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2 years ago

What are some common traits good entrepreneurs have?

2 answers:

6 0

They take calculated risks.&They try to solve problems by using new products and processes.

Here are some examples

Passion. For those uninitiated, entrepreneurs are not in it for the money. ...

Resilience. ...

Strong Sense of Self. ...

Flexibility. ...

Vision.

Reika [66]2 years ago

5 0

Answer:

Traits of entrepreneurs:

Flexibility, confindence, creativeness, full of motivation, the ability to be persuavsive, being bold, highly adaptable, and a good set of problem solving skills.

Entrepreneurs need to be able to overcome challenges and help solve problems in our ever-elvolving world. Having some of those traits can help people out in general.

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Issued a check for $1,010 to pay the monthly rent. Issued a $1,300 check to pay a creditor on account. Purchased new equipment f

kodGreya [7K]

Answer:

Issued a check for $1,010 to pay the monthly rent

Account Debit Credit

Rent Expense $1,010

Bank $1,1010

Issued a $1,300 check to pay a creditor on account.

Account Debit Credit

Creditor $1,300

Bank $1,300

Purchased new equipment for $390 and paid $110 immediately by check with the remainder due in 30 days.

Account Debit Credit

Equipment $390

Bank $110

Accounts Payable $280

Provided services on credit in the amount of $860.

Account Debit Credit

Service Revenue $860

Accounts Receivable $860

Performed services for cash in the amount of $1,320.

Account Debit Credit

Service Revenue $1,320

Cash $1,320

The owner made an additional investment of $5,600 in cash and $1,050 in equipment.

Account Debit Credit

Cash $5,600

Equipment $1,050

Capital $6,650

Purchased $190 worth of supplies on credit.

Account Debit Credit

Supplies $190

Accounts Payable $190

Sent a $105 check to the utility company to pay the monthly bill.

Account Debit Credit

Utilities Expense $105

Bank $105

Collected $650 from credit customers.

Account Debit Credit

Cash $650

Accounts Receivable $650

7 0

2 years ago

JL.53 Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto body parts.

Strike441 [17]

Answer:

Annual demand = 75000 = D

S = ordering cost/set up cost = $53

d = daily demand = 75000/250 = 300

h = holding cost per unit per year = $25

p = Daily production rate = 320

optimal size of the production run =EPQ = sqrt((2*D*S)/(h*(1-(d/p))))

= sqrt((2*75000*53)/(25*(1-(300/320))))

= 2255.659549 = 2255.66 (Rounded to 2 decimal places)

maximum inventory = EPQ*(1 - (d/p))

= 2255.66*(1 - (300/320))

= 140.97875

Avergae inventory = 140.97875/2 = 70.49

Number of production runs = Annual demand/EPQ = 75000/2255.66 = 33.25

Holding cost with EPQ = 2255.66 = 70.49*25 = 1762.25

With EPQ = 500, maximum inventory = 500*(1 - (300/320)) = 31.25

Holding cost with EPQ = 500, holding cost (31.25/2)*25 = 390.625

Savings = 1762.25 - 390.625 = 1371.625

6 0

2 years ago

5. For the following observations, calculate the class width for a histogram.

Soloha48 [4]

Answer:

See Explanation

Explanation:

Given

The histogram

Required

The class width

The question is poorly formatted, as the histogram cannot be read. So, I will answer your question with the attached histogram

The class width is:

$Width = Upper - Lower\ Limits$

Using the first class, as reference:

$Lower\ Limits = 1$

$Upper\ Limits = 4$

So, the class width is:

$Width = 4 -1$

$Width = 3$

6 0

2 years ago

Two examples of generally accepted accounting principles are:

tresset_1 [31]

The answer to this question is: <span> accounting for leases and accounting for fair value assets
Leases and fair value assets is often used by companies in order to make their company valuation seem higher than it supposed to be. So, standardized rules regarding the proper way to make the valuation should be written under the Generally accepted accounting principles.</span>

8 0

2 years ago

Given your understanding of the marketing discipline (analyzing the situation through the 3cs, developing marketing strategy thr

Dmitrij [34]

Answer:

Explanation:

1.Price: check if our price is still within the range of what our customers can afford or budget for.

2.Promotion: Does our customers or potential customers still view our advertisements.

3.Product: is our product still relevant and up to date when it comes to services and software.

4.Customers: Talk about our target audience, is there any change?

5.Competition: what are our competitors doing, why do customers prefer them to us

5 0

2 years ago