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Gemiola [76]
3 years ago
11

Herbert gained most of the capital for his new start-up project by posting a small demonstration of his product on a website tha

t he created especially for the project. Many people showed genuine interest in his product and donated money to help him launch it. In the given scenario, Herbert:
a. was able to fund his project through venture capital.
b. received money for his venture from angel investors.
c. received money for his venture through crowdfunding.
d. was able to fund his project through seed money.
Business
1 answer:
qwelly [4]3 years ago
8 0

Answer:

d. was able to fund his project through seed money.

Explanation:

Seed money or seed funding is the first fund or seed that is obtained for a new business idea. Mostly seed money is obtained from friends, family, and colleagues.

Herbert had a great idea by presenting a demonstration of his product on a website, attracting people with interest to fund the start-up.

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On March 14, Teal Co. accepted a 120-day, 6% note in the amount of $10,000 from AZC Co., a customer. On the due date of the note
Y_Kistochka [10]

Answer:a credit to  Interest revenue for $200

Explanation:

Interest =  Principal x rate x time ( period )

= $10,000 x 6% x 120/360

=$200

    Account titles and explanation               Debit Credit  

                       Cash                                $10,200  

    Note receivable                                          $10,000  

    Interest revenue                                           $200

Therefore, The journal entry that Teal would make to record payment of this note would include a credit to  Interest revenue for $200

5 0
3 years ago
When planning a procurement, it is useful to ______________.
Gre4nikov [31]

Answer & Explanation: When planning a procurement, it is useful to at least conduct a make or buy analysis which aids in determining the most cost effective approach, to consult and liaise with in-house experts in the departments of procurement, human resource, and legal, and also to insure the sponsor of the project signs off on the procurement plan. The goal of procurement planning is to increase the transparency and predictability of the procurement process while also deciding on what to buy, when and from what source.

5 0
3 years ago
According to​ Zane, it was difficult for him to empower his employees and not​ micromanage; however, he realized that being resp
son4ous [18]

Answer:

The answer is: Interpersonal skills                                

Explanation:

Interpersonal skills, also known as the soft skills, refers to the behavior of an individual while interacting or communicating with others. Interpersonal skills can also be described as the ability of an employee to work with others.

Interpersonal skills include effective communication, active listening, deportment, attitude and dispute resolving.

<u>Therefore, the given example illustrates </u><u>Interpersonal skills.</u>

5 0
3 years ago
Each of the following is an example of a significant noncash activity except Group of answer choices conversion of bonds into co
Maurinko [17]

Answer: stock dividends

Explanation:

Noncash investing and financing activities are simply referred to as the significant investing and financing activities which doesn't affect cash directly.

The activities involved here include, stockholders equity etc. and they are typically found at bottom of cash flow statement.

Based on the options given, the example of a significant noncash activity will include conversion of bonds into common stock, exchanges of plant assets and the issuance of debt to purchase assets.

Therefore, the correct option will be stock dividends.

4 0
3 years ago
Which of the following would be considered retail businesses? (Select all that apply.)
Lesechka [4]
These:

department stores AND

online sellers




I hope it helped you!
4 0
3 years ago
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