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olga nikolaevna [1]
3 years ago
11

3Hame and explainof skills that should be possess by an entrepreneur ​

Business
1 answer:
vaieri [72.5K]3 years ago
7 0

Answer:

1. Curiosity. Great entrepreneurs are tasked with identifying new problems, identifying potential niche opportunities, refactoring their existing business processes, and innovating. This necessitates a passion for various fields of study and business cases that are outside of one's comfort zone.

2. Time management. Prioritization, milestone definition, execution, and iteration are all critical. None of this would be possible without the proper project management and time allocation methodologies in place to complete the work.

3. Strategic thinking. Learning to break down a problem to its simplest components and identify growth opportunities. Inventive problem-solving and spotting the low-hanging fruit. Defining an MVP's scope and testing concepts in a short amount of time and on a tight budget.

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On January 1, Year 7, Colorado Corp. purchased a machine having an estimated useful life of 8 years and no salvage value. The ma
shepuryov [24]

Answer:

D) $0

Explanation:

The depreciation method changed, but the previous depreciation expense has already been recorded and subject to taxes. Therefore the new straight line depreciation should start with the remaining asset value and calculate the depreciation expense for the remaining 6 years:

For example, if the purchase value was $1,200,000 (= $300,000 x 4), the remaining value would be $675,000 then the depreciation expense will be $112,500 per year during the next 6 years starting on year 9.

5 0
3 years ago
Which PESTEL factors are the most salient for the electric vehicle segment of the car industry? Which PESTEL factors are the mos
pantera1 [17]

Answer:

PESTEL factors that are most salient for the electric vehicle segment of the car industry are economical, technological, and ecological.

PESTEL factors that are most salient for the battery industry are technological, social and economic

Explanation:

PESTEL factors that are most salient for the electric vehicle segment of the car industry are economical, technological, and ecological.

PESTEL factors that are most salient for the battery industry are technological, social and economic.

Electric cars would be economic as compared to gas and other forms of energy used to run a car or any other vehicle.

8 0
3 years ago
What is the difference between a checking account debit card and a gift card?
vekshin1
A gift card is something that anyone, of any age, can buy. This card works only at the certain business it is for. Such as a Burger King gift card, you can only use that card at Burger King. A checking account debit card is a card you can use in any situation, as long as they have the proper equipment. This card extracts money from your banking account, whereas the gift card has a set amount of money on it. Also, a checking account debit card is only given to people 18 and over, since signing a check is technically signing a contract, and using a debit card goes along the same lines as signing a check. 
6 0
3 years ago
Lambert Manufacturing has $120,000 to invest in either Project A or Project B. The following data are available on these project
Angelina_Jolie [31]

Answer:

c. $74,450

Explanation:

The computation of the Net present value is shown below  

= Present value of all yearly cash inflows after applying discount factor + salvage value - initial investment  

where,  

The Initial investment is $120,000

All yearly cash flows would be

= Annual net operating cash inflows × PVIFA for 6 years at 14%  

= $50,000 × 3.8887

= $194,435

Refer to the PVIFA table

Now put these values to the above formula  

So, the value would equal to

= $194,435 - $120,000

= $74,435 approx

6 0
4 years ago
The balance of the revenue account is transferred to the
miv72 [106K]
Credit side of a the balance of revenue account is transferred
6 0
3 years ago
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