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svetlana [45]
3 years ago
11

Jessica teaches business studies in a reputed college. As part of the curriculum, she needs to demonstrate to her students the s

teps involved in starting a business. She plans to introduce the steps in a sequential order and ask her students to present their views and provide examples with each step. What is the first step she should discuss?
Business
1 answer:
Alchen [17]3 years ago
7 0

Answer:

In the first step jessica should discuss the basic and general ideas of creating business.

Explanation:

As mentioned in the question jessica teaches business studies in a college and she has to demonstrate her students the steps which would be involved in the starting of a business.

So, she has thought to demonstrate the ideas in a sequential order with proper examples and all the steps should be explained nicely.

So,here in the first step she will need to:

Start with the most basic and general idea of creation of  new business.

Here we should know why a business basic idea so important:

  • Because a proper plan will only lead to a business reality.
  • The idea will work as a blueprint in the guidance of business
  • The best idea will progressively lead to well settled company from a start-up.
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Answer and Explanation:

The adjustment should be as follows

Unearned Rent Revenue    $47,400

    To Rent Revenue   $47,400

(Being recording of revenue earned is recorded)

Here unearned rent revenue is debited as it decreased the liabilities and the rent revenue is credited as it increased the revenue. Also liabilities and revenue contains the normal debit balance

The working is shown below:

= $71,100 × 8 months ÷ 12 months

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The eight months are calculated from May 1 to December 31

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Consolidation among fuel providers serving airport facilities is viewed in the five forces model of competition as a(n): a. redu
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Answer:

c: increase in the bargaining power of suppliers of a critical input

Explanation:

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✓potential new market entrants

✓number and power of a company's competitive rivals

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It should be noted that Consolidation among fuel providers serving airport facilities is viewed in the five forces model of competition as a increase in the bargaining power of suppliers of a critical input.

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Bob picks up a sandwich from the cafeteria and pays the cashier $3.25. He ate half of it and did not want the rest. What is the
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Answer: sunk cost

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Amy​ Parker, a​ 22-year-old and newly hired marine​ biologist, is quick to admit that she does not plan to keep close tabs on ho
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Answer:

Final Value= $370,481.13

Explanation:

Giving the following information:

Amy's contribution, plus that of her​ employer, amounts to ​$2,150 per year starting at age 23. Amy expects this amount to increase by 3​% each year until she retires at the age of 57 ​(there will be 35 EOY​ payments). Interest rate= 5%.

<u>First, we will add the growth of the deposits to the interest rate:</u>

Interest rate= 0.03 + 0.05= 0.08

Now, to calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

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FV= {2,150*[(1.08^35)-1]}/ 0.08= $370,481.13

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Job Analysis

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