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loris [4]
3 years ago
8

Explain one benefit to a business of using crowd funding as a source of finance

Business
1 answer:
Anna35 [415]3 years ago
4 0

Answer:

Explanation:

Crowdfunding can be regarded as a way in which businesses can raise funds through the contribution of large number of people to the project.

SPEED AND ACCESSIBILITY

Crowdfunding helps the entrepreneur/ Businesses to get the necessary capital without passing through arduous process involving in loan collection, and this is good for small and medium companies that doesn't have enough creditworthiness in taking loan. As far as crowdfunding is concerned, no special qualifications involved in starting a crowdfunding campaign, within some hours ones page can be outlined and make visible to crowdfunding platform’s audience. There is no hunt down of specific venture capitalists.

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QUESTION 8 of 10: Your average weekly take home wage is $615. You take a one-week paid vacation and a second week unpaid vacatio
levacccp [35]

Answer:

$45

Explanation:

A surplus is when income exceeds expenses.

One year has 52 weeks. If one week was unpaid leave, then payments were received for 51 weeks.

Average payments per week = $615

Total earning per week =$615 x 51

=$31,365  

The total expenses for the year were  $31,320. The surplus amount will be income minus expenses

= $31,365 - $31,320

=$45

             

7 0
3 years ago
You’ve decided to buy a house that is valued at $1 million. You have $250,000 to use as a down payment on the house, and want
LuckyWell [14K]

Answer: $6581.58

Explanation:

Based on the information given in the question, the mortgage payment per month will be calculated thus:

= [P x I x (1+I)^N]/[(1+I)^N-1]

where,

P = Principal = $750000

I = Interest rate per month = 10%/12 = 0.10/12 = 0.008333

N = number of installments = 30 × 12 = 360

Then, the equated monthly installment will be:

= [750000 × 0.008333 × 1.008333^360] / [1.008333^360-1]

= [750000 × 0.008333 × 19.8350386989] / [19.8350386989 - 1]

= 123964/18.835

= 6581.58

Under this loan proposal, your mortgage payment will be $6581.58 per month.

4 0
2 years ago
What detail best supports the topic sentence "Open office layouts increase collaboration"?
Lena [83]
B. When employees can see one another from their desks, they are 70% more likely to work together.
8 0
2 years ago
Brian has been recently promoted to the position of CEO at a large company that produces a wide variety of consumer goods. Brian
antoniya [11.8K]

Answer: C. Personality traits that are associated with success in one situation are likely to lead to success in other situations.

Explanation:

Personality traits shows the thoughts, behaviors and feelings of people. The main personality traits are extraversion, openness, agreeableness, conscientiousness, and neuroticism

Based in the information given in the question, Brian assumes that the personality traits that are associated with success in one situation are likely to lead to success in other situations. This is because personality traits are typically consistent and playing a vital role in the success of an individual.

4 0
2 years ago
Written, Inc. has outstanding 600,000 shares of $2 par common stock and 120,000 shares of no-par 8% preferred stock with a state
belka [17]

Answer:

The common stockholders will receive $222,000.

Explanation:

The preferred stockholders will have the right over the common stockholders to receive the dividend payable to them.

In the question:

+ The dividend payable to preferred stockholders in one-year is calculated as: Share outstanding x Dividend percentage x stated value of preferred stock = 120,000 x 8% x 5 = $48,000;

+ The dividend payable to preferred stock is for 3 year ( past two years plus current year), so total dividend payable is: 48,000 x 3 = $144,000.

So, preferred stockholder will be paid $144,000 out of $366,000 dividend distributed this year.

=> Amount of dividend distributed to common stockholders = 366,000 - 144,000 = $222,000.

6 0
3 years ago
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