Answer:
There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.
Explanation:
There are many advantages to opening a new business. When you are an entrepreneur it is easy to get lost in all the benefits and don't pay attention to many os its disadvantages.
A big disadvantage is that you are always at work, you are working everywhere at all times. There are no off days, if you’re not working, then you’re not earning. You don’t need to be engaged 24/7 to have a chance at success in the world of entrepreneurship, but you will be working a lot more often.
Most people who find success in the world of entrepreneurship are working longer, harder days than the average “traditional” employee. You do have some flexibility when putting in those hours, so you can structure medical appointments, school visits, and other family needs within your day. You do not have the luxury of cutting back on your hours most days.
There is sacrifice to having your own business. Sam wasn't ready to invest the hours needed to make it on his own.
The answer should be False.
This is true. She can learn the rules of the game, terms used, top tennis players, types of courts played on, the various tournaments, her favorite players.
Many people cannot play sports very well but still can be avid fans of the sport! Thank goodness!
The agent's commission is $5,950
A commission agent acts as a go-between for enterprises of all sizes when dealing with suppliers. A person in this position may operate in a variety of fields, including real estate, sales, and entertainment, as well as throughout the world. Additionally, a commission agent may simultaneously serve multiple companies.
An international agent who receives payment as a percentage of the sales they bring in. The Agent strictly complies with the sale terms specified to it by the Principal while making products available to potential customers in a certain territory (often a country). The Agent's and Principal's relationship is solely business-related; there is no employment connection between them.
To learn more about agent's commission here
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Answer:
A. 3.8 YEARS
B YES
C $325.91
Explanation:
Payback period is the amount of time it takes to recover the amount invested in a project from its cumulative cash flows.
payback period = amount invested / cash flows
$1,900 / $500 = 3.8 years
the project should be accepted because the payback period is less than the maximum acceptable year
Net present value is the present value of after tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
cash flow in year 0 = $-1900
cash flow each year from year 1 to 5 = $500
I = 4%
NPV = $325.91
To find the NPV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute