Amy Clark is using a technique known s bootstrap.
The term "bootstrapping" is used in business to describe the process of launching and expanding a company using only readily accessible resources, such as personal finances, home computers, and garage space.
Starting a business from scratch without or with minimal outside investment is known as bootstrapping. By having the owner pay for and use the resources individually, it avoids using a pool of equity or large bank loans to finance small businesses.
According to the fundamental idea of bootstrapping, inference about a population from sample data (sample population) may be represented by resampling the sample data and performing inference about a sample from resampled data (resampled sample).
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Answer:
The correct answer is letter "C": A drought in Kansas is not significant enough to affect the worldwide price of grain.
Explanation:
In case a drought affects only the farms in Kansas, there will be less supply of grains growing in Kansas but customers may ask for the grains from other regions not affected by the drought. <em>Therefore, Kansas farmers' profits will be decreased but it will not affect the worldwide price of grains.</em>
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i have wasted 130 dollars at fortnite and i am brome
What could reduce potential conflicts of interest is the use of covenants in bond agreements that limit the firm's use of additional debt and constrain managers actions
Let understand that Shareholders are basically the “owners” of the company and they are entitled to dividend payments and stock price appreciation because they bought shares.
Let understand that Managers are the people or officers who manage the company (& shares) on a daily basis.
- Now, there can be conflicts of interest between stockholders and managers because of disagreement on what should be and not.
- The major actions that can help to reduce this conflict are covenants in bond agreements. By reason of this, the manager of limited on what to do with the funds of the shareholders and can be penalized if found defaulted by law.
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Answer:
24 times
Explanation:
The formula to compute the accounts receivable turnover ratio is shown below:
Accounts receivable turnover ratio = Credit sales ÷ average accounts receivable
where,
Average accounts receivable = (Opening balance of Accounts receivable + ending balance of Accounts receivable) ÷ 2
= ($43,000 + $22,000) ÷ 2
= $32,500
And, the net credit sale is $790,000
Now put these values to the above formula
So, the answer would be equal to
= $790,000 ÷ $32,500
= 24 times