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irga5000 [103]
3 years ago
15

Use the Internet to research different outside financing sources available to entrepreneurs. You will need to have at least thre

e sources and their URL link locations.
Now that you have completed the research, record your findings in the table below.

Fill in three sources of financing and include their links.
Explain how an entrepreneur can acquire a loan from the financing source.
Business
1 answer:
Scrat [10]3 years ago
8 0

Answer:

Three sources of financing to a business includes;

1) Angels (National Angel Capital Organization, NACO)

Wealthy and experienced retired industry leaders, that invest in startups, require transparency, and take charge of the supervision of the business management practices

2) Business Accelerator or Incubators (MaRS; MaRS Discovery District)

An incubator provide enabling environment and resources for startups to develop ideas before going into production

3) Bank Loans (Business Development Bank of Canada, BDC)

Bank provide loans to startup with a good idea and an accompanying excellent business plan, and personal guarantee

Explanation:

You might be interested in
An optimum that occurs as a corner solution A. cannot exhaust the budget constraint. B. includes only one good. C. cannot be an
bazaltina [42]

Answer:

B. includes only one good.

Explanation:

A corner solution is a microeconomics concept, which is used to illustrate the graphical representation of a situation where an individual wouldn't do some things at any cost or for any price.

Optimum is usually experienced on the consumer graph at the point where the indifference curve (IC) is just tangential to the consumer's budget constraint. Thus, the corner solution lies at the non-zero interior, which then means that none of the other goods is contained in the optimum.

Hence, an optimum that occurs as a corner solution includes only one good.

<em>For instance, Tracy saying she wouldn't buy a XYZ phone for any price, or Sarah saying she would visit a museum no matter how much it will cost her are some examples of corner solution. </em>

4 0
3 years ago
A major oil company is considering the optimal timing for the construction of new refineries. From past experience, each doublin
Doss [256]

Answer:

a, 22276.07

b. $32.9157 million

c.$29.9669million

Explanation:

Find the values of k   and  a assuming a relationship of the form   Assume that  f(y)=ky^a is in units of barrels per day.

\frac{f(2y)}{f(y)} =1.75=\frac{k(2y)^a}{k(y)^a} =2^{a} =a=\frac{Ln(1.75)}{Ln(2)} =0.8073

f(y)=ky^a=k=\frac{f(y)}{y^a} =\frac{25}{6000^0.807} =22276.07

b. Determine the optimal timing of plant additions and the optimal size and cost of each plant addition.a=0.8073, rx=0.41

optimal timing x=rx/r=2.05yrs

optimal size xD=2.05(1.5)

3.075million barrels/year

f(y)=ky^a=0.0223(\frac{3.075*10^5}{365} )^0.8073=32.9157million\\

$32.9157 million

c. Suppose that the largest single refinery that can be built with current technology is 7,500 barrels per day. Determine the optimal timing of plant additions and the optimal size and cost of each plant in this case

Optimal size xD=min\frac{307500}{365} ,7500= 7500 barrls/day =2.735million barrels /year

Optimal timing will be X^*=x*D/D=2.7375/1.5=1.825 year

optimal cost f(y)=ky^a=0.0223(7500)^0.8073=$29,9669 milion

Download docx
4 0
4 years ago
If Japan has a comparative advantage in the production of microchips,how would that affect their international trade?
12345 [234]

Answer: countries would purchase microchips from japan because they are cheaper

Explanation:

6 0
3 years ago
Read 2 more answers
For this question, assume that the expected rate of inflation is a function of the past year's inflation. Also, assume that the
olga_2 [115]

Answer:

The inflation rate should remain the same or around the same.

Explanation:

Since almost 50 years ago, there has been a very steady relationship between the inflation rate and the unemployment rate in the US. When the inflation rate is lowering, the unemployment rate tends to increase, and vice versa.

In this case the unemployment rate is stable and has been stable for a number of years, so the inflation rate should remain the same as last year's.

4 0
4 years ago
In its most recent financial statements, Westhouse Corp. reported $41 million of net income and $665 million of retained earning
Lisa [10]

Answer:

$51 million

Explanation:

The movement or difference between the opening and closing retained earnings is the net in the dividends paid and the net income for the year.

Given

net income = $41 million

Opening retained earnings  = $675 million

closing retained earnings = $665 million

Dividend paid = p

$675 million + $41 million - p = $665 million

p = $675 million + $41 million - $665 million

p = $51 million

Dividend paid to shareholders is $51 million

4 0
3 years ago
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