1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tanzania [10]
3 years ago
7

Sam closed the doors to her home-based consulting company only two years after opening because she was tired of working 80-hour

weeks. This is an example of which mistake leading to business failure?
Business
1 answer:
blondinia [14]3 years ago
3 0

Answer:

There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.

Explanation:

There are many advantages to opening a new business. When you are an entrepreneur it is easy to get lost in all the benefits and don't pay attention to many os its disadvantages.

A big disadvantage is that you are always at work, you are working everywhere at all times. There are no off days, if you’re not working, then you’re not earning. You don’t need to be engaged 24/7 to have a chance at success in the world of entrepreneurship, but you will be working a lot more often.

Most people who find success in the world of entrepreneurship are working longer, harder days than the average “traditional” employee. You do have some flexibility when putting in those hours, so you can structure medical appointments, school visits, and other family needs within your day. You do not have the luxury of cutting back on your hours most days.

There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.

You might be interested in
Ann got a 30 year FRM with annual payments equal to $12,000 per year. After 2 years of payments Ann will refinance the balance i
IrinaK [193]

Answer:

Ann s annualized IRR from refinancing is -0.0960

Explanation:

A / 1 B                                               C          D E F G H

2 Ann        

3 FRM duration in years                 30      

4 Annual payment $                    12,000      

5 Total Payments for 30 years        $360,000    

6 Payments made for                 2             years    

7 Payment amount for 2 year         $24,000      

8     after two years FRM outstanding  $336,000    

9        

10 Refinancing is done for                  28               years    

11 Annual payment                          $10,000      

12 Total Payments for 28 years $       280,000    

13 Refinancing Cost                           $2,500      

14 Total amount of cost                   $282,500    

15 Balance outstanding before refinancing   336,000    

16 Amount saved at the end of 2nd year   $53,500     period cashflow cash payment  cost of refinance prepayment NetFlow

0     360,000                                                    360,000

1                  (12,000.0)                                   (12,000)

2                              (12,000.0)       (2,500)                   (14,500)

3    280,000.0  (10,000)                                (336,000) (66,000)

4                   (10,000)                                                   (10,000)

5                              (10,000)                              (246,000) (256,000)

    640,000 (54,000)                (2,500)     (582,000)        1,500

IRR = -0.0960%

Therefore, Ann s annualized IRR from refinancing is -0.0960

3 0
2 years ago
Cushman company, inc. had $800,000 in sales, sales discounts of $12,000, sales returns and allowances of $18,000, cost of goods
natka813 [3]
115,000 is your answer all you have to do is take the sales and subtract the expenses 
5 0
3 years ago
Read 2 more answers
The following events occurred last year for the Bronze Company: Purchase of treasury stock $50,000 Issuance of common stock 90,0
Lana71 [14]

Answer:

Net Cash Flow from Financing Activities                    $150,000

Explanation:

Data provided in the question:

Purchase of treasury stock = $50,000

Issuance of common stock = 90,000

Payment of dividends to common stockholders = 10,000

Sale of equipment = 17,000

Now,

Net cash flow from financing activities will be

Issuance of common stock                                         $90,000

Purchase of treasury stock                                          $50,000

Payment of dividends to common stockholders       $10,000

==============================================================

Net Cash Flow from Financing Activities                    $150,000

Note: Sales of equipment is not included in financing activity

6 0
2 years ago
Pedro is using a blog to promote his Afro-Cuban band. His articles on topics ranging from his influences to the instruments used
german

Answer:

engagement, conversion

Explanation:

Blog refers to a web page run by an individual or small group with the purpose of marketing. Blog targets to the specific audience.

In the given question,

Pedro is using a blog to promote his Afro-Cuban band. His main purpose is to bring people to the online store where they can purchase CDs.

For Pedro, the two most important measurements he tracks are <u>engagement</u> and <u>conversion</u>

8 0
2 years ago
2. Which of the following is most likely to raise a significant ethical issue? (select one).
zhannawk [14.2K]

Answer:

A Business School student looking at changes in structures of Small and Medium Sized Enterprises (SMEs) using publicly available information

Explanation:

5 0
2 years ago
Other questions:
  • John Paul will receive a gift of $9,000 when he gets his promotion, which he expects to be in 6 years. If he can save his money
    13·1 answer
  • if you want to be able to compare different investments , which piece of information is the most helpful
    5·1 answer
  • A consumer is persuaded to buy a product by a message that requires little thought and is based on an association with a brand's
    6·1 answer
  • Juan spends all of his income on baseball cards and candy. At his current consumption bundle, the marginal utility of baseball c
    13·1 answer
  • Partners in a business enter into a buy-sell agreement to purchase life insurance, which states that should one of them die prem
    13·1 answer
  • The commercial banking system has excess reserves of $200,000. Then new loans of $800,000 are subsequently made, and the system
    15·1 answer
  • Jack Ward is working in product development for an auto parts contractor. Ward’s firm received a large contract last summer to m
    14·2 answers
  • Miranda Company borrowed $125,000 cash on September 1, 2019, and signed a one-year 5%, interest-bearing note payable. Assume no
    11·1 answer
  • Which of the following sources of income is money made from tenants who live in a property that you own?
    8·2 answers
  • An investor who goes short in a futures contract will _____ any increase in value of the underlying asset and will _____ any dec
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!