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3 years ago

- identify changes and trends as a source of new enterprise ideas

1 answer:

Elena-2011 [213]3 years ago

7 0

Changes and trends are sources of new enterprise ideas. An example can be found in the advent of technology. The advent of internet-enabled devices has led to the growth of internet service providers. The use of headphones, Bluetooth devices, and other accessories has been borne because of new technologies that were not available some fifty years ago.

Changes in trends can lead to the birth of new businesses. Changes in weather condition that pose the risk of skin damage has led to the popularization of sunblocks.

Internet-enabled devices have also led to the introduction of enterprises that deal with gadgets accesories.

These examples show that changes and trends are sources of new enterprise ideas.

Learn more about entrepreneurship here:

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A newly issued 10-year maturity, 4% coupon bond making annual coupon payments is sold to the public at a price of $800. What wil

madam [21]

Answer:

40 dolllar for interest income

Explanation:

The taxable income will be the interest for the annual coupon payment:

$1,000 face value x 4% = $40

The purchase price will be considered for taxation purpose under capital gain if the bond is sold which is not the case. Thus, we must only determinate taxes considering the interest income from the coupon payment.

6 0

4 years ago

You must complete parts 1, 2, 3, 4, 6, 7 and 8 before attempting to complete part 9. Part 5 is optional.

Crank

Answer:

Sales (Dr.) $45,000

Income Summary (Cr.) $45,000

Income summary (Dr.) $63,900

Advertising Expense (Cr.) $1,200

Rent expense (Cr.) $5,600

Office Supplies Cost (Cr.) $9,800

Insurance Expense (Cr.) $7,000

Sales Returns (Cr.) $2,900

Interest Expense (Cr.) $3,200

Cost of Goods sold (Cr.) $27,500

Selling and administrative expense (Cr.) $6,700

Income Summary (Dr.) $250,000

Capital investment (Cr.) $ 250,000

Explanation:

Closing entries are prepared to close business transactions that occurred during the month. These transactions are closed with a contra account of Income Summary. All debit balance are credited with a debit of Income summary account and vice versa. the temporary account balances are reset to zero after closing entries are passed.

4 0

3 years ago

The turnout for a game is expected to reach 70,000 fans, of which 60 percent are expected to drive. an average of 2 fans come in

vladimir1956 [14]

First, calculate for the number of fans that would come to the event in their own vehicle. This is calculated by multiplying the number of fans by the percentage.
N = (70,000 fans)(0.60) = 42000
The number of vehicles is calculated by dividing the answer obtained above by 2.
n = (42000) / 2 = 21000

The number of vehicles in the satellite parking is the difference of 21000 and 9000 which gives us an answer of 12000. Since each satellite parking will accommodate 1500, dividing 12000 by 1500 is 8.

ANSWER: 8 satellite parkings

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3 years ago

Read 2 more answers

Which of the following is not included in Michael Porter's Five Forces Model? a. Cost Leadership b. Supplier Power c. Threat of

grigory [225]

Answer:

a. Cost Leadership

Explanation:

Porter five forces of the model refers to the rivalry among competitors, bargaining power of suppliers, bargaining power of buyers, the threat of new entrants, the threat of substitution.

The competition between rivals deals with the competitors ' strengths and weaknesses so that the business does the planning appropriately.

The supplier's bargaining power indicated that the shift in the price of the product caused by the supplier's offer and the consumer is motivated to the product as the product is special which affects the overall profit

The buyer's bargaining power relates with the number of buyers and how many orders a single buyer places.

The threat of new entrants will affect the company's total position if the competitor comes on the market.

The threat of substitution is an alternate way of producing the goods and services that can also weaken your position and have a direct impact on profitability.

6 0

3 years ago

Andrews Corp. ended the year carrying $100,338,000 worth of inventory. Had they sold their entire inventory at their current pri

Readme [11.4K]

Answer:

$100338000.

Explanation:

Given: Inventory carrying= $100338000.

As entire inventory is been sold at current price, then revenue of the company will increase by $100338000, therefore contribution margin will also increase further by $10033800 for the Andrew corp.

∴ Contribution margin= $100338000.

Inventory carrying cost are the cost of holding inventory for a period of time until it is sold. it include warehousing cost, cost for keeping inventory safe, etc.

4 0

3 years ago