3 years ago

Which of the following is an common factor of failure for small businesses

1 answer:

6 0

A few of the following can be considered major factors in failure of small businesses:

-Lack of financial planning: when a business is born it needs to critically plan out the first few years of running. Small business often fail to plan out for the future and have less working capital at hand.

-Lack of expertise: small business cannot afford specialist managers and this may be a reason for failure

-no investment in marketing and research can also be a reason.

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c-type conflict

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Would you rather have a savings account that offered simple interest, or an account that offered compound interest? Why?

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Leiff goes online to buy a new video game. He finds a site that currently has a promotion of 15% off on all orders over $50. Lei

kifflom [539]

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3 years ago

The appropriate journal entry to transfer the cost of completed units from the Work in Process account would involve a credit to

IgorLugansk [536]

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3 years ago

The U.S. Treasury offers to sell you a bond for $715.00. No payments will be made until the bond matures 15 years from now, at w

nalin [4]

Answer:

interest rate is 2.25 %

Explanation:

given data

sell bond = $715

bond matures = 15 years

redeem = $1,000

solution

we apply here formula that is

amount = principal × $(1+r)^{t}$ ................1

here put value and we get

1000 = 715 × (1+r)^{15}

$(1+r)^{15}$ = $\frac{1000}{715}$

solve it we get

r = 0.022617

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