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3 years ago

Which skill is most important for a successful entrepreneur? Answer: Tenacity

Business

2 answers:

ivanzaharov [21]3 years ago

7 0

Answer: Tenacity

The person answered in their question, but I needed points so I will gladly accept them.

Have a great day and take mental health breaks!

PilotLPTM [1.2K]3 years ago

6 0

Answer:

Tenacity

Explanation:

Tenacity is a skill that is most important for a successful entrepreneur.

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___ are the criteria the firm uses to screen credit applicants in order to determine which of its customers should be offered cr

77julia77 [94]

Answer:

Credit standards

Explanation:

The credit standard refers to the guidelines that are issued by the organization which analyzed whether the borrower is eligible for the loan or not. It could be checked by his or her credit score that reflects the full picture of borrower credit history i.e borrower is paying the amount of loan within in the given time or not or he is a defaulter that helps in deciding whether to offer credit or not and by how much

6 0

4 years ago

Colliers, Incorporated, has 100,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the

VladimirAG [237]

a. The amount that will go to the preferred stockholders is $400,000.

b. The amount of the declared dividend that will be available for common stock dividends is $200,000 ($600,000 - $400,000).

Data and Calculations:

Cumulative Preferred Stock Outstanding = 100,000 shares

Dividends per share = $2

Cumulative Preferred Dividend last year = $200,000 (100,000 x $2)

Preferred Dividend this year = $200,000 (100,000 x $2)

Total preferred dividend to be paid this year = $400,000

Thus, the Preferred Stockholders will be paid $400,000 ($200,000 for last year and $200,000 for this year).

Learn more: brainly.com/question/24297088

6 0

3 years ago

Which of the following is associated with the market development strategy?

pantera1 [17]

Answer: Option (c) is correct

From the given option the following is associated with the market development strategy: Adding new features to products.

Market development refers to the technique under growth strategy that visualize and establish new market segments for their products. This terminology targets non-buying individuals in targeted segments. This also targets new individuals in new segments.

4 0

4 years ago

Motors is a chain of car dealerships. Sales in the fourth quarter of last year were $4,600,000. Suppose management projects that

MariettaO [177]

Answer:

Budgeted Income Statement for each of the four quarters and for the entire year

Quarter 1st 2nd 3rd 4th

Sales $4,738,000 $5,069,660 $5,323,143 $5,536,069

Cost of Sales ($2,132,100) ($2,281,347) ($2,395,414) ($2,491,231)

Gross Profit $2,605,900 $2,788,313 $2,927,729 $3,044,838

Operating Costs ($1,421,400) ($1,520,898) ($1,330,786) ($1,107,214)

Operating Profit $1,184,500 $1,267,415 $1,596,943 $1,937,624

Explanation:

Pay attention to the calculation of the following amounts :

Sales - These are based on increments per quarter
Cost of Sales - The Cost for quarter is at 45% of Revenue
Operating Costs - Based on Sales amounts ( 30 % in the first two quarters , 25% in third and 20% in the 4th quarter.)

6 0

3 years ago

The adjusted trial balance for Chiara Company as of December 31 follows.

faust18 [17]

Answer and Explanation:

The preparations are presented below:

a. For income statement

Chiara Company

Income statement

For the year ended Dec 31

Revenues

Fees earned $544,000

Interest earned $30,000

Total revenues $574,000

Less: expenses

Depreciation expense - Automobiles $26,000

Depreciation expense- Equipment $20,000

Salaries expense $187,000

Wages expense $43,000

Interest expense $32,200

Office supplies expense $34,200

Advertising expense $63,000

Repairs expense - Automobiles $25,200

Total expenses ($430,600)

Net income $143,400

b. For a statement of retained earnings

Chiara Company

Statement of retained earnings

For the year ended Dec 31

Beginning balance of retained earnings $257,220

Add: Net income $143,400

Less: Dividend -$45,000

Ending retained earnings balance $355,620

c. For balance sheet

Chiara Company

Balance sheet

For the year ended Dec 31

Liabilities & equity Amount Assets Amount

Liabilities & equity Cash $132,400

Accounts payable $98,000 Accounts receivable $50,500

Interest payable $20,000 Interest receivable $20,800

Salaries payable $22,000 90 days notes receivable $171,000

Unearned fees $28,000 Office supplies $16,500

Long-term notes payable $144,000 Automobiles 169,000

Common stock $26,580 Less:

Retained earnings $355,620 Accumulated depreciation

Automobiles $ 80,000 $89,000

Total liabilities & equity $694,200 Equipment 140,000

Less:

Accumulated depreciation

Equipment 23,000 $117,000

Land $79,000

Total assets $694,200

3 0

3 years ago