Answer:
A viable opportunity, available resources and a qualified and motivated founding team.
Explanation:
An entrepreneur can be described as an individual who creates a new business and also undergoes the different financial risks that are associated with a business operation. An entrepreneur should be creative, smart and a problem solver inorder to be able to succeed in the business world.
A successful enterpreneur must possess the ability to turn different ideas and knowledge into a viable business opportunity. The individual must also have access to an amount of money(capital) that is required to start up the business. There must also include a motivated team of workers willing to work with the individual inorder to achieve a specific goal.
Answer:
Date - December 14, 2020
Debit : Dividend $16,000
Credit : Shareholders for dividends $16,000
Date - January 16, 2021
Debit : Shareholders for dividends $16,000
Credit : Cash $16,000
Date - December 12, 2021
Debit : Dividend $62,000
Credit : Shareholders for dividends $62,000
January 15, 2022
Debit : Shareholders for dividends $62,000
Credit : Cash $62,000
Explanation:
Dividends are initially declared before they are paid to the respective shareholders. So it is important to first record the journal at the <em>declaration date</em> of the dividend, then the <em>payment date</em> of the dividend as shown above.
Answer:
falling unemployment and rising inflation.
Explanation:
Stagflation means that both the inflation and unemployment rate are rising. Before the 1970s, classical economists stated that an inverse relationship existed between the inflation rate and the unemployment rate. This means that when the inflation rate was increasing, the unemployment rate should be decreasing. But reality does not follow theoretical rules.
Answer:
interest must be paid on a periodic basis regardless of earnings
Explanation:
Businesses need funds to operate and they sometimes issue bonds to get the needed bonds.
Bonds are debt instruments that are sold to investors to get funds. Interest is also paid to the bond buyer for the tenure of the bond.
The major disadvantage of using bonds as a source of bonds from the standpoint of the issuer is that interest must be paid on a periodic basis regardless of earnings.
