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3 years ago

Select the statement about founders that is not true:_______.

Business

1 answer:

Ivenika [448]3 years ago

7 0

Answer:

4. Founders in their 20s succeed at a higher rate than founders in their forties

Explanation:

There's is no evidence or statistical data which validates this statement. Consider, we have many company founders who were in their forties, and they were able to their companies successfully.

For example, we have founders like;

Sam Walton, the founder of Wal-Mart
Arianna Huffington, the founder of The Huffington Post

All of the above were in their forties but succeeded in their companies.

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You have just made a $1,500 contribution to your individual retirement account. Assume you earn a rate of return of 8.7 percent

vekshin1

Answer:

Instructions are listed below

Explanation:

Giving the following information:

You have just made a $1,500 contribution to your retirement account. Assume you earn a rate of return of 8.7 percent and make no additional contributions.

To find the final value we need to use the following formula:

FV= PV*(1+i)^n

A) n= 25

FV= 1500* (1.087^25)= 12073.41

B) n= 20

FV= 1500*(1.087^20)= $7955.77

7 0

3 years ago

Toxic materials, of an abnormally dangerous nature, were being transported by truck from a manufacturer's plant to a warehouse w

Otrada [13]

Answer:

No, because the drivers injury did not result from the toxicity of the materials.

Explanation:

In the context, a strict liability in this situation will be based on abnormally dangerous nature of the toxic materials that the manufacturer produces. But the strict liability action is required that the risk which materializes to be the same risk which lead the courts to be label the event as 'abnormally dangerous' in its first place itself. In this situation, the toxicity of the materials is not the cause of the injury of the driver, the driver's only cause of action is his negligence while driving.

7 0

3 years ago

Why are controls needed in a case-control study?

boyakko [2]

Controls are needed in a case-controlled study because the outcome would be invalid if there were no base controls to start with. It would be like trying to determine which cancer is more aggressive but if you don't have a control in place or to go by, your research would not have any validity.

7 0

3 years ago

We observe a 20 percent increase in units purchased and an 8 percent decrease in price. The price elasticity of demand in terms

harina [27]

Answer:

the correct answer

a) 2.5

8 0

3 years ago

A manufacturer of cedar shingles has supplied the following data: Bundles of cedar shakes produced and sold 360,000 Sales revenu

lina2011 [118]

Answer:

Break-even point in units= 346,087

Explanation:

First, we need to calculate the unitary selling price and unitary variable cost:

Selling price= 2,412,000 / 360,000= $6.7

Unitary variable cost= (1,170,000 + 414,000) / 360,000= $4.4

To calculate the break-even point in units, we need to use the following formula:

Break-even point in units= fixed costs/ contribution margin per unit

Break-even point in units= (714,000 + 82,000) / (6.7 - 4.4)

Break-even point in units= 346,087

5 0

3 years ago