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stepan [7]
3 years ago
12

Mention four things to consider before starting a business

Business
1 answer:
WARRIOR [948]3 years ago
6 0
1. The Idea - Before even thinking of starting a business, you need to make sure it's original. If you make something, someone else is bound to have something similar; make it unique.
2. The financing - You don't want to just jump in before you have at least a rough sketch of how you plan to finance it.
3. The location - Where will you start the business? It should be near your target audience.
4. The name + slogan - Every good business needs an original name and slogan to push along marketing.
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Adair Valley issued $20,000,000 of general obligation bonds to construct a multipurpose arena. These bonds will be serviced by a
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Answer: Please see explanation column for answer.

Explanation:

a) Journal entry to record the budget

Account                                           Debit                     Credit

Estimated   Revenues         $2,500,000

Appropriation                                                        $2,000,000

Budget fund                                                           $500,000

Calculation    

Budget fund= Estimated Revenues-Appropriation   = $2,500,000- $2,000,000= $500,000

b) Journal entry to record the  the expenditure when the interest comes due for payment.

Account                                           Debit                     Credit

Expenditure Interest              $2,000,000

Matured Interest payable                                            $2,000,000

7 0
3 years ago
What are the 6 benefits of a market economy for producers?
muminat
You'll save money and make more money .you'll create and propagate your own brand.you'll familiarize yourself with industry knowledge.you 'll build a network of suppliers.you'll be able to diversify.you'll save money and make even more money...
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Economic integration is a process of eliminating restrictions on international trade, payments, and factor mobility. Economic in
valina [46]

Answer:

True

Explanation:

Economic integration refers to an agreement between countries to eliminate trade barriers and coordinate their monetary policies. The integration allows to reduce trade costs, more employment opportunities as there is mobility and market expansion. Usually, this is considered a regional trading arrangement as it tends to be between neighboring countries. An example of a economic integration is the European Union. According to  this, the statement is true.

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What is something I can create or invent that hasn't been invented yet, that could make me a millionaire?
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Explanation:

The products and services offered today through economic systems exist to satisfy human needs. The higher the level of satisfaction of needs met, the greater the positioning of a product or service that can make an individual millionaire.

To create or invent something that does not yet exist and be extremely profitable, it is necessary to think about human priorities, such as health and technology. An invention that could be successful would be the development of a cure for diseases such as drugs that destroy cancer cells and create other healthy cells without side effects to humans, or in the current world context, an inexpensive and easily developed anti-coronavirus drug.

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