All categories

2 years ago

As little as _______ percent of privately owned businesses ever move from the start-up stage to the success stage.

Business

2 answers:

melomori [17]2 years ago

8 0

The answer is D: 6% of these businesses

liq [111]2 years ago

8 0

Answer:

6 percent ( D )

Explanation:

As little as 6% of privately owned businesses ever become successful because of so many reasons which include

lack of business experience in the chosen field of the business startup,
using up business profits/funds to solve personal issues
entering into a business for the wrong reason
wrong location of the business
lack of capital to pursue business endeavor
poor business management strategies.

for a privately owned business to be successful alot of discipline and diligence is required from the entrepreneur. also Government granting task holidays to small startups will help them save up profits made and invest in more business process that would in return yield higher profits for them

You might be interested in

Coney Island Entertainment issues $1,300,000 of 5% bonds, due in 15 years, with interest payable semiannually on June 30 and Dec

Ganezh [65]

Answer:

1) The market interest rate is 5% and the bonds issue at face amount.

Dr Cash 1,300,000

Cr Bonds payable 1,300,000

Year Interest payment Book value of bonds

June/1 $32,500 $1,300,000

Dec/1 $32,500 $1,300,000

June/2 $32,500 $1,300,000

2) The market interest rate is 6% and the bonds issue at a discount.

price of bonds:

PV of face value = $1,300,000 / (1 + 3%)³⁰ = $535,582.79

PV of coupons = $32,500 x 19.600 (PV annuity factor, 3%, 30 periods) = $637,000

market price = $1,172,582.79

Dr Cash 1,172,582.79

Dr Discount on bonds payable 127,417.21

Cr Bonds payable 1,300,000

discount amortization per coupon payment = $127,417.21 / 30 = $4,247.24

Year Cash paid Interest Amortization Bond Book

expense bond discount discount value

June/1 $32,500 $36,747.24 $4,247.24 $123,169.97 $1,176,830.03

Dec/1 $32,500 $36,747.24 $4,247.24 $118,922.73 $1,181,077.27

June/2 $32,500 $36,747.24 $4,247.24 $114,675.49 $1,185,324.51

3. The market interest rate is 4% and the bonds issue at a premium.

price of bonds:

PV of face value = $1,300,000 / (1 + 2%)³⁰ = $717,692.16

PV of coupons = $32,500 x 22.396 (PV annuity factor, 2%, 30 periods) = $727,870

market price = $1,445,562.16

Dr Cash 1,445,562.16

Cr Bonds payable 1,300,000

Cr Premium on bonds payable 145,562.16

discount amortization per coupon payment = $145,562.16 / 30 = $4,852.07

Year Cash paid Interest Amortization Bond Book

expense bond discount premium value

June/1 $32,500 $27,647.93 $4,852.07 $140,710.09 $1,440,710.09

Dec/1 $32,500 $27,647.93 $4,852.07 $135,858.02 $1,435,858.02

June/2 $32,500 $27,647.93 $4,852.07 $131,005.95 $1,431,005.95

6 0

3 years ago

Name three primary sources of authority that tax professionals should check against the citator before relying on those sources

soldi70 [24.7K]

Answer:

The three primary sources of authority that tax professionals should check against the citator before relying on those sources for important matters are;

1. Revenue procedures

2. Revenue rulings

3. Judicial decisions

Explanation:

A citator can be defined as an index of legal resources that allows the researcher to find newer documents of the original document and thus the history of statues and cases can be reconstructed. This has been collectively termed as shepardizing. There are different kinds of citators depending on the type of case one is handling. In our case, we are dealing with tax professionals. Tax professionals deal with three primary sources of authority that tax professionals should check against the citator before relying on those sources for important matters. These primary sources are; revenue procedures, revenue rulings and judicial decisions. They are further elaborated below;

1. Revenue procedures

A revenue procedure is a set of guide that give direction on how to apply law, regulations and rulings. They majorly give direction on matters involving tax.

2. Revenue rulings

A revenue ruling is an order directly from the Internal Revenue Services (IRS) that has the full backing of the law and therefor enforceable. Such rulings on revenue, give direction on how the IRS understands the tax laws. Since the IRS is an authority constituted by top-level tax professionals, a revenue ruling can be used by other tax professionals to cite cases of similar nature.

3. Judicial decisions

Judicial decisions is a statement of advice written by a judge or a panel of judges that serves as a guide in solving a legal dispute. They involve a written legal opinion that tends to justify how and why they arrived to that conclusion to solve the dispute. The same thinking can be used by other professionals in other disputes of a similar nature to solve them.

3 0

3 years ago

Aubey Aircraft recently announced that its net income increased sharply from the previous year, yet its net cash flow from opera

-Dominant- [34]

Answer:

Option D) The company's depreciation and amortization expenses declined

Explanation:

When Aubey Aircraft´s depreciation and amortization decrease, it has less cost of sales and an improvement in the Gross Margin, hence, in the Net Income, but this enhancement in the Net Income has an opposite effect on Net Cash Flow because less depreciation and amortization means less Net Cash Flow,

Net Cash Flow it's defined by Net Income plus depreciation and amortization, a less Depreciation means less Net Cash Flow.

8 0

2 years ago

Ten-year-old sarah and 5-year-old haley were making a special birthday card for their grandmother. by patiently showing haley ho

Helga [31]

Answer:

This is true

Explanation:

Sarah illustrated scaffolding for Haley by supporting her through learning when putting lace around the card's edge.

4 0

3 years ago

As part of his 401(k) retirement plan at work, Ken Lowery invests 6.0 percent of his salary each month in the Capital Investment

Gnesinka [82]

Answer:

The amount of the fee is $1689.60

Explanation:

The computation of the amount of the fee is shown below:

= Dollar value × fund charges a 12b-1 fee

= $211,200 × 0.8%

= $211,200 × 0.008

= $1689.60

Since the question has asked the fee amount so we consider the fee charges percentage, not the capital investment Lifecycle fund. Thus, we ignore the Capital Investments Lifecycle Fund as it is not relevant.

Hence, the amount of the fee is $1689.60

8 0

3 years ago