Answer:
You have to consider that angel investors invest money in exchange for equity, so it is a very cheap way of getting financed. There are two ways of evaluate what happened:
- Jose's friend was probably irresponsible for accepting the money from the angel investor, although he will not pay any interests for it. The problem here is that Jose's friend might spend the extra money in frivolous activities or unnecessary expenses, e.g. rent a very fancy and expensive office. When you have a lot of extra money in your hands, it is very easy to spend it. OR
- Another way of analyzing what happened is that Jose's friend may want to share the risk of the new entrepreneurship with someone else. Maybe he/she has enough money to invest, but he/she is not willing to take the risk of investing it all himself/herself. Getting financed by an angel investor is a way of reducing your personal risk. Remember that a sole proprietor is personally liable for all of the company's obligations, but that changes for a LLP, LLC or a corporation.
Answer:
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Answer: Option (E)
Explanation:
E-business also known as online business is also referred to as any type of commercial transaction or business that tends to include sharing of information and data across internet. Commerce mostly constitutes exchange of commodity, products and other services in between groups, businesses and also individuals and thus can be easily seen as an essential activity of a business organization.
Answer:
<u>TRIAL BALANCE:</u>
Debit Credit
Cash 79600
AR 7500
Supplies 400
slaries expense 3100
op- expense 16100
supplies expense 1600
dividends 2000
Account Payable 3000
saalaries expense 3100
Unearned Revenue 5100
Common Stock 60000
Service revenue 39100
110300 110300
Explanation:
We have to record eahc time an accoutn is used and once we got all transactions we determiante the balance
Cash
Debit Credit
60000
8200
28500
15100
2000
<u>96700 17100</u>
<em>79600</em>
AR
Debit Credit
36000
<u> 28500</u>
7500
Supplies
Debit Credit
2000
<u> 1600</u>
400
salaries expense op- expense supplies expense
Debit Credit Debit Credit Debit Credit
3100 16100 1600
Account Payable
Debit Credit
2000
16100
15100
<u>15100 18100 </u>
3000
Salaries Payable
Debit Credit
3100
Unearned Revenue
Debit Credit
8200
<u>3100 </u>
5100
Common Stock
Debit Credit
60000
Service revenue
Debit Credit
36000
<u> 3100 </u>
39100
Then we construct the trial balance which all these account balance.
Answer:
Salespeople, who are on the front line interacting with customers, assume one of the most important roles in the product differentiation process. A well-informed customer will usually choose the product that offers the most value. There- fore, salespeople need to position their product with a value proposition.
