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3 years ago

Experience in the workplace builds a foundation for becoming an entrepreneur in all the following ways EXCEPT

Business

2 answers:

Marrrta [24]3 years ago

5 0

Answer:

It can help you make friends with similar interests

Explanation:

Entrepreneur is that person who sees, promotes and takes advantage of new business opportunities, taking risks to put their dreams, plans and ideas into practice. It is common to think that entrepreneurship is only linked to the creation of new businesses, but not quite.

Professionals who stand out in their work because they are always looking for the best and most innovative solutions can also be considered entrepreneurs, even in companies that are already consolidated. In fact, experience in different jobs can teach individuals to be strong entrepreneurs because it allows individuals to understand how to manage a big project. However, experience in previous work cannot help the individual to befriend similar interests.

Mumz [18]3 years ago

3 0

Cash management.

Cash management is vital for the first few years of any startup. Profitability is important

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Ann Jones uses a dry-cleaning machine in her business, and it was partially destroyed by firE. At the time of the fire, the adju

VikaD [51]

Answer:

the casualty loss is $8,000

Explanation:

The computation of the casualty loss is given below:

Lower of

= Adjusted basis or decline in FMV

= $10,000 or ($18,000 - $10,000)

= $10,000 or $8,000

= $8,000

hence, the casualty loss is $8,000

The same would be considered and relevant

The other values would be ignored

4 0

2 years ago

Determine the amount of long-term debt for ABC Co. using the following balance sheet information: cash balance of $24,733, accou

Furkat [3]

Answer:

$131,999

Explanation:

i. Total Assets = Cash + Inventory + Accounts receivable + Other Assets + Net plant and Equipment

Total Assets = $24,733 + $206,573 + $142,431 + $76,981 + $707,919

Total Assets = $1,158,637

ii. Current liabilities = Accounts payable + Short term debt

Current liabilities = $95,119 + $30,000

Current liabilities = $125,119

iii. Common stock = $400,875

iv. Retained Earnings = $500,644

Long term debt = Total Assets - [Common stock + Retained earnings + Current liabilities]

Long term debt = $1,158,637 - [$400,875 + $500,644 + $125,119]

Long term debt = $1,158,637 - $1,026,638

Long term debt = $131,999

6 0

2 years ago

The Edward James Toy Company uses a kanban system to make a plastic wheels that are a component of several toys. The waiting tim

kicyunya [14]

Answer:

The number of kanban containers needed for the wheels is 4.2 containers

Explanation:

In order to calculate the number of kanban containers needed for the wheels we would have to calculate the following formula:

number of kanban containers needed for the wheels=Demand rate*(Average processing time+Average waiting time)*(1+Alpha)/Container size

According to the given data we have the following:

Demand rate = 2000 per day

Average processing time= 0.15 day

Average waiting time = 0.25 day

Container size= 200

Alpha= 5%

Therefore, number of kanban containers needed for the wheels=2,000*(0.15+0.25)*(1+0.05)/200

number of kanban containers needed for the wheels=4.2 containers

The number of kanban containers needed for the wheels is 4.2 containers

6 0

2 years ago

Page(s) 39-41 2.3. What are the benefits of specialization and trade? In one month, Mikhail’s Furnishings can make 160 carpets o

Amanda [17]

Answer:

Mikhail's gains 10 carpets and 10 quilts from the trade. Dominique's also gains 10 carpets and 10 quilts from the trade.

Step-by-step Explanation:

Step 1: Capacity

Mikhail's can make 160 carpets or 160 quilts per month.

Dominique's can make 120 carpets or 200 quilts per month.

Step 2: Before Trade

Mikhail's makes 80 carpets and 80 quilts per month.

Dominique's makes 60 carpets and 100 quilts per month.

Step 3: After Trade:

Mikhail's makes 160 carpets per month.

Dominique's makes 200 quilts per month.

Trade = 70 carpets for 90 quilts.

Mikhail's now has 160 - 70 = 90 carpets and 90 quilts.

Dominique's now has 70 carpets and 200 - 90 = 110 quilts

Step 4: Gains from Trade:

Mikhail's gains 90 - 80 = 10 carpets and 90 - 80 = 10 quilts from trade.

Dominique's gains 70 - 60 = 10 carpets and 110 - 100 = 10 quilts from trade.

8 0

3 years ago

What is a tax return?

Lady_Fox [76]

C is the answer!!! Sorry if I’m wrong

4 0

1 year ago

Read 2 more answers