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Marta_Voda [28]
3 years ago
14

Suppose you want to establish a business .describe how you would use any five entrepreneur qualities to make sure that your busi

ness is a success
Business
1 answer:
masha68 [24]3 years ago
3 0
First, is that I will never forget about my passion for the line of work that I am in. Passion means pursuing your dream despite setbacks. 

Second, is that I will make sure that I will be open to new ideas and perspectives. I have to keep my mind open, especially to change. There are many things that I do not know, and if I want to be successful, I will not pretend that I know everything. Being open-minded will help my business thrive. 

Third, I will always strive to learn about my line of work. This coincides with my second quality. 

Fourth, I will make sure that I am always two steps ahead of my game. While having direction is great, it is best to keep my feet up and know what to expect. This will ensure that I will encounter as little problem as possible. 

Lastly, I will never stop innovating. Innovating does not just mean that I should have great ideas; innovating means making my great ideas even greater! By learning how to do so, it will make sure that my business will not get left behind. 
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Hoffman Corporation retires its bonds at 106 on January 1, following the payment of semiannual interest. The face value of the b
Ipatiy [6.2K]

Answer:

B. credit of $4,200 to Gain on Bond Redemption

Explanation:

face value 400,000

callable at 106

cash disbursements 400,000 x 1.06 = 424,000

carrying value (after discount or premium) 419,800

as is higher than face value the onds have a premium for 19,800 dollars

result at redemption:

book value - market value

419,800 - 424,000 = 4,200

Journal entry

Bonds Payable       400,000 debit

Premium on BP         19,800 debit

    Cash                                      424,000 credit

   Gain on Bond of Redemption   4,200 credit

This makes B option correct.

7 0
3 years ago
What is the probability that this person was a victim of identity theft that occurred from the unauthorized use of a credit card
liberstina [14]
<span>The probability that this person was a victim of identity theft that occurred from the unauthorized use of a credit card is 0.05%. </span>
5 0
3 years ago
Compound Interest:
MA_775_DIABLO [31]

Option answer:

d. Interest = $10.64 and New Balance = $360.64

Answer:

A = $360.64

A = P + I where

P (principal) = $350.00

I (interest) = $10.64

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 1.5/100

r = 0.015 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 350.00(1 + 0.015/4)(4)(2)

A = 350.00(1 + 0.00375)(8)

A = $360.64

Summary:

The total amount accrued, principal plus interest, with compound interest on a principal of $350.00 at a rate of 1.5% per year compounded 4 times per year over 2 years is $360.64.

7 0
2 years ago
True or false: job descriptions are generally updated as job duties or job specifications change
Sauron [17]
It would be true, because the description rely on the duties and specifications.
3 0
3 years ago
g Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an orde
Karolina [17]

Romans Food Market, located in Saratoga, New York, carries a variety of specialty foods from around the world. Two of the stores leading products use the Romans Food Market name: Romans Regular Coffee and Romans DeCaf Coffee. These coffees are blends of Brazilian Natural and Columbian mild coffee beans, which are purchased from a distributor from New York City. Because Romans purchases large quantities the coffee beans may be purchased om an as need basis for the price of 10% higher than the market price the distributor pays for the beans. The current market price is $0.47 per pound for Brazilian Natural and $0.62 per pound for Columbian Mild The composition of each coffee blend are as follows:

                                                             

Bean Regular                 DeCaf                      Blend

Brazilian Natural               75%                      40%

Columbian Mild                 25%                      60%

Romans sells the Regular blend for $3.60 per pound and the DeCaf blend for $4.40 per pound. Romans would like to place an order for the Brazilian and Colombian coffee beans that will enable the production of 1000 pounds of Romans Regular coffee and 500 pounds of Romans DeCaf coffee. The production cost is $0.80 per pound for the Regular blend. Because of the extra steps required to produce DeCaf, the production cost for the DeCaf blend is $1.05 per pound. Packaging costs for both products are $0.25 per pound. Formulate a linear programming model that can be used to determine the pounds of Brazilian Natural and Colombian Mild that will maximize the total contribution to profit.

Answer:

\mathbf{Max \ Z =  2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}

Explanation:

From the given information:

The total revenue can be illustrated as :

Total revenue = 3.6 BR +  4.4 BD + 3.6 CR + 4.4 CD

On the other hand; the total cost  of the beans is:

= 1.1 (0.47 BR  + 0.47 BD + 0.62 CR + 0.62 CD)

=  0.517  BR + 0.517 BD + 0.682 CR + 0.682 CD

Also; The total production cost is :

= 0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD

The total profit  = Total revenue - Total Cost of Beans - Total Production Cost

The total profit  =  \left[\begin{array}{}3.6 BR   + 4.4 BD + 3.6 CR + 4.4 CD\\- (0.517  BR + 0.517 BD + 0.682 CR + 0.682 CD)\\-(0.8 BR + 1.05 BD + 0.8 CR + 1.05 CD)\end{array}\right]

The total profit  = 2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD

Therefore the  linear programming model represents the Objective function of the total profit as:

\mathbf{Max \ Z =  2.033 BR + 2.583 BD + 1.868 CR + 2.418 CD}

3 0
3 years ago
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