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Zielflug [23.3K]
3 years ago
5

Poor business management is a cause of many small-business failures.​

Business
1 answer:
MAXImum [283]3 years ago
6 0

Answer:

True....its very very true..

You might be interested in
Which role did women most likely play in bringing dramatic change to hunter-gatherer societies?
tino4ka555 [31]

Answer:

women were not much of tamers, they were treated as animals themselves.  They worked in the fields and in the home with the children and chores

6 0
3 years ago
Read 2 more answers
Grace Owen formed a corporation with three of her friends for purposes of operating a catering company. Grace used her own check
andrezito [222]

Answer:

Grace is incorrect because of the veil and alter ego theory

Explanation:

In this scenario Grace formed a corporation along with her three friends. As a result of catering services offered guest became ill and sued Grace and the other owners for damages.

According to the alter egos theory personal liability can be invoked on the owners of a corporation or its limited liability members.

Alter ego theory is used to penetrate the corporate veil that protects shareholders. Personal liability can be assigned on the business owner as it is in this case against Grace and the other owners.

7 0
3 years ago
Pat used to work as an aerobics instructor at the local gym earning $35,000 a year. Pat quit that job and started working as a p
Svetlanka [38]

Answer:

B. $34,000; -$1,000

Explanation:

Accounting profit equals total revenue minus explicit costs. Here,

$50,000 - $12,000 - $1,000 - $3,000 = $34,000.

Economic profit equals total revenue minus the sum of both explicit and implicit costs. Here,

$50,000 - $12,000 - $1,000 - $3,000 - $35,000 = -$1,000

4 0
3 years ago
The Seattle Corporation has an investment opportunity that will yield cash flows of $30,000 per year in Years 1 through 4, $35,0
zlopas [31]

Answer:

4.86 years

Explanation:

Data provided in the question:

Cash flow each year from year 1 to year 4 = $30,000

Cash flow in year 5 through 9 = $35,000

Cash flow in year 10 = $40,000

Initial investment = $150,000

Firm's WACC = 10%

Now,

Accumulated cash flow for 4 years = $30,000 × 4 = $120,000

Accumulated Cash flow for 5 years = $120,000 + $35,000

= $155,000 > amount invested ($150,000)

Thus,

Remaining payback amount required in year 5 = $150,000 - $120,000

= $30,000

Payback period for $30,000 in year 5 = [$30,000 ÷ Annual cash flow]

= $30,000 ÷ $35,000

= 0.86 years

Hence,

Total payback period for this investment is

= 4 years + 0.86 years

= 4.86 years

4 0
4 years ago
On June 8, Alton Co. issued an $88,500, 7%, 120-day note payable to Seller Co. Assume that the fiscal year of Seller Co. ends Ju
Furkat [3]

Answer:

Amount of interest revenue recognized =\frac{2065\times 98}{120}=$1686.41

Explanation:

Principal amount P = $88500

Rate of interest r = 7 %

Total number of days = 120

So interest =\frac{principal\ amount\times rate\times time}{100}=\frac{88500\times 7\times 120}{360\times 100}=$2065

Number of days from 8 june to 30 june = 30-8 = 22 days

So left days = 120-22 = 98 days

So amount of interest revenue recognized =\frac{2065\times 98}{120}=$1686.41

3 0
3 years ago
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