Small and Medium Enterprise (SME) Entrepreneur usually need more cash because the buisness dynamics will initially lose money.
<h3><u>IDEs and SMEs</u></h3>
Startup businesses vary greatly from one another. Both innovation-driven enterprises (IDEs) and conventional small- and medium-sized businesses (SMEs) are capable of producing worthwhile goods and services and adding to the labor force. However, IDEs, which are startups aimed at addressing global markets through technological, process, or business model innovation, have the potential to add hundreds or even thousands of high-skill jobs if they are successful, whereas SMEs concentrate on local or regional markets and produce employment that are "non-tradable."
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Answer:
Relative elastic
Explanation:
Elastic demand means that quantity demanded is sensitive to price changes.
A small change in price leads to a greater change in quantity demanded
Answer:
the holding period return is 3.77%
Explanation:
The computation of the holding period return is shown below:
Holding period return is
= (Income + (Selling price - Purchase price)) ÷ Purchase price
= ($3 + ($52 - $53)) ÷ 53
= 3.77%
Hence, the holding period return is 3.77%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
Going concern
Explanation:
Going concern is an accounting term that means a business is expecting to make money and continue in business indefinitely. It means the business would continue to operate into the foreseeable future without a threat of liquidation.
I hope my answer helps you
Answer:
60 percent
Explanation:
Contribution margin refers to the revenue a firm derives after deducting the variable cost it has incurred.
Contribution margin = Sales - Variable costs
Contribution margin or contribution to sales ratio represents the percentage of contribution a firm earns from the sale of it's output.
It is represented mathematically as,
= 
Also, contribution margin ratio = 100 - variable cost ratio percentage.
Hence, contribution margin for three departments would be:
A = 100 - 30% = 70%
B = 100 - 40% = 60%
C = 100- 50% = 50%
This represents if sales revenue is 100, contribution margin earned is 70, 60 and 50 under three cases.
Since sales revenue in all three departments is the same, let us assume the sales revenue of a department as y.
Thus, weighted average contribution margin would be, 60 percent
