Paul's investment strategy is to look for a rundown property, bring it up to snuff, and sell it for a quick profit. Paul is a Real estate investor.
<h3>What is an investment strategy?</h3>
An investment strategy refers to planning and synchronizing data to gain the financial or economic goal of an individual. This strategy helps to focus on where to invest which generates maximum profit in return.
A real estate investor invests in properties and then resells them again and again within a short span of time to gain profit over this. Their works is to selling and buy properties from different areas and earn a profit when their prices are high.
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Market segments that can be effectively reached and served are said to be accessible. Accessibility is the ability to reach and have access to something. Having an accessible market allows you to predict the revenue opportunity from the good or service you are wanting to market to a specific audience.
Answer:
E. They are problems and resources that most people have experience with or can relate to.
Explanation:
- Such problems and resources are most commonly found in day to day lives. People can easily relate to them as they are simple and common in the workplace.
- They are associated with the resources of particular problems. This making them a subject of practice it becomes easy to use them for teaching and other purposes. Such as enlightenment and giving advice.
Answer:
The answer for each requiremnt is given below.
1. Accounts Payable
both debit and credit entries-credit when buying good on account and debit when paying cash against it.
2. Accounts Receivable
both debit and credit entries-debit when selling good on account and credit when paying cash against it.
3. Cash
both debit and credit entries-credit when making payments and debit when receiving cash income.
4. Fees Earned
credit entries only- as fees is earned.
5. Insurance Expense
Debit entries only - as expense is incurred.
6. Steve Campbell, Drawing
Debit entries only - when Steve draws amount from business.
7. Utilities Expense
Debit entries only - as expense is incurred.
Answer
The answer and procedures of the exercise are attached in the following archives.
Explanation
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.