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DanielleElmas [232]
2 years ago
15

Using examples discuss the skills required for entrepreneurship​

Business
1 answer:
timama [110]2 years ago
5 0

Answer:

Examples of entrepreneurial skills

Business management skills.

Teamwork and leadership skills.

Communication and listening.

Customer service skills.

Financial skills.

Analytical and problem-solving skills.

Critical thinking skills.

Strategic thinking and planning skills.

Explanation:

mark me brainlist!!

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A ______ company is one that does business in at least one country outside of its country of origin.
alexgriva [62]

Answer:Multi national company

Explanation:

4 0
3 years ago
The grant available to third-or fourth-year college students majoring in
Marrrta [24]

<u>The grant available to third-or fourth-year college student:</u>

The National Science & Mathematics Access to Retain Talent Grant (National SMART Grant) is the grant given to the third or fourth year college students who want to do major in scientific or mathematical fields like physical, life, engineering, mathematics, medical, languages, etc.

To apply for the SMART grant students apply through free application of federal student aid and then if they receive the grant they can do their higher studies in their preferable fields which come under SMART grant.

5 0
3 years ago
On January 1, 2017, Eagle borrows $17,000 cash by signing a four-year, 6% installment note. The note requires four equal payment
Reika [66]

Answer:

The question is:

Prepare the journal entries for Eagle to record the loan on January 1 2017 and the four repayments from 31st December 2017 through 31st December 2020?

The answer is:

1 January 2017

Dr Cash                   17,000

Cr Note Payable    17,000

31 December 2017

Dr Interest expenses            1,020

Dr Note Payable                   3,886

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

31 December 2018

Dr Interest expenses            787

Dr Note Payable                   4,119

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

31 December 2019

Dr Interest expenses            540

Dr Note Payable                   4,366

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

31 December 2020

Dr Interest expenses            277

Dr Note Payable                   4,629

Cr Cash                                 4,906

(to record note principal and interest expenses payment)

Explanation:

Working note for the repayment transaction:

- For all the four journal entries regarding the repayment, the Cash account is debited at $4,906 because the note requires four equal payments of $4,906.

The calculations of Principal repayment ( which is recorded as Dr Note Payable and Interest expenses which is recorded as Dr Interest Expense) for each year are as below:

31 December 2017:

Interest Expenses = Outstanding Note Payable * 6% = 17,000 * 6% = $1,020;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 1,020 = $3,886.

31 December 2018:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886) * 6% = $787;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 787 = $4,119.

31 December 2019:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886-4,119) * 6% = $540;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 540 = $4,366.

31 December 2020:

Interest Expenses = Outstanding Note Payable * 6% = (17,000-3,886-4,119-4,366) * 6% = $277;

Principal repayment = 4,906 - Interest Expenses = 4,906 - 277= $4,629.

8 0
3 years ago
According to O*NET, what are common skills needed by Hotel, Motel, and Resort Desk Clerks? Check all that apply.
Allushta [10]

i would think every one of them expect for 1 and 4.. Because 4 is just something we all learn

5 0
3 years ago
Read 3 more answers
Gold Nest Company of Guandong, China, is a family-owned enterprise that makes birdcages for the South China market. The company
Natali5045456 [20]

Answer:

Goldnest company

A. Journal entries

1.Raw Materials Purchased.

Debit Direct Raw materials Account with $ 169,000

Credit Accounts Payable Account with $ 169,000

2.Labour Costs incurred

Debit Direct labor with $ 156,000

Debit Indirect labor with $ 182,000

Debit Sales commissions with $ 25,000

Debit Administrative salaries with $ 45,000

Credit Cash with $ 408,000

3.Rentals Costs for the year

Debit Factory Rent for the year with $13,900

Debit Office Rent for the year with $5,900

Credit Cash Account with $18,900

4. Utility costs incurred in the factory

Debit Factory Utility Account with $20,000

Credit Cash Account with $20,000

5.Advertising Expense Incurred

Debit Advertising Expense Account with $15,000

Credit Cash Account with $15,000

6. Depreciation recorded on equipment

Debit Depreciation on Factory equipment with $15,000

Debit Depreciation on Office equipment with $6,000

Credit Accumulated depreciation with $21,000

7.Sales in the Year

Debit Cash Account with $509,000

Credit Sales with $509,000

B. T Accounts are included in the attached for your understanding

C. Manufacturing overhead has been over applied by $34,300. Workings of this has been attached for your understanding

D.income statement closes with a net profit of $195,000. Refer to attached for detailed breakdown

Explanation:

4 0
3 years ago
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