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Aliun [14]
3 years ago
14

Sarah owns Fine Cuts hair salon. Hairdressers each rent a chair in the salon where they can style customers' hair, and Sarah pro

vides receptionist services, maintains the space, and sells some hair care products at the front of the salon. The hairdressers must pay 35 percent of their profits to Sarah in return for the chair space and earn a commission for each hair product that they sell. Is Sarah s
Business
1 answer:
Natasha2012 [34]3 years ago
5 0

Complete question :

Sarah owns Fine Cuts hair salon. Hairdressers each rent a chair in the salon where they can style customers' hair, and Sarah provides receptionist services, maintains the space, and sells some hair care products at the front of the salon. The hairdressers must pay 35 percent of their profits to Sarah in return for the chair space and earn a commission for each hair product that they sell. Is Sarah selling the hairdressers a security in Fine Cuts?

Answer: No, the hairdressers are not expecting to earn money predominately from Sarah's efforts

Explanation: Based on the description above, Sarah maintains full ownership of the salon and she's not selling any stock or security of Fine Cuts. Because security involves a financial instruments such as stocks or bonds which are sold to investors in other to acquire capital needed to operate a business. Here, Sarah makes her profit directly off the work done by the hairdressers and the items sold to customers by offering them working space and she's in turn paid a certain percentage of their earning.

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Answer:

13.8%

Explanation:

IRR is the discount rate that equates the after tax cash flows from an investment to the amount invested.

IRR can be calculated using a financial calculator:

Cash flow in year 0 =  $-230,000

Cash flow in year 1 =  $25,000

Cash flow in year 2 =  $25,000 x 1.05 = $26,250

Cash flow in year 3 =  $26,250 × 1.05 = $27,562.50

Cash flow in year 4 = $27,562.50 × 1.05 = $28,940.63

Cash flow in year 5 = $28,940.63 × 1.05 = $30,387.66 + $260,000 = $290,387.66

Irr = 13.84%

To find the IRR using a financial calacutor:

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.

I hope my answer helps you

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3 years ago
Select which of the ways that entrepreneurs improve the economy is being described:
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Answer:

Select which of the ways that entrepreneurs improve the economy is being described:  As a family's basic needs are met, jobs are given to the people who help provide these needs.

new business

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Entrepreneur improves the economy by starting a new business, they are employer of labor and improves the economy

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In the construction of a new housing development, which factor of production can be categorized as land?
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I think it would be this answer

the people working to develop the communityb.bike paths and storesc.solar powerd.the idea to develop the housing community

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He will most likely need to work variable shifts so that he can connect with all his team members.

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