Which leadership skill do you feel is most important for a small business to succeed for a

1 answer:

4 0

In my opinion, reliability and consistency are two of the most important leadership skills for a small business to succeed for a long time. With these two characteristics a small business can build a returning customer base as well as a good rating on review websites. For example, many local barbershops provide consistent quality haircuts which builds reliability and in turn demand and returning customers.

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Uncollectible accounts should not be estimated because it is impossible to know which accounts will not be collected.

lara [203]

<span>It's false that uncollectible accounts should not be estimated because it is impossible to know which accounts will not be collected. </span>

7 0

3 years ago

A rational person does not act unless a. the action makes money for the person. b. the action is ethical. c. the action produces

Natali [406]

Answer:

d. the action produces marginal benefits that exceed marginal costs.

Explanation:

The rational person is the person who takes the decision with keeping in mind about its future events and in practicable in nature instead of the emotional nature

When a company earns a net income, its revenue is more than its cost

So a rational person does not act unless when the action generates the marginal benefits that are exceeded from the marginal cost.

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3 years ago

True or false: insurers may withhold a portion of providers' payments to create a payment risk pool, which will be kept by the i

Feliz [49]

True, <span>insurers may withhold a portion of providers' payments to create a payment risk pool, which will be kept by the insurer if providers do not meet performance targets. This is to protect their investment and liability</span>

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3 years ago

What is the company’s financial position? Please refer to the income statement and balance sheet for the Exceptional Service Gra

LuckyWell [14K]

Answer:

Gross profit margin requires revenue and gross profit of the company.

Current ratio = 1.386 x

Debt ratio = 0.123 x

Explanation:

Gross profit margin requires revenue and gross profit of the company which is provided in the question but it can be calculated using this formula ; Total revenue / gross profit . where Gross profit = Revenue - cost of goods sold

Current ratio is calculated using the formula ; current assets/ current liabilities lets assume the left column is for the most recent year then current ratio = 4612200/3325950 = 1.386x

Debt ratio is calculated using the formula ; total debts/total assets lets assume once more that the left column is the most recent year. note; total debts = long term + current notes payable = 454800 + 277550

therefore debt ratio = 732350 / 5957800 = 0.123x

attached is the income statement and balance sheet