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solong [7]
3 years ago
12

As a result of conducting a gap analysis, the potential entrepreneur proved there was a need for the business. This is called do

ing the owner's _________.
Business
1 answer:
Vera_Pavlovna [14]3 years ago
7 0

Answer:

due diligence

Explanation:

Due diligence refers to an entrepreneur or a business man/woman basically doing their homework, i.e. investigating thoroughly about a business opportunity before deciding to accept a business proposal, enter a new market, or start a new business.

Many times, management is required by law to perform due diligence before entering a new business or signing certain contracts, but it is just common sense that before you start a new business you will try to find out if the business is feasible or not.

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Weight-Gone offers a guaranteed weight loss of 8 pounds in one week without dieting or exercise. Thousands of customers purchase
kupik [55]

Answer:

Arrange for discussions with the customers including the possibility for full refund

Explanation:

Weight-Gone has failed in its promise of 8 pounds weight loss,hence a saving-grace approach would be to have cordial talks with the affected customers in order to establish their plight which will serve as a feedback for the quality team and the product design department in redesigning the product to make it fit for purpose.

Full refunds should also be arranged in order to show the company as been a responsible and trusted corporate citizen.

8 0
3 years ago
Assume that you are the project manager for the construction of a 15-mile road. Further, assume that the work is uniformly distr
AfilCa [17]

Answer:

$200,000

Explanation:

This involves revenue recognition based on percentage of work completed (cost to completion technique). Revenue to be recognized per time is assessed based on the level of cost incurred compared with the total cost to be incurred.

Given that the total approved budget for the project is $600,000, If at the end of the first three weeks of work, $160,000 has been spent, and five miles of road have been completed for a  a 15-mile road, the earned value of the project at the end of the first three weeks

= 5/15 * $600,000

= $200,000

3 0
3 years ago
Pat bought 5 pounds of apples. How many pounds of pears could Pat have bought for the same amount of money?
Travka [436]

Answer:

0.33 pounds of pears

Explanation:

Let the price of 1 pound of apple (Pa) be =  $1

1. So, price / pound of pear (Pp) = 0.5 more = $1 + $0.5 = $1.5

Expenditure (E) on 5 pounds of apples = P x Q =  5 x $1 = $5

Pears pounds purchase-able by same amount i.e $5 = E/ Pp = 5 /1.5= $0.33

2. ∵ Pa = $1 , ∴ Pp = 1.5 times = $1.5

E on 5 Pa = $5

Pears pounds purchase-able by same amount i.e $5 = E/ Pp = 5 /1.5= $0.33

3 0
3 years ago
On January 1, 2021, Gerlach Inc. had the following account balances in its shareholders' equity accounts. Common stock, $1 par,
avanturin [10]

Answer:

On January 1, 2021, Gerlach Inc. had the following account balances in its shareholders' equity accounts. Common stock, $1 par, 256,000 shares issued $256,000

Paid-in capital—excess of par, common 512,000

Paid-in capital—excess of par, preferred 130,000

Preferred stock, $100 par, 13,000 shares outstanding 1,300,000

Retained earnings 2,600,000

Treasury stock, at cost, 5,600 shares 28,000

During 2021, Gerlach Inc. had several transactions relating to common stock.

January 15: Declared a property dividend of 100,000 shares of Slowdown Company (book value $10.6 per share, fair value $9.30 per share).

February 17: Distributed the property dividend.

April 10: A 2-for-1 stock split was declared and distributed on outstanding common stock and effected in the form of a stock dividend. The fair value of the stock was $4 on this date.

July 18: Declared and distributed a 3% stock dividend on outstanding common stock; fair value per share, $5.

December 1: Declared a 50 cents per share cash dividend on the outstanding common shares.

December 20: Paid the cash dividend.

Required:

Record the above transactions and events in journal entry format.

8 0
3 years ago
In analysis of variance, ms between-groups provides a measure of ____.
Reptile [31]
<span> ms between-groups provides a measure of Variance.
In this context, MS stands for the Mean Square within the Group. This symbolized the variance that created because of the differences within individual samples after considering its degrees of freedom and the weighted average of the variance.</span>
4 0
3 years ago
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