1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
IRISSAK [1]
2 years ago
12

Should Monics and Ami use a loan or their personal funds to finance their business startup? What other alternatives might they c

onsider?
Business
2 answers:
Andrews [41]2 years ago
4 0
Answer:-
Loan without interest
KATRIN_1 [288]2 years ago
3 0

Answer:

Explanation:

Financing Business and Personal Aetivities money to start a basiness might result in financial difficulties later on for the business. If you use your own savings to start a business, you might face personal financial problems. What should you do? The answer is not easy. However, you would need to consider sales, expenses, and cash flow in making your decision. Initial sales for the 3D printing business are estimated at $2,200 a month. Sales are expected to grow about 10 percent every six months. However, from this sales various besiness expenses miast be deducted. These include rent, utilities, supplies, advertising, salaries, and insurance. s there is incressed interest in and market opportunities for 3D printing, Monica and Ami have decided to purchase equipment that would serve the marketing needs of various local basinesses. Their 3D printing business would provide product prototypes, innovative marketing materials, and ereative point-of -sale displays. The cost of the equipment and other business start-up expenses are estimated at s6,400. Monica and Ami need to decide whether to use their personal funds or take out a loan to launch the business. A major cause of business failure is poor cash flow. Monica and Ami need to carefully monitor their cash inflows from sales and their cash outflows for business expenses. Creating and maintaining a cash flow statement is a vital record keeping activity for every business. Monica and Ami hope to establish a consistent cash flow from regular eustomers that is complemented by additional revenue from holiday season sales and new eustomers As they plan to move forward with their new enterprise, Monica is interested in obtaining a loan to finance the business startup. Ami believes they should use their personal funds. Monica believes a loan would cause less stress on their personal assets and allow them to maintain needed funds for personal financial emergencies Ami is concerned about the risk of the loan in the event they are not able to make the required payments. Before they move forward, this difference between the owners must be resolved.

You might be interested in
Raven Company has a target of earning $70,000 pre-tax income. The contribution margin ratio is 30%. What amount of dollar sales
victus00 [196]

Answer:

Target dollar sales = $353,333

Explanation:

First we need to find out how much contribution do we need to get a profit of 70,000.

Profit= Contribution - Fixed cost.

70,000=Contribution-36,000

70,000+36,000=106,000

Contribution= 106,000

Now in order to find the sales we will use the formula

Target Sales= Contribution/Contribution margin

Contribution = 106,000

Contribution margin =30%=0.3

Input the values into the formula

106,000/0.3=353,333.333

6 0
3 years ago
What does it mean to be intelligent?
lesya692 [45]

Answer:

Intelligence has been defined in many ways: the capacity for logic, understanding, self-awareness, learning, emotional knowledge, reasoning, planning, creativity, critical thinking, and problem-solving.

5 0
2 years ago
Read 2 more answers
Which of the following statements, if any, represent a principal’s duty to an agent who works on a commission basis?
saul85 [17]

Answer:

a) The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement.

Explanation:

The relationship between agent and principle is agreement based and differs from other agent-principle relationships.

Commission will be paid to agent as per their agreement.

4 0
3 years ago
when compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions
Oxana [17]

When compared to the country of origin principle, the country of reception approach to jurisdiction over internet transactions requires business managers to have more knowledge of the laws of other countries.

<h3>What is the significance of country of origin principle?</h3>

The country of origin principle is an important feature of leading parts of Union law. It is also known as<u> home country control, </u><u>country</u><u> of </u><u>origin</u><u> rule</u>, and <u>country of </u><u>origin</u><u> </u><u>principle</u><u>.</u>

The country of origin principle mainly aims to ensure the effective protection of the public interest in the country of origin.

Basically, the country of origin principle has the main purpose to vest exclusive jurisdiction to regulate in one Member State only.

Learn more about the country of origin principle here:-

brainly.com/question/16529312

#SPJ4

8 0
1 year ago
Programs designed to create a workplace that enhances employee well-being are referred to as ________ programs.
Flauer [41]

Answer: quality of work life programs

I hope this helps :D

6 0
2 years ago
Other questions:
  • Which of the following reasons for writing a formal business document would
    9·2 answers
  • The technological advancement allowing for _____ has created a potential for inappropriate access and/or misuse of information.
    11·2 answers
  • He business decisions of a corporation are made by whom?
    8·1 answer
  • Recently, the owner of a trader joe's franchise decided to change how she compensated her top manager. last year, she paid him a
    9·1 answer
  • A company purchased 100 units for $30 each on january 31. it purchased 400 units for $20 each on february 28. it sold a total of
    5·1 answer
  • What other replacements for unions have helped reduce union membership?
    7·1 answer
  • In network marketing sales people earn money from their own sales and from what?
    9·2 answers
  • The marketing challenge of making potential customers aware of the product's existence and its features, benefits, and uses is p
    14·1 answer
  • E-Gadgets is a chain of electronics stores that specializes in devices and gadgets incorporating cutting-edge technologies. The
    8·1 answer
  • What is the name for the practice whereby a married woman loses all of her political and economic rights to her husband?.
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!