When Ben left the corporate rat race to start his own pottery business, he used some of his retirement savings to finance the business. This practice is known as bootstrapping.
<h3>What is bootstrapping?</h3>
Bootstrapping is a word used in business to describe the process of starting and growing a firm utilizing solely available resources, such as personal funds, personal computing equipment, and garage space.
Learn more about bootstrapping here:
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Answer:
E. It may encourage a sense of entitlement among employees.
Explanation:
Above the market, compensation in the form of wage strategy in which the organizations initiates high salaries to the employees. High salaries are provided to the employees to attract them and to retain them in the team. This is done to maintain the caliber of the group and for the smooth flow among the team members.
Answer:
$61,640,000
Explanation:
Earning before tax:
= Net income ÷ 60%
= $148,000,000 ÷ 60%
= $246,666,667
EBIT:
= Earning before tax + Interest expense
= $246,666,667 + $46,000,000
= $292,666,667
EVA:
= EBIT(1 - t) - (Capital employed × cost of capital)
= $292,666,667(1 - 0.4) - ($1,036,000,000 × 11%)
= $175,600,000 - 113,960,000
= $61,640,000
Answer:
Try Discord
Explanation:
Discord is an instant messaging app where you can get involved with the community, its free! I hope this helps have a nice day! ;)
