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3 years ago

How can i use any 5 anterprenurial qualities to make sure my business is a success?

1 answer:

5 0

1. If you have an item which you want to sell, make sure that you sell it for something more that what you bought it.

2. The items you are selling, sell them for a good price. If you go too expensive, no body will buy. But if you go cheap and easy, everyone will come to you.

3. when you have successfully started getting people to constantly buy your products, make your prices go higher slowly slowly.

4. Always make sure, the products you are selling are in good quality and are not... ruined in any way.

That's all the ideas I have. Hope it helped.

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Ework Which of the following is not a reason perfect competition is a useful simplification, despite the diversity of market typ

cluponka [151]

There are different kinds of market. The option that is not a reason perfect competition is a useful simplification, despite the diversity of market types we find in the world is that;

There are many buyers and many sellers in all types of markets.

<h3>What leads to perfect competition?</h3>

Firms are known to be in perfect competition due to;

When many firms produce identical products.
When there are plenty buyers available to buy the product, and and also plenty sellers are available to sell the product, etc.

Firms are said to be in perfect competition when a lot of firms produce the same type of products and also these firms can do business in the market without any kind of restrictions.

Learn more about perfect competition from

brainly.com/question/1051446

8 0

2 years ago

Steps in the Accounting Cycle Listed below, out of order, are the steps in an accounting cycle.

sasho [114]

Answer:

Steps in the Accounting Cycle

a) The order in which the steps in the accounting cycle are performed is:

3, 6, 2, 1, 4, 8, 5, 9, 7

b) The steps in the accounting cycle that occur daily are:

2, 3, & 6

Explanation:

The correct ordered steps in the account cycle are:

3. Analyze transactions from source documents.

6. Record transactions in a journal.

2. Post journal entries to general ledger accounts.

1. Prepare the unadjusted trial balance.

4. Journalize and post adjusting entries.

8. Prepare the adjusted trial balance.

5. Prepare the financial statements.

9. Journalize and post closing entries.

7. Prepare the post-closing trial balance.

5 0

3 years ago

During January 2017 General Fund supplies ordered in the previous fiscal year and encumbered at an estimated amount of $2,000 we

Norma-Jean [14]

Answer:

The correct answer is:

Expenditures—2017 in the amount of $200. (C.)

Explanation:

This scenario describes a record that was less than the actual amount spent on the General Fund supplies. The amount recorded was $2,000, meanwhile the actual amount spent was $2,000. This entails that an amount worth $200 was not recorded, hence it will be debited as expenditures, but the question now is where the debit will be recorded?

This review was done in January 2017, meaning that the income statement for the 2016 Fiscal year must have been balanced, hence the amount will be an expenditure recorded in 2017, but the particulars will have a description that it was a carried over expenditure from 2016. Therefore $200 will be debited from 2017 as expenditures.

5 0

3 years ago

In which of the following market structures would X-inefficiency be most likely to exist?Perfect competition.Monopoly.Oligopoly.

Mademuasel [1]

Answer:

Monopoly

Explanation:

Monopoly is a market structure where only one firm controls the market share and earn abnormal profits. In a monopoly market, a producer or a supplier earn abnormal profits, which is why they don't try to control the cost of production because they can sell the good at any price. This situation where the cost of production increases, it creates X-inefficiency.

6 0

3 years ago

At its current output level, Pretty Flowers Florist has average fixed costs equal to $5.40 and average variable costs equal to $

lapo4ka [179]

Answer:

The correct option is D: $8.60

Explanation:

Average fixed cost of Pretty Flowers = $5.40

Average variable costs of Pretty Flowers = $3.20

We are asked to calculate the Average total cost of Pretty Flowers at this current level

Hence:

Average total cost Pretty Flowers = Average fixed cost of Pretty Flowers + Average variable costs of Pretty Flowers

If we substitute the value of these variables in the equation, we get:

Average total cost Pretty Flowers = $5.40 + $3.20 = $8.60

3 0

3 years ago

Read 2 more answers