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
Maru [420]
4 years ago
7

Kurt leased a small building and converted it into a hockey supply shop. He had assumed that he could run a successful business

if he had enough money to get started. However, his business faces seasonal variations in sales. He now finds it difficult to meet the day-to-day expenses of the business. Which problem is Kurt's business facing?
a.competition

b.lack of startup capital

c.bureaucracy

d.inability to cope with growth

e.undercapitalization
Business
1 answer:
salantis [7]4 years ago
8 0

Answer:

The correct answer is letter "E": undercapitalization.

Explanation:

Undercapitalization refers to the situation in which an organization is unable to generate enough funds to cover its expenses. This leads to companies being unable to pay their creditors, thus, they have no other option but to request for loans to keep the business up and running. Small companies are frequently undercapitalized.

You might be interested in
You have been offered an investment that will pay you $10,000 in 10 years. You think a 7% annual rate compounded annually is an
Blababa [14]

Answer:

Explanation:

the minimun value is expressed by the present value of the investment using a 7% rate, lets recall the formula for finding present values:

PV=FV*(1+i)^{-n}

where, PV is present value, FV is the future value, and n is time elapsed. So applying to this problem we have:

PV=10,000*(1+0.07)^{-10}

PV=5,083.49

So the minimun value which is profitable to pay is 5,083.49 today, in that sense you will get a return on 7% compounded after 10 years

6 0
3 years ago
Describe how you will operate your business
Allisa [31]
Describe how you will operate your business in terms of your involvement. If I were to own and operate my own business, I would make sure to have a good management team in place that can handle business happenings incase I am not able to be there. I would want to be highly involved from training employees at lower levels, to making sure those who work in high positions all carry out the same ethics I would like the company to encompass. It would be important for me to be as involved and present in the business I own as possible
6 0
3 years ago
Calculating the average time callers wait on the phone for technical support is an example of inferential statistics.A. TrueB. F
bearhunter [10]

Answer:

b) false

Explanation:

tell me if I'm wrong. mark me brainliest if this helps :)

8 0
3 years ago
An investor is looking at two properties, but will only purchase one of them. Each is similar in utility and location, and has a
zhenek [66]

Answer:

contribution would be the answer :)

Explanation:

4 0
2 years ago
Linda Perkins (64) shared a home all year with her son, Dennis (41), and Dennis’s son, Chase (20). Linda and Dennis worked full
Marat540 [252]

Answer: D. Either Linda or Dennis, but not both.

Explanation: AGI stands for adjusted gross income. This is basically your gross income which is adjusted after tax deduction.

In this case, because the house is shared between Linda and Dennis and also since they are the ones who earn only. Therefore, either one of them would be eligible for earned income tax credit.

If they had been living in separated houses, both of them would have received the earned income Tax Credit.

7 0
3 years ago
Other questions:
  • The so-called "investment model" is a model that seeks to explain why people stay with their long-term relationship partners. Th
    5·2 answers
  • April has joined a team with members from the sales, customer service, and
    12·1 answer
  • When the federal government changes purchases and/or taxes to stimulate the economy or rein in inflation, such policy is:_______
    14·1 answer
  • Megan Company (not a corporation) was careless about its financial records during its first year of operations, 2017. It is Dece
    7·1 answer
  • Piper Company sells merchandise on account for $1,800 to Morton Company with credit terms of 2/10, n/30. Morton Company returns
    12·1 answer
  • Last year Lowell Inc. had a total assets turnover of 1.40 and an equity multiplier of 1.75. Its sales were $295,000 and its net
    15·1 answer
  • The basis for classifying assets as current or noncurrent is the period of time normally required by the accounting entity to co
    13·2 answers
  • Compared to a country with an MPC of 0.8, a country with an MPC of 0.6 would have to change government expenditures by _________
    13·1 answer
  • In 2011 oil production in libya was interrupted by political unrest. at the same time, the demand for oil by china continued to
    10·2 answers
  • Colorado Business Tools manufactures calculators. Costs incurred in making 9,940 calculators in February included $29,350 of fix
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!