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3 years ago

What are the common sources for startup capital for an Entrepreneur?

Business

1 answer:

Archy [21]3 years ago

7 0

Sources are-

1. Loans from family and friends

2. Loans from banks

3. Investment form angle investors

4. Delivering business pitch to institutions that provide funds to startups.

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Suppose winston's annual salary as an accountant is $60,000, and his financial assets generate $4,000 per year in interest. one

DedPeter [7]

Economic profit is calculated as:

Economic profit = Total Revenues – Total Cost

Total cost both includes explicit and implicit cost. In this case, the explicit cost is $8,000 while the implicit cost is $64,000. Explicit cost is a direct payment made to run the business while implicit cost is the opportunity as accountant that is lost. Therefore,

Economic profit = $150,000 – ($8,000 + $64,000)

<span>Economic profit = $78,000</span>

6 0

3 years ago

A report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders' equit

Allisa [31]

Answer:

Balance sheet is the correct answer because it tells about the worth of company, its assets, shareholders funds (Equity) and amount borrowed by the company (Liability). Balance sheet is also known as Statement of Financial Position (SOFP)

All the other options tells about the earnings and costs of the company not about the assets and liabilities of the company.

6 0

2 years ago

Question 3 of 10

Stels [109]

Answer:

underrepresented student scholarship.

7 0

1 year ago

Read 2 more answers

Marin Corporation had net sales of $2,427,500 and interest revenue of $40,000 during 2017. Expenses for 2017 were cost of goods

katovenus [111]

Answer:

The answer follows below;

Explanation:

Marin Corporation

Income Statement

For the year 31, xxxx 2017

Sales $2,427,500

Cost of Goods Sold ($1,465,500)

Gross Profit $962,000

Operating Expenses

Admin. Expenses ($220,600)

Selling Expenses ($289,300)

Interest Expense ($47,900)

Total Operating Expenses ($557,800)

Operating Income $404,200

Non Operating Income

Interest Income $40,000

Total Income before Taxation $444,200

Taxes (444,200*30%) ($133,260)

Net Income after Taxation $310,940

6 0

3 years ago

Read 2 more answers

postal express is considering the purchase of a new sorting machine. the sales quote consists of quarterly payments of $37,200 f

Cloud [144]

The five-year sales quote includes quarterly payments of $37,200 at a 7.6% interest rate. The price of the acquisition is $614,184.40.

<h3>Do you mean by PMT payment?</h3>

PMT stands for "payment," therefore the name of the function. A PMT method can estimate your monthly payments, for instance, if you are looking for a $30,000 car loan with a two-year term and an annual interest rate of 7%.

<h3>In the fv formula, what is PMT?</h3>

PV = present value, and FV=PMT(1+i)((1+i)N - 1)/i Future Value (FV) Payment per period (PMT) I = percent per period interest rate N is the number of cycles.

Quarterly Payment = PMT = $37,400

Interest Rates = r = 7.6% per year = 0.076 per year = 0.076 / 4 = 0.019 per quarter

Number of years = 5 years

Number of Payment = n = 5 years x 4 quarters per year = 20 quarters

PV = PMT x (1 - [1 / (1 +r)^n]) / r

PV = $37,200 x (1 - [1 / (1 +0.019)^20]) / 0.019

PV = $614,184.40

Learn more about PMT: brainly.com/question/12890163

#SPJ1

5 0

1 year ago