All categories

4 years ago

How much money does it take to start a business

Business

2 answers:

cupoosta [38]4 years ago

6 0

Depends on the business a regular overhead business normally takes $5,000-$10,000 dollars

vaieri [72.5K]4 years ago

5 0

The truth is that no business is the same and many micro-businesses can get started for as little as $3,000 or less. These businesses are often home-based sole proprietorships with low upfront investments.

You might be interested in

Suppose that an initial $10 billion increase in investment spending expands GDP by $10 billion in the first round of the multipl

Fynjy0 [20]

Answer:

If GDP and consumption both rise by $6 billion in the second round of the process, what is the MPC in this economy?

MPC = 0.8

What is the size of the multiplier?

multiplier = 2.5

If, instead, GDP and consumption both rose by $8 billion in the second round, what would have been the size of the multiplier?

multiplier = 5

Explanation:

Since the change in consumption is $6 billion, and the initial expansion in investment was $10 billion, the marginal propensity to consume (MPC) = expansion in consumption / initial expansion = $6 / $10 = 0.6

the economy's multiplier = 1 / (1 - MPC) = 1 / (1 - 0.6) = 1 / 0.4 = 2.5

If both the economy and the GPD had expanded by $8 billion, the MPC = $8 / $10 = 0.8, so the economy's multiplier = 1 / (1 - 0.8) = 1 / 0.2 = 5

Another way to determine the multiplier = 1 / MPS (marginal propensity to save), since MPS = 1 - MPC

3 0

3 years ago

Able, Baker, and Charlie co-own property. Charlie dies, leaving behind a will that transfers his one-third interest in the prope

VMariaS [17]

Answer:

Joint ownership

Explanation:

In a joint ownership, when a partner dies, his interest is passed on to the surviving partners.

This case scenario is a joint ownership

3 0

3 years ago

An advertisement for the xerox corporation encourages customers to say, "copy it" rather than "xerox it." this indicates that xe

BlackZzzverrR [31]

Xerox is fearful that that its brand name might become a GENERIC NAME. A brand name becomes a generic name when the brand name becomes a common name and is identified with a category of goods rather than a particular product of a specified manufacturer.

8 0

3 years ago

Megan used a reconciliation worksheet provided by her bank. Line 5 should equal line 6 at the end of the reconciliation, but it

S_A_V [24]

Answer:

13720

Explanation:

The difference between lines 5 and line 6 is 13720 (49980 - 36260)

Which means that after reconciliation in the accounting balance 13720 are missing.

Then we must find the item that adds 13720.

This may occur due to omission or bad registration of outstanding deposits or credits (which means a higher balance) or the amount in the accounts of outstanding checks or debits may have been doubled or bad recorded (since these accounts subtract in the reconciliation)

3 0

4 years ago

Read 2 more answers

: On January 1, 2012, Smeder Company, an 80% owned subsidiary of Collins, Inc. transferred equipment with a 10-year life (six of

dem82 [27]

Answer:

See the explanation below

Explanation:

Net book value (NBV)) = $120,000 - $48,000 = $72,000

Unrealized profit on sales of equipment = Selling price - NBV = $84,000 - $72,000 = $12,000

Annual depreciation = $120,000/10 = $12,000

Overcharged depreciation included = $12,000 * 10% = $1,200

Consolidation entries in 2012:

Details Dr ($) Cr ($)

Depreciation expenses 1,200

Reserve account 10,800

Equipment 12,000

Being the unrealized profit on equipment

Accumulated depreciation 12,000

Depreciation expenses 12,000

Being the depreciation charge for the year 2012

Consolidation entries in 2013:

Details Dr ($) Cr ($)

Accumulated depreciation 12,000

Depreciation expenses 12,000

Being the depreciation charge for the year 2013

8 0

3 years ago