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
guajiro [1.7K]
3 years ago
14

Explain why it is important to study your industry before developing a business concept.

Business
1 answer:
Nonamiya [84]3 years ago
7 0

Answer:because if you dont you dont know a [heck nothing} and then your dumb then turn poor!

Explanation:in life its not easy so if that were to be you would fail to do an industry because of your failer and that would give you the cause of being dumb and poor!

You might be interested in
After retirement, you expect to live for 24 years. You would like to have $75,000 income each year. How much should you have sav
poizon [28]

Answer:

The amount that you should have saved in your retirement account to receive this income is:

= $727,995.88.

Explanation:

a) Data and Calculations:

Expected lifespan = 24 years

Expected annual income = $75,000

Interest rate per year = 9%

The amount of savings in the retirement account to receive this income is calculated from an online financial calculator as follows:

N (# of periods)  24

I/Y (Interest per year)  9

PMT (Periodic Payment)  75000

FV (Future Value)  0

 

Results

PV = $727,995.88

Sum of all periodic payments = $1,800,000.00

Total Interest = $1,072,004.12

5 0
3 years ago
A short forward contract that was negotiated some time ago will expire in 4-month and has a delivery price of $42.25. The curren
padilas [110]

Answer:

the  value of the short forward contract is -0.49

Explanation:

the computation of the value of the short forward contract is shown below:

= (Delivery price - current forward price)× e^(risk free interest rate × no of months ÷ total number of months)

= ($42.25 - $42.75)× e^(-7.90% × 4÷12)

= -0.49

Hence, the  value of the short forward contract is -0.49

Therefore the same should be considered  

8 0
3 years ago
An investor purchased a "par bond" for $300 with the principal $300. Over n = 5 years the bond will pay 8% coupon annually. Find
Digiron [165]

Answer:

8%

Explanation:

Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested

IRR can be calculated with a financial calculator  

Cash flow in year 0 = $-300

Cash flow each year from year 1 to 4 = \frac{8}{100} × $300 = $24

Cash flow in year 5 = $300 + 24 = $324

  IRR = 8%

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

4 0
3 years ago
Barnes Books allows for possible bad debts. On May 7, Barnes writes off a customer account of $5,300. On September 9, the custom
Andreyy89

Answer:

The cash collection on September 9 is records by the entry:

Debit Cash $5,300

Credit Accounts Receivable $5,300

Explanation:

Barnes Books allows for possible bad debts. On May 7, the company writes off a customer account. The journal entry:

Debit Allowance for Doubtful Accounts $5,300

Credit Accounts Receivable $5,300

On September 9, the customer unexpectedly pays the $5,300 balance. The journal entries:

1. Debit Accounts Receivable $5,300

Credit Allowance for Doubtful Accounts $5,300

2. Debit Cash $5,300

Credit Accounts Receivable $5,300

3 0
3 years ago
$60 one year ago. The stock is now worth $70. During the year, the stock paid a dividend of $2.25. What is the total return to G
Nitella [24]

$60 one year ago. The stock is now worth $70. During the year, the stock paid a dividend of $2.25. The total return to George from owning the stock would be 20% (after rounding off the answer to the nearest whole percent).

  • Total return on share is the summation of dividend and price appreciation.
  • Since, the dividend = $2.25
  • Then, to ascertain price appreciation we need to subtract the dividend from the total return on the share.
  • Price appreciation = $70 - $60 = $10
  • Total return can be calculated hence.
  • Total return = $10 + $2.25 = $12.25
  • Therefore, the total return for George was $12.25.
  • To round off the answer to the nearest whole percentage:
  • Total return percent = $12.25/$60 = 20% approximately

Therefore, the total return to George from owning the stock would be 20%.

Learn more about total returns here:

brainly.com/question/13078425

#SPJ4

8 0
2 years ago
Other questions:
  • You have four credit cards. each has a balance of $450.00, but their credit limits are $800.00, $1,200.00, $1,300.00, and $1,500
    14·2 answers
  • How can cybercriminals harm a person whose personal information they have stolen?
    13·1 answer
  • The Digby Company has just purchased $40,900,000 of plant and equipment that has an estimated useful life of 15 years. The expec
    5·1 answer
  • Dali Company has 15,000 shares of stock authorized on January 1. Dali issues 4,500 shares to the stockholders during the year an
    14·1 answer
  • Unlike merchant wholesalers, ___________ never actually own the goods they help to distribute. rack jobbers retailers cash-and-c
    12·1 answer
  • Exercise 14-04 a-c Bonita Company reports the following costs and expenses in May. Factory utilities $16,000 Direct labor $72,70
    15·1 answer
  • Colton Enterprises experienced the following events for Year 1, the first year of operation:Acquired $37,000 cash from the issue
    9·1 answer
  • A municipality wants to build a water treatment facility, and requires some privately owned land to do so. What procedure enable
    7·1 answer
  • The town of Draper, with a population of 20,000, sits adjacent to State University, which has an enrollment of 27,000 students.
    10·1 answer
  • Cash sales 12,650 ,COS 10,000<br>journal entry?​
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!