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2 years ago

Things that will make an entrepreneur successful

1 answer:

5 0

To start off a solid plan, without a plan you will never succeed especially when it cleans to business and making your own product, trying to make and sell something without a plan will guide that new idea straight to the ground

You might be interested in

How did trickle-down economics claim to increase government tax revenues?

chubhunter [2.5K]

<span>How did trickle-down economics claim to increase government tax revenues? By lowering tax rates. Lower tax rates helps the people by giving them a tax break that the wouldn't otherwise get. Paying taxes becomes expensive and it helps those when taxes decrease because they are able to keep more of their income and afford more than they would be able to otherwise. </span>

5 0

3 years ago

J. M. Keyes put all his money in one stock, and the stock doubled in value in a matter of months. He did this three times in a r

adell [148]

Answer:

Lucky event

Explanation:

In the investments market a true measure of market efficiency is to get a track record of positive outcome from investors over time.

The lucky event problem occurs when an investor makes a profit on investment not because of how efficient a market is or by a logical procedure, but rather by chance.

In the given scenario Keyes put all his money in one stock that doubled in 3 months.

However this was not replicated among other investors who made similar vets on other stocks and lost.

This is an exams of lucky event problem in determining market efficiency.

5 0

3 years ago

Kingbird Company has the following stockholders’ equity accounts at December 31, 2017.Common Stock ($100 par value, authorized 8

viktelen [127]

Answer:

Journal Entries :

Common Stocks $29,400 (debit)

Cash $29,400 (credit)

Dividends Declared $174,300 (debit)

Shareholders for Dividends $174,300 (credit)

Shareholders for Dividends $174,300 (debit)

Cash $174,300 (credit)

Cash $30,600 (debit)

Common Stocks $30,600 (credit)

Common Stocks $48,300 (debit)

Cash $48,300 (credit)

Cash $29,100 (debit)

Common Stocks $29,100 (credit)

Explanation:

Common Stocks $29,400 (debit)

Cash $29,400 (credit)

Purchase Cost = 300 shares × $98 = $29,400

Dividends Declared $174,300 (debit)

Shareholders for Dividends $174,300 (credit)

Dividend Calculation = (8600 - 300) × $21 = $174,300

<em>Note : Recognize the Liability : Shareholders for Dividends and recognise the Equity Element : Dividends Declared</em>

Shareholders for Dividends $174,300 (debit)

Cash $174,300 (credit)

<em>Note : De-recognize the Liability : Shareholders for Dividends and De -recognize the Assets of Cash.</em>

Cash $30,600 (debit)

Common Stocks $30,600 (credit)

Proceeds = 300 shares × $102 = $30,600

Common Stocks $48,300 (debit)

Cash $48,300 (credit)

Purchase Cost = 460 shares × $105 = $48,300

Cash $29,100 (debit)

Common Stocks $29,100 (credit)

Proceeds = 300 shares × $97 = $29,100

5 0

3 years ago

W.C. Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014. The firm invested in property, plant, an

Vera_Pavlovna [14]

Answer:

This question requires us to calculate cash flows from operations and net income. Each of them is calculated as follow.

Cash flows from operations

Cash flow from operation comprises of cash generated or spend on core business related purchase and sale. It will be calculated as follow.

Cash from operations = 25,000 - 100,000 =($ 75,000).

Net income

Net income will be calculated using simple cashflow equation given below.

Closing cash balance = opening cashflow + net income + depreciation + cash flow from operations + cash flow investment + cash flow finance

25,000 = 55,000 + net income + 10,000 - 75,000 - 250,000 + 170,000

Net income = 115,000

7 0

3 years ago

Wanda is the chief executive officer of pink corporation, a publicly traded, calendar year c corporation. for the current year,

tia_tia [17]

Wanda's compensation that is deductible by Pink Corporation is equal to $1,250,000.

<h3>What is a corporation?</h3>

A corporation can be defined as a corporate organization that has facilities and owns assets that're used for the production of goods and services in at least one country, other than its headquarter which is located in its home country.

<h3>What is taxation?</h3>

Taxation can be defined as the involuntary fees that are levied on individuals or business firms by the government of a particular country, so as to generate revenues that can be used to fund public projects, institutions and activities.

Mathematically, Wanda's compensation that is deductible by Pink Corporation is given by:

Wanda's compensation = cash compensation × deductible percentage

Wanda's compensation = $2,500,000 × 50%

Wanda's compensation = $1,250,000.

Read more on compensation here: brainly.com/question/15293348

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Complete Question:

Wanda is the Chief Executive Officer of Pink corporation, a publicly traded, calendar year C corporation. For the current year, Wanda's compensation package consists of:

Cash compensation $2,500,000

Nontaxable fringe benefits 250,000

Taxable fringe benefits 150,000

Bonus tied to company performance 2,000,000

How much of Wanda's compensation is deductible by Pink Corporation?

5 0

2 years ago