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3 years ago

According to Benjamin Lang what is the hardest thing about being an entrepreneur

Business

1 answer:

MrRissso [65]3 years ago

7 0

Answer:

Benjamin Lang was just 14 years when he decided to become his own business and hence become an entrepreneur. And he soon realized that the biggest challenge in front of him was to win the trust of the clients. And that requires a complete sacrifice plus the best level of skills to tackle the real world and project requirements. It's not that easy to win the trust of the clients. You need to work quite hard to show through your performances that you can fulfill any of the client's requirements, and only then you will be able to ensure that clients trust you, and you end up being a successful entrepreneur.

Explanation:

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The book balance in the checking account of Kyri Enterprises as of November 30 is $2,964. The bank statement shows an ending bal

lianna [129]

Answer:

reconciliation of bank balance:

bank balance $2,525

+ deposits in transit 11/29 $125

+ deposits in transit 11/30 $200

- outstanding check N. 322 $17

- outstanding check N. 324 $105

- outstanding check N. 327 $54

adjusted bank balance $2,674

reconciliation of checking account:

checking account balance $2,964

+ error on Check N. 321 $20

- NSF check $185

- unrecorded ATM withdrawal $100

- bank fees $25

adjusted checking account $2,674

To correct the error on Check N. 321

Dr Cash 20

Cr Accounts payable 20

To record NSF check

Dr Accounts receivable 185

Cr Cash 185

To record ATM withdrawal

Dr Drawing - Susan Kyri 100

Cr Cash 100

To record the bank fees

Dr Bank charges 25

Cr Cash 25

4 0

3 years ago

Newly-implemented government regulations have reduced the availability of raw materials for Blair Woodworking Corp. This would b

Arlecino [84]

Answer: Threat

Explanation:

The threat is one of the important factor in the SWOT analysis that is basically used for analyzing the main causes of the damages in an organization, products and the venture. The threats can be defined as external or in a negative way.

The SWOT is stand for the strengths, weaknesses, opportunities, and the threats and these are the techniques for evaluating the four main aspects of the business.

According to the given question, the implementation of the new government regulations are reducing the availability of the raw materials and this is known as the external organization threat in the given SWOT analysis.

Therefore, Threat is the correct answer.

3 0

3 years ago

Bond P is a premium bond with a coupon rate of 9 percent. Bond D has a coupon rate of 5 percent and is currently selling at a di

Firdavs [7]

Answer:

a) 7% as their market price will adjsut to give the same yield as the market

b) bond P = -10.17

bonds D = 10.07

Explanation:

we have to calcualte the price variation of the bonds from now (10 years to maturity) to next year (9 years)

Bond P

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 90.000

time 10

rate 0.07

$90 \times \frac{1-(1+0.07)^{-10} }{0.07} = PV\\$

PV $632.1223

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 10.00

rate 0.07

$\frac{1000}{(1 + 0.07)^{10} } = PV$

PV 508.35

PV c $632.1223

PV m $508.3493

Total $1,140.4716

then, at time = 9

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 90.000

time 9

rate 0.07

$90 \times \frac{1-(1+0.07)^{-9} }{0.07} = PV\\$

PV $586.3709

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 9.00

rate 0.07

$\frac{1000}{(1 + 0.07)^{9} } = PV$

PV 543.93

PV c $586.3709

PV m $543.9337

Total $1,130.3046

Capital loss: 1,130.30 - 1,140.47 = -10.17

We repeat the process for bond D

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 50.000

time 10

rate 0.07

$50 \times \frac{1-(1+0.07)^{-10} }{0.07} = PV\\$

PV $351.1791

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 10.00

rate 0.07

$\frac{1000}{(1 + 0.07)^{10} } = PV$

PV 508.35

PV c $351.1791

PV m $508.3493

Total $859.5284

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 50.000

time 9

rate 0.07

$50 \times \frac{1-(1+0.07)^{-9} }{0.07} = PV\\$

PV $325.7616

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 9.00

rate 0.07

$\frac{1000}{(1 + 0.07)^{9} } = PV$

PV 543.93

PV c $325.7616

PV m $543.9337

Total $869.6954

Capital gain: 869.70 - 859.53 = 10.07

6 0

4 years ago

If Amazon enters the Japanese online market by translating its U.S. website into Japanese the company is using which internation

Nina [5.8K]

If Amazon enters the Japanese online market by translating its U.S. website into Japanese, the strategy used is the meganational strategy.

A meganational strategy is an international strategy that focuses on reaping cost reductions through the economies of scale. It's a strategy that's used in seeing the world as one big national market.

Since Amazon enters the Japanese online market by translating its U.S. website into Japanese, then the strategy that is used is the meganational strategy.

Read related link on:

brainly.com/question/19505671

5 0

3 years ago

Today, you sold 540 shares of stock and realized a total return of 6.3 percent. You purchased the shares one year ago at a price

GuDViN [60]

Answer:

B. 5.40 percent

Explanation:

Let today's price per share be $X

Total return = [ (New value + Dividend - Old value) / Old price ] *100

Old value = $24 *540 = $12,960

Next, plug in the numbers to the formula;

0.063 = [ (540X + 117 - 12,960)/ 12,960 ]

0.063 = $[\frac{540X-12,843}{12,960} ]$

multiply both sides by 12,960;

0.063 *12,960 = 540X - 12,843

816.48 = 540X - 12,843

Add 12,843 from both sides and solve for X;

816.48 + 12,843 = 540X

13,659.48 = 540X

Divide both sides by 540;

13,659.48/ 540 = X

X = 25.295

Therefore, today's price per share = $25.30

Capital gains yield= (Today's price - Original price) /Original price

Capital gains yield = (25.295 -24) / 24

=0.05396 or 5.40%

Therefore, Capital gains yield is 5.40%

3 0

3 years ago