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trapecia [35]
2 years ago
13

HOW IMPORTANT IS INNOVATION TO ENTREPRENEURSHIP?

Business
1 answer:
faust18 [17]2 years ago
8 0

Answer:

   Successful innovation allows you to add value to your business so that you can increase your profits—if you don't innovate well, your business will plateau. Innovation helps you stay ahead of the competition. With globalization and a rapidly changing market, there are more competing businesses than ever before.

<h2><u>Hope This Helped!</u></h2>

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Arrange the types of investments in the correct order from the least risky to the most risky investment. property
Tanya [424]

Answer:

Bonds

property

speculative bonds

starting a business

Explanation:

Bonds are low-risk investments. They are issued by governments or highly reputable corporations. The returns from bond investments are almost guaranteed.

Property refers to investing in land or building. They are low-risk investments. Land is always appreciating in value. The possibility of incurring losses is low.

Speculative bonds will experience price fluctuations during a trading session. They offer a chance to make high returns. They are risky due to the high chances of incurring losses.

Starting a business is the riskiest. Almost 82% of all start-ups will fail in their first year.

8 0
3 years ago
Read 2 more answers
Your bank card has an APR of 21% and there is a 3% fee for cash advances. The bank starts charging interest on cash advances imm
avanturin [10]

Answer:

Total finance charge=$23.75

Explanation:

<em>The amount charged for the use of the fund by a bank is called interest rate. Here it is quoted as 21% per annum but we will need to determine the approximate monthly rate by dividing by 12</em>.

The total finance charge will be equal = Interest rate + advance fee

Monthly interest rate = 21/12 =1.75%

Interest payment = 1.75%× $500=$8.75

Advance fee = 3%× $500= $15

Total finance charge = $8.75 +  $15= $23.75

Total finance charge=$23.75

6 0
2 years ago
If current output is $40b less than Potential GDP, how much would congress need to decrease taxes by to correct this short-run e
malfutka [58]

Answer:

Reduction in Tax Needed = $ 13.33

Explanation:

Tax Multiplier shows magnitude of change (decrease) in income due to tax change (rise) .

Tax Multiplier = ΔY / ΔT = - MPC / (1- MPC)

Given : Change in Income needed [ΔY] = 40

MPC = 0.75

Putting in formula ;

40 / ΔT  = - 0.75 / (1- 0.75)

40 / ΔT = - 0.75 / 0.25

40 / ΔT  =  - 3

ΔT = - 40/ 3

ΔT = - 13.33

6 0
3 years ago
an owner can lease her building for $150,000 per year for three years. the explicit cost of maintaining the building is $50,000,
Charra [1.4K]

The present value of the stream of accounting profit is $262,431.6044 and The present value of the stream of economic profit is $91,851.0616.

<h3>Present value</h3>

a. The present value of the stream of accounting profit:

Present value=($150,000-$50,000)/1.07 +($150,000-$50,000)/ (1.07)² +($150,000-$50,000)/(1.07)³

Present value=($100,000)/1.07 +($100,000)/ (1.07)² +($100,000)/(1.07)³

Present value=$93,457.9439+$87,343.8728+$81,629.7877

Present value=$262,431.6044

b. The present value of the stream of economic profit:

Present value=($150,000-$50,000-$65,000)/1.07 +($150,000-$50,000-$65,000)/ (1.07)² +($150,000-$50,000-$65,000)/(1.07)³

Present value=($35,000)/1.07 +($35,000)/ (1.07)² +($35,000)/(1.07)³

Present value=$32,710.2804+$30,570.3555+$28,570.4257

Present value=$91,851.0616

Therefore the present value of the stream of accounting profit is $262,431.6044 and The present value of the stream of economic profit is $91,851.0616.

Learn more about present value here:brainly.com/question/20813161

brainly.com/question/15904086

#SPJ1

The complete question is:

an owner can lease her building for $150,000 per year for three years. the explicit cost of maintaining the building is $50,000, and the implicit cost is $65,000. all revenues are received, and costs borne, at the end of each year. if the interest rate is 7 percent, determine the present value of the stream of:

a. The present value of the stream of accounting profit.

b. The present value of the stream of economic profit.

3 0
2 years ago
What can you do to help choose the best idea?
Anna11 [10]
When presented with ideas and choosing the best one, you much decide certain factors to look at. Good factors to decide would be the pros of the idea, cost, convenience, etc. Picking the best idea in a situation means picking the idea that yields the most positives!
5 0
3 years ago
Read 2 more answers
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