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3 years ago

_______ is the primary reason that entrepreneurs create business plans.

2 answers:

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<span>There a lot of reasons why entrepreneurs venture and take leaps into having their businesses. First is, there is some spare time to use. Having a business may mean this may consume a large portion of time. It also means that you will be having less income and longer hours to utilize in the beginning. But if this is managed well, the business being put up will for sure pay off eventually. Second, having your own business will assure you that you will not be laid off, downsized nor fired. When you are an entrepreneur with your own business, this means you are your own boss. Third, you are in control of all your company profits and may use the gains in expanding your business. Next is, it is a common knowledge that humans are naturally fond of having new experiences. This one of those experiences. Another is when you have a business, it will for sure give you financial independence. There may be a lot more reasons why an individual or individuals become entrepreneurs. One thing is for sure, it will foremost give that feeling of accomplishment that no one else can provide. </span>

Inessa05 [86]3 years ago

5 0

Answer:

To get financing and think through important details.

Explanation:

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In order to communicate clearly with a resident who has hearing loss, the resident assistant should:

Tom [10]

The resident assistant should be patient and try to listen carefully when it comes to understanding thr person's needs and wants.

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3 years ago

What are some arguments in favor of raising the minimum wage? On the other hand, what are some arguments against raising the min

Ede4ka [16]

Answer:

Explanation:

The main argument in favor regarding increasing minimum wage is that a higher wage will result into an increase in the standard of living of the people. Furthermore, a rise in the minimum wage can help in lifting people out I poverty. Due to higher wages and salaries, workers will have more money to cater for their families and meet their needs. Lastly, an increase in the minimum wage means that the government can reduce its expenditures on helping the low income earners and can therefore invest the money in other critical sectors of the economy.

The arguments against raising the minimum wage is that it can lead to inflation. Inflation in the rise in the price for goods and services. When there's an increase in minimum wage, sellers may increase the price of goods as there'll be more money to spend by households. Also, it can lead to losses of jobs as employersay have to cut down cost on order to be able to increase the wages of some workers and thereby may result in some workers being laid off.

Minimum wages lead to the reduction in the entry-level jobs that are available, and reduces the change of entry level graduates to get training, and lifetime income. According to Economists, minimum wages will result into decrease in the employment opportunities that are available for the youths and thereby create unemployment. Potential employees will miss out on the training that should have been done at the initial stage one is entering an organization.

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3 years ago

Explain the concept of the time value of money.

telo118 [61]

Time value of money (TVM) is the concept that an amount of money today is worth more than the same amount of money in the future because of the potential for earnings. This is a basic principle of finance. Money in hand has more value than the same money paid in the future.

Time value of money. Simply put, the value of a given amount of money today is worth more than it will be worth tomorrow. This is not due to temporal uncertainty, it is simply due to timing. The difference between the value of money today and tomorrow is called the time value of money.

Learn more about the time value of money here:brainly.com/question/3811399
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2 years ago

___________________- is another word for trail.

faust18 [17]

Dirt road is another word for trail

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3 years ago

Read 2 more answers

The common stock of Buffalo Inc. is currently selling at $113 per share. The directors wish to reduce the share price and increa

ruslelena [56]

Answer:

Buffalo Inc.

a. Journal Entry:

No journal entry required except a memorandum to record the split.

b. Journal Entry:

Debit Stock Dividend (Retained Earnings) $84 million

Credit Stock Dividend Distributable $84 million

To record the declaration of a 100% stock dividend.

When issued:

Debit Stock Dividend Distributable $84 million

Credit Common Stock $84 million

To record the issuance of stock dividends.

2. Both methods increase the outstanding number of shares by 100%. However, with a stock split of 2-for-1, there is no journal entry except a memorandum record to state the split.

Secondly, with a stock split or 2-for-1, the market price is also halved. This does not happen with a stock dividend. The market forces will determine and correct the market price to an acceptable level. A stock dividend requires some accounting entries to be made.

Explanation:

a) Data and Calculations:

Current market price of common stock per share = $113

Par value per share = $10

Book value per share = $68

Shares issued and outstanding = 8.40 million

a. The board votes a 2-for-l stock split:

Shares outstanding = 16.80 million shares

Market price = $56.50

Journal Entry:

No journal entry required except a memorandum to record the split. The value of common stock remains the same.

b. The board votes a 100% stock dividend:

Shares outstanding will increase to 16.80 million shares

Market price = $113 and level off based on demand and supply.

Journal Entry:

Stock Dividend (Retained Earnings) $84 million

Common Stock $84 million

5 0

3 years ago