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3 years ago

What are the challenges in entrepreneur?

Business

1 answer:

tester [92]3 years ago

8 0

Inadequate capital. Entrepreneurs do not have enough money to venture into sectors they are willing to.

Marketing strategy. They do not know the best way to advertise their products.

It takes days or weeks to get the right people to work for you.

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PROBLEM 12-15 In Mississippi, a customer pays $52.41 for a product (including MS state sales tax). In Alabama, a customer pays $

alekssr [168]

Answer:

Please see attachment

Explanation:

Please see attachment

7 0

3 years ago

XminusIndustries manufactures 3minusD printers. For each unit, $ 2 comma 800 of direct material is used and there is $ 1 comma

Citrus2011 [14]

Answer:

the profit earned on 52 units is $110,500

Explanation:

Profit = Sales - Cost of Sales

First determine the cost of sales

Hint : Prepare a manufacturing cost schedule

Direct Materials ($ 2,800 × 52 units) = $145,600

Direct Labor ($ 1,900 × 52 units) = $98,800

Manufacturing Overheads ($25 × 95 hours × 52 units) = $123,500

Total Cost =$367,900

Then determine the Profit

Sales ($9,200 × 52 units) = $478,400

Less Cost of manufacture = ($367,900)

Net Income / (Loss) = $110,500

Conclusion :

Calculate the profit earned on 52 units is $110,500

7 0

3 years ago

A firm with a net income of $30,000 and weighted average actual shares outstanding of 15,000 for the year also had the following

scZoUnD [109]

Answer:

A. $1.70

Explanation:

Available Information:

Actual average number of shares outstanding = 15,000 shares

Total common shares issued on conversion = 2,900 share

First Calculate Weighted average number of shares outstanding using following formula:

Weighted average number of shares outstanding = Actual average number of shares outstanding + Total common shares issued on conversion

Weighted average number of shares outstanding = 15,000 + 2,900

Weighted average number of shares outstanding = 17,900 shares

Now Put all the value in the following formula of Diluted EPS:

Diluted EPS = Net Income - Preferred dividend / Weighted average number of shares outstanding

Diluted EPS = ( $30,000 - $4,500 ) / 15000 shares

Diluted EPS = $25,500 / 15000 shares

Diluted EPS = $1.70 / Share

3 0

4 years ago

Jennifer is marketing manager for a major consumer goods firm. She is interested in determining if market opportunity exists for

Andrei [34K]

Answer:

- How to best segment the ready-made dinner market.

4 0

4 years ago

You have just purchased a new warehouse. To finance the purchase, you've arranged for a 25-year mortgage for 80 percent of the $

Ahat [919]

Answer:

7.67%

Explanation:

Monthly payments from mortgages are calculated with the compounding montly interest rate.

Thus, you can "calculate" the monthly rate and the multiply by 12 to obtain the APR (annual percentage rate).

The equation for the monthly payment is:

$Monthly\text{ }Payment=Loan\times \bigg[\dfrac{r(1+r)^t}{(1+r)^t-1}\bigg]$

Loan = 80% × $1,800,00 = $1,440,000
Monthly payment = $10,800
t = number of months = 25 × 12 = 300

Substitute:

$\$10,800=\$1,440,000\times \bigg[\dfrac{r(1+r)^{300}}{(1+r)^{300}-1}\bigg]$

You must find r but it is very difficult to make it the subject of the equation; thus, the best is to do succesive calculations:

Tests:

r monthyly payment

0.01 $15,166.43 > $10,800 ⇒ lower
0.005 $ 9,277.94 < $10,800 ⇒ increase
0.006 $10,362.08 pretty close; increase a little bit
0.00639059 $10,800 ↔ this is the number

Multiply the rate by 12 (to obtain the APR): 0.00639059 × 12 = 0.07668708 = 7.67%.

APR = 7.67% ← answer

5 0

4 years ago

What are the challenges in entrepreneur?​

What are the challenges in entrepreneur?