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Nikolay [14]
3 years ago
14

Lola wants to own a small restaurant. In order to achieve this goal, which action should she perform first?

Business
2 answers:
alisha [4.7K]3 years ago
6 0
Save alot of money for buying the lot
Alona [7]3 years ago
6 0

First thing to do:  Break up the long-term goal into short-term goals.

According to Katie Shives, writing for <em>Inside HigherEd, </em>the best way to achieve goals "is working backwards once your goal is identified."  To do that, you first ask yourself what are the major components of the goal, and what sub-projects need to be completed in working toward the major project goal.  Shives says, "This is very much a project management approach to setting goals and can help by allowing you to break big projects into minor components, accurately estimate the time to completion, set multiple realistic milestones, and to adjust timelines as you move forward."

So with that advice in mind, and based on a list of options I've seen elsewhere, the order of goal achieving would go as follows:

  1. Break up the long-term goal into short-term goals.
  2. Sequence all the tasks (to achieve those short-term goals).
  3. Write down a realistic period to accomplish the goal.  (You can't estimate that until you've identified the short-term goals and associated tasks.)
  4. Break up the goal into daily tasks -- setting yourself a schedule to take your project from an idea to a completed reality.
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Bridgeport Company buys and sells securities expecting to make money on short-term price movements. Bridgeport purchased 150,000
LenKa [72]

Answer:

d. Dr. Investment in Intel $450,000 Cr. Net unrealized holding gains/losses - (P&L) $450,000

Explanation:

                           Adjusting journal entry

Date      Account titles and Explanation             Debit           Credit

Dec 31   Investment in Intel                                $450,000

              [($23-$20)*150000 shares]

                      Net unrealized holding gains/losses (P&L)      $450,000

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2 years ago
On January 1, Year 2, Grande Company had a $63,400 balance in the Accounts Receivable account and a $1,300 balance in the Allowa
irinina [24]

Answer:

$1,520

Explanation:

Given that,

Accounts Receivable balance = $63,400

Allowance for Doubtful Accounts balance = $1,300

Services provided on account during year 2 = $152,000

Cash collected from accounts receivables = $161,300

Estimated Uncollectible accounts = 1% of sales on account

Therefore, the amount of uncollectible accounts expense during the year 2 is the 1 percent of the amount of services provided on account to a customer.

Hence, the amount of uncollectible accounts expense recognized on the Year 2 income statement is calculated as follows:

= Services provided on account × Estimated Uncollectible accounts

= $152,000 × 1%

= $1,520

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Pure economic rent is:
shutvik [7]

Answer:

A. The payment to factors whose supply is perfectly inelastic.

Explanation:

This means that this factor of production need to be purchase regardless of the price change, otherwise the business operation couldn't continue.

One example of a pure economic rent is the cost of latex for rubber glove manufacturer. Since latex is the main ingredients for the product, that company still have to buy it even if the price of the latex is increasing (inelastic) . Otherwise, the company need to shut down its operation.

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3 years ago
What is a trust established while the owner of the trust is still alive
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Answer:

A trust created while a person is still alive is called a Living Trust. The Living Trust is created when one person, a Grantor, places property into the trust.

Explanation:

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