. bonds. These bonds pay 5% interest annually on December 31 a

Rus_ich [418]

Answer:

January 1, 2020

Dr Investment in Chocolate Inc. bonds 70,000

Dr Discount on investment in bonds 2,769.46

Cr Cash 72,769.46

December 31, 2020

Dr Cash 3,500

Cr Interest revenue 3,274.63

Cr Discount on investment in bonds 225.37

December 31, 2020

Dr Cash 3,500

Cr Interest revenue 3,284.77

Cr Discount on investment in bonds 215.23

carrying value on December 2021 = $73,210.06

Explanation:

the market price of the bonds:

PV of face value = $70,000 / (1 + 4.5%)¹⁰ = $45,074.94

PV of coupon payments = $3,500 x 7.91272 (PVIFA, 4.5%, 10 periods) = $27,694.52

market price = $72,769.46

discount amortization = ($72,769.46 x 4.5%) - $3,500 = $225.37

discount amortization = ($72,994.83 x 4.5%) - $3,500 = $215.23

7 0

3 years ago