All categories

2 years ago

Which of the following is an advantage of being an entrepreneur in the consumer service industry?

2 answers:

5 0

The only initial investment is the hard goods. business basics can be learned along the way as well but the first one is most beneficial.

choli [55]2 years ago

3 0

The only initial investment required is the purchase of hard goods. This is an advantage of being an entrepreneur in the consumer service industry. When you service other people (consumers) you are making an initial large investment of what you need to start however the materials overtime, are less and less of an expense because most of the work for customer service is facilitating their needs.

You might be interested in

Prompt<br> What is the difference between liquid and illiquid assets?

Lynna [10]

Answer:

Liquid assets may be cash or property that can readily be converted to cash without a substantial loss in value. While on the other hand, Illiquid or fixed assets are possessions of value that are held long-term such as a home, land or equipment.

Hope this helps

4 0

2 years ago

Read 2 more answers

There are three consumers in the market for playing cards: Don, John, and Ron. At a price of $2 per pack, the quantities demande

Igoryamba

Answer:

The correct answer is B. The decrease in price causes the quantity demanded in this market to increase by 6 packs.

Explanation:

quantity demanded in this market @ $2= 3+2+1=6

quantity demanded in this market @$1.50 =4+5+3 =12

Net increase in quantity demanded is 12-6 = 6

4 0

3 years ago

The basic earnings per share and the diluted earnings per share would have quite different values for a firm that relied heavily

S_A_V [24]

Answer: TRUE

Explanation:BASIC EARNINGS PER SHARE is a term used in the financial Securities market to mean the NET INCOME available to common shareholders.

DILLUTED EARNINGS PER SHARE is a term used in the financial Securities market to describe the outstanding profits available to common shareholders, after all the preferred stocks, warrants,convertible securities have been converted to common stocks.

Preferred stocks are also called hybrid stock, because it has certain features of common stock and convertible securities,it has a higher priority than common stock to payment of dividend etc.

Convertible debt securities are debt securities which can be converted to common stocks.

It basic earnings and diluted earning per share will definitely not be the same for such a firm.

7 0

2 years ago

Successful business strategies generate value. Creating value lays the foundation for the important benefits that economies can

olya-2409 [2.1K]

The main thing which superior performance allows a firm to do is:

reinvest some of its profits in gaining more resources and thus grow.

<h3>What is Business Strategy?</h3>

This refers to the creation and maintenance of competitive advantage of a particular market against other competitors which gives a particular business an edge in the market.

With this n mind, we are told that successful business strategies generate value and then if they are able to leverage on this, then they can reinvest the profits.

Read more about business strategies here:
brainly.com/question/25686320

6 0

2 years ago

At December 31, 2017 Raymond Corporation reported a deferred tax liability of $240,000 which was attributable to a taxable tempo

Oduvanchick [21]

Answer:

D) Income Tax Expense for $80,000.

Explanation:

The computation is shown below:

Since the corporate tax rate is increased from 30% to 40% and the taxable temporary difference is of $800,000 so the change would be

= $800,0000 × difference in tax rate

= $800,000 × 10%

= $80,000

This amount i.e $80,000 would be debited and shown as an income tax expense

Moreover, the deferred tax liability is ignored

3 0

3 years ago