The factors that impede business ability of African can be liken to trade barriers experienced in African region.
Many potential entrepreneur have been discouraged from starting their enterprises because of various business impediment.
The factors that impede the business ability includes:
- Lack of good road route to deliver goods.
- High tax rate for local produced goods.
- Very high rate of import duties.
- Corruptions among officers with key position
- Lack of support for Small & medium enterprises (SME)
- Inaccessibility to finance for the business such as loan.
- Unfavorable government policy or regulation on business corporation
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Answer:
ABC's retained earnings balance at the end of April is $11,400
Explanation:
The addition to retained earnings in the current month is revenue derived from providing services to customers minus the expenses such as rent and employee salaries
Net income for the month=$2,000+$900-$800-$700=$1400
Retained earnings at month end=opening retained earnings+net income
Retained earnings at month end=$10,000+$1,400=$11,400
Answer:
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Explanation:
it will make things easier for you about the challenges you will face and how to deal with them
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I’m not sure.. hope it’s correct!
