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Charra [1.4K]
3 years ago
12

The reason Lin has been so successful in expanding her small auto body shop into a very profitable business with three locations

is very simple. From the beginning, she has quietly focused on doing the work that needed to be done and avoided being distracted from that work. Which entrepreneurial type best describes Lin?a. machine b. prodigy c. hustler d. innovator
Business
1 answer:
stealth61 [152]3 years ago
8 0

Answer:

A. Machine

Explanation:

There are various categorisations of entrepreneurs based on their characters, abilities and strategies among others. However,the founder institute developed a new categorisation for entrepreneurs by testing about 30,000 entrepreneurs including known names like Steve Jobs and Elon Musk and categorising them based on their priorities and qualities into the following: Hustler, Prodigy, Visionary, Innovator, Strategist and Machine.

Machine Category: This represents entrepreneurs who maintain a high level of focus getting things done. They simply focus on the task ahead of them and get them done. They are very concerned about efficiency and effective delivery of their tasks. Lin simply became very good at what she was doing by being dedicated to the tasks ahead of her.

Other Categories

Hustlers- they can sell anything and get into the promotion and sales of all manner of products and services

Prodigy - The excel in business with innate business instinct and sense, their strong intellects and social skills ensures their success

Visionary - Combines innovation with enthusiasm and is capable of carrying the masses along in these innovations as a result of the energy committed

Innovator- Always looking forward to improving on old ideas and find new ways of doing things. They are challenged by change

Strategist- Always looking at how to achieve long term goals, very tactical and calculating.

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The preparation of the Trial Balance of Ceco Co. from the ledger accounts as of June 20, 2020, is as follows:

Ceco Co.

<h3>Trial Balance</h3>

As of June 30, 2020

Accounts                                      Debit            Credit

Cash                                      $5,000.00

A/R - R. Tamo                          3,500.00

A/R - G. Slaught                        1,124.00

A/R - P. Onno                            850.00

Supplies                                  1,585.00

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Equipment                          25,350.00

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C. Hernandez, Capital                               32,224.00

Totals                              $60,209.00    $60,209.00

<h3>What is a trial balance?</h3>

A trial balance is a list of the ledger accounts balances at a particular date of the financial period.

The trial balance helps to show if accounts have been correctly recorded according to the double-entry system.

Thus, the above trial balance shows the ledger accounts balances of Ceco Co as of June 30, 2020.

Learn more about preparing the trial balance at brainly.com/question/13669511

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