Answer:
Interest expense = $8453
Explanation:
We can calculate Bond interest expense by multiplying Carrying value of the bond with the effective interest rate and the period of time,
DATA
Carrying value of bond = $169,056
Effective interest rate = 10%
Period of time = 6 months
Interest expense =?
Calculation
Interest expense = Carrying value x Effective interest rate x Time period
Interest expense = $169,056 x 10% x
Interest expense = $8453
Answer:
Most entrepreneurs are risk-takers by nature, or at minimum calculated visionaries with a clear plan of action to launch a new product or service to fill a gap in the industry. On a personal level, many entrepreneurs take big risks to leave stable jobs to throw their efforts (and sometimes their own money) into launching a business.
Explanation:
For entrepreneurs, there is no guaranteed monthly income, no guarantee of success, and spending time with family and friends can be a challenge in the early days of launching a company. Here are some of the most common risks that every entrepreneur and investor should evaluate and minimize before starting a business.
10 problems Faced by Entrepreneurs in India While starting their business
Financing.
Lack of Planning.
Hiring the right talent.
Effective marketing within a limited budget.
Self-doubt and uncertainty.
Dealing with criticism.
Attractive Customers.
Making Decisions.
Answer:
Please see below for answer
Explanation:
<u>1 Reduction in subsidy by government
</u>
The supply will be negatively affected as the production cost will get higher and it will get more difficult to meet the demand of the product.
<u>2 Increase in price of wood
</u>
This will again have an impact on the supply as the production cost increases due to more expensive raw materials.
<u>3 Need of cupboards increased in universities
</u>
The demand has increased in this case and the supply will have to be increased too if the demand is to be met.
<u>4 Reduction in tax for both buyers and seller of cupboard</u>
This will result in an increase in both supply and demand as more people might be able to afford the cupboards now as compared to before.
Answer:
manufacturing, correct pricing, marketing, sales and asking past customers for referrals.
Explanation:
Revenues are cash inflows that a business generates during its operations. main activities that make this possible starts from Manufacturing which involves converting raw materials to finished goods. Next activity is correct pricing which will determine if customers will be willing to buy your products or services , Marketing will ensure the existence, use and location of the product is known to the target market. Sales involves customers committing and buying the product. You can also ask customers for new referrals which when turned to successful leads, will generate more revenues.