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Mila [183]
3 years ago
6

What are three skills you are likely to need as an entrepreneur?

Business
2 answers:
frutty [35]3 years ago
7 0

Answer:

1. Ambition. It is easy to give up when the going gets tough, but the most successful entrepreneurs persist because of their ambitious nature

2. Willingness to Learn.

3.Ability to Listen

finlep [7]3 years ago
5 0
Networking skills,organization skills, listening skills, and speaking skills hope that helps
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In a word document, conduct a cost-benefit analysis where you write all of the costs (monetary and non-monetary) and compare the
sineoko [7]

It should be noted that cost-benefit analysis is the way to compare the costs and benefits of a project expressed in monetary units.

<h3>What Is a Cost-Benefit Analysis?</h3>

A cost-benefit analysis is the systematic process which businesses use on order to analyze which decisions to make and the ones that will be forgo. The cost-benefit analyst simply sums the potential rewards that are expected from a situation and then subtracts the total costs that are associated with taking that action.

The major steps in a cost-benefit analysis

  • Specify the set of options.
  • Decide whose costs and benefits count.
  • Identify the impacts and select measurement indicators.
  • Predict the impacts over the life of the proposed regulation.
  • Monetize and place dollar values on impacts.

Before the class goes on a field trip to Walt Disney World in Orlando, it's important to conduct a cost-benefit analysis that will be used to evaluate all the potential costs and the revenues which the class might generate from the project.

Then, the outcome that is gotten from the analysis will determine whether the project will be financially feasible or whether the company can pursue another project.

Learn more about cost-benefit analysis on:

brainly.com/question/12530168

#SPJ1

7 0
2 years ago
18. In the current year, Marc, a single taxpayer, has ordinary income of $35,000. In addition, he has $3,000 in short-term capit
Sergio039 [100]

Answer:

$36,000

Explanation:

The computation of the adjusted gross income for the present year is as follows:

= Ordinary income + short term capital gain - short term capital loss + long term capital gain

= $35,000 + $3,000 - $6,000 + $4,000

= $36,000

Hence, the adjusted gross income for the present year is $36,000

The same is relevant

5 0
3 years ago
Mahogany inc. is a consulting firm. it reports its results on a cash-basis with a fiscal year ending june 30th. mahogany perform
Dimas [21]
<span>If these are the missing choices:
</span>A  :  the Securities and Exchange Commission, income principle  
<span>B  : GAAP, revenue recognition principle 
C  : GAAP, expense recognition principle 
D  : the IRS, tax principle </span><span>

My answer is: </span><span>B  : GAAP, revenue recognition principle  
</span><span>
The cash-basis is not in accordance with GAAP, and mahogany is in violation of the REVENUE RECOGNITION PRINCIPLE.

GAAP refers to Generally Accepted Accounting Principle. 

It is stated that income must be recognized when it is earned not when cash is received. Because the company is using cash-basis, they will only report income earned on July 12 when they received the money not when they earned it which is before their fiscal year ending June 30. 
They should recognized receivables from customers before closing the books for the fiscal year. </span>
6 0
3 years ago
Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product BC113 and 1,000
cupoosta [38]

Answer:

Follows are the instructions to this question:

Explanation:

Given:

Configuration of machine = \$16,000 \ \ \ \ 40  \ \ \ \ 25 \ \ \ \ 15

Machine hours= \$110,000  \ \ \ \ 5,000  \ \ \ \ 1,000 \ \ \ \  4,000

Order on Packing= \$30,000\ \ \ \  500 \ \ \ \ 150 \ \ \ \ 350

We have to use the following formula in order to measure the expected production overhead rate:

Estimated overhead production rate= Total projected production expenses and for period/Total base allocation sum

Machine Configuration =\frac{16,000}{(40+25+15)}= \frac{16,000}{80} =\$200 / \ setup

Machining hour= =\frac{110,000}{(5,000 + 1,000 + 4,000)} =\frac{110,000}{(10,000)}= \$11 / \  machine \ hour

Packing= \frac{30,000}{(500 + 150 + 350)}= \frac{30,000}{1000}= \$30/ \ order

6 0
2 years ago
Assume the initial present value of the payments on a lease are equal to the cost of the leased asset. This capital lease is rec
Whitepunk [10]

Answer: D) present value of the remaining lease payments.

Explanation:

When recording a capital lease in the balance sheet of the lessee, the amount recorded is the<em> lower amount </em>between the present value of the remaining lease payments or the cost of the leased asset.

As the <em>cost</em> of the leased asset is <em>equal</em> to the <em>initial</em> present value of the payments, the cost will therefore be higher than the current present value of the remaining payments so the appropriate amount to put in the balance sheet will be the current present value of the remaining lease payments.

4 0
3 years ago
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