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3 years ago

List at least two signs that entrepreneurship might not be a good fit for you.

Business

2 answers:

dem82 [27]3 years ago

8 0

Explanation:

Entrepreneurship is the initiative of having a business of its own, that is, opening a business or establishment working for oneself. To open your own business you need to be 1) creative and 2) have initiative. This is because it is always necessary to create or innovate in front of the market and have the initiative to make difficult decisions. So if you are not creative and innovative, and have no initiative, entrepreneurship may not be the best option.

ikadub [295]3 years ago

5 0

Many people are entrepreneurs. My dad actually is, but anyway...

Entrepreneurs are people who own a company or business. They are not working for another company but working for themselves.

Many citizens don't feel confident in entrepreneurship and many don't know where to start.

Some people prefer following orders instead of making them.
Or even some don't prefer hard work. Just to point out, entrepreneurship is very hard, not all are successful.

I hope this helped!

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In its first year of operations, Crane Company recognized $29,500 in service revenue, $6,100 of which was on account and still o

Montano1993 [528]

Answer: See explanation

Explanation:

1. Calculate the first year's net earnings under the cash basis of accounting, and the first year's net earnings under the accrual basis of accounting.

The first year's net earnings under the cash basis of accounting will be:

Service revenue = $23400

Less: Expenses = $14310

Net income = $9090

The first year's net earnings under the accrual basis of accounting will be:

Service revenue = $29500

Less: Expenses = $15500

Net income = $14000

2. Which basis of accounting (cash or accrual) provides more useful information for decision-makers?

It should be noted that the accrual basis of accounting gives decision makers more useful information. This is due to the fact that the decision makers will probably want to know the revenue and the expenses that were incurred for a particular period and every other necessary details.

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3 years ago

Gloria is a broker for Jan. Jan is not satisfied with Gloria's work, so she fires her by email three months into a six-month ter

Blababa [14]

No, Gloria can not legally continue to work for Jan, because Jan has withdrawn her consent for Gloria to act on her behalf.

<h3>What is meant by consent?</h3>

Consent refers to the parties' mutual comprehension of the terms of the agreement. The contract requires the voluntary assent of both parties. If there are certain mistakes, or if one party attempts to deceive or pressure the other, consent will not be considered voluntary or genuine.

The importance of consent in business-

Regardless of how you phrase it, consent helps us be more successful marketers.
It makes us "ethical" marketers who recognize that acting morally will increase our chances of success in addition to ensuring that we abide by the law.

The three sorts of consent that an organization may get are as follows:

Explicit Consent: An individual must be given a clear choice regarding whether to agree or object to the collection, use, or disclosure of their personal information in order to give their explicit consent.
Implicit Consent: Implied consent is consent that isn't explicitly given by a person but is instead inferred from their behavior and the specific facts and circumstances surrounding the scenario (or, in certain cases, from their silence or inactivity).
Opt-out Consent: Organizations do not need to get the user's consent before collecting and using their personal data if they have an opt-out consent.

To know more about laws and regulations important for employers, here

brainly.com/question/26463698

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4 0

2 years ago

YellowCard Company manufactures accessories for iPods. It had the following selected transactions during 2017. (Note: For any pa

jarptica [38.1K]

Answer:

warrant expense 51,000 debit

cash 6,000 credit

warranty liability 45,000 credit

--to record warrant-related accounts--

interest payable 16,667 debit

interest expense 3,333 debit

cash 20,000 credit

--to record interest expense for the loan and installment--

Manufacturing Facilities 5,192,772 debit

Cash 5,000,000 credit

Restoration Liability 192,772 credit

-- to record the payment to contractor--

Explanation:

Warranty: the additional expected expense are considered warranty laibility

Loan: we previously recorded accrued interest from March 1st to Dec 31th

That is: 200,000 x 10% x 10/12 months = 16,667 payable

At February 28th we recognize the last two month of interest

200,000 x 10% x 2/12 months = 3,333 expense

in total we have 16,667 + 3,333 = 20,000 cash outlay

Facility: the asset should add to all the cost necessary to acquire it:

As the conversion into community center is mandatory it is part of the cost:

present value of the 500,000 in ten years:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity $500,000.00

time 10.00

rate 0.10000

$\frac{500000}{(1 + 0.1)^{10} } = PV$

PV 192,771.6447

Total cost:

5,000,000 cashg + 192,772 liability = 5,192,772

4 0

3 years ago

A company is trying to decide whether to sell partially completed goods in their current state or incur additional costs to fini

Ghella [55]

Answer:

b-the costs incurred to process the units to this point

Explanation:

Since in the question it is given that the company want to decide whether to sell partially completed goods or should incurred extra cost in order to finished the goods and sells them as a completed unit

So there should be the decision regarding selling price for the units that are completed, the selling price for the units that are partially completed and the cost i.e to be incurred for finishing the units

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3 years ago

Increased optimism about the future will lead to Multiple Choice

iragen [17]

Answer:

Explanation:

more current investment and more future consumption.

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3 years ago