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2 years ago

How to become a store owner 100 points

Business

2 answers:

Free_Kalibri [48]2 years ago

7 0

Answer:

Buy a store

Explanation:

If you buy a store, then you become a store owner.

You were probably looking for more detail, but this is the best I can do for now.

Black_prince [1.1K]2 years ago

5 0

Answer:

If you're interested in becoming a Store Owner, one of the first things to consider is how much education you need. We've determined that 50.1% of Store Owners have a bachelor's degree. In terms of higher education levels, we found that 6.8% of Store Owners have master's degrees. Even though most Store Owners have a college degree, it's possible to become one with only a high school degree or GED.

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Belinda is in charge of both accounting and investments and all of the employees involved with these functions at her firm. Beli

Andrej [43]

Belinda is in charge of both accounting and investments and all of the employees involved with these functions at her firm. Belinda is "Financial Manager".

<h3>Who is financial manager?</h3>

Financial manager examine financial information compiled by accountants, keep track of the company's financial situation, and create and carry out financial strategies.

The roles of financial manager are-

creating reliable financial information and reports
cash flow statements being created
estimating a profit
controlling credit
giving guidance on financial decision-making
investing guidance
generating financial projections
Budgeting

Therefore, one of the most crucial duties of business owners and managers is financial management.

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3 0

1 year ago

Indigo Corporation is authorized to issue both preferred and common stock. The par value of the preferred is $50. During the fir

Tema [17]

Answer and Explanation:

a. The journal entries are shown below:

On Feb 1

Cash Dr $2,782,000 (53,500 shares × $52)

To Preferred stock $2,675,000 (53,500 shares × $50)

To Paid in capital in excess of par - Preferred stock $107,000

(Being the issuance of the preferred stock is recorded)

On July 1

Cash Dr $4,018,500 (70,500 shares × $57)

To Preferred stock $3,525,000 (70,500 shares × $50)

To Paid in capital in excess of par - Preferred stock $493,500

(Being the issuance of the preferred stock is recorded)

For recording these both transactions we debited the cash as it increased the assets and credited the preferred stock and additional paid in capital as it also increased the stockholder equity

b. The posting is as follows

Preferred Stock

Date Debit Date Credit

1-Feb $2,675,000

1-Jul $3,525,000

Paid in capital in excess of par - Preferred stock

Date Debit Date Credit

1-Feb $107,000

1-Jul $493,500

c. Now the presentation is shown below:

Preferred stock, $50 par value, 124,000 issued and outstanding - $6,200,000

Paid in capital in excess of par - Preferred stock - $600,500

It is presented on the stockholder equity statement

3 0

3 years ago

Consider the following binomial experiment: a study in a certain community showed that 6% of the people suffer from insomnia. if

Oxana [17]

To determine the standard deviation of the number of people who suffer from insomnia, you need to use the following formula:
= sqr of npq

= √10,200 people in the community x 0.6 people who suffer from insomnia x 0.91 = ?
= √10,200 x 0.6 x 0.91 = √55.143 = 7.43

= 7.43

6 0

3 years ago

What would you do if you were in the position of the business executives described in the “gift giving and the african elder” ca

lubasha [3.4K]

The business executives were further complicating a situation that was even that complicated to begin with. Tribal elder or not, the business executives were informed that the man was a tribal elder, thus following through with the gift giving customs. This type of act walks hand and hand with the philosophy behind sending something a card. This act should be seen as an act of respect and continued growth, nothing more. This gift should not have been foreseen as an unethical compromise of any kind, but rather a token of appreciation.

FOUND BY: https://www.coursehero.com/file/7010504/Session-8-Discussion-Copy/

3 0

3 years ago

Shawna wins the lottery and her income increases by 60 percent. she used to buy 10 pints of cottage cheese per month and now she

Dmitriy789 [7]

Answer: Her income elasticity of demand for cottage cheese is 0.3333 making it a normal and necessary good.

The income elasticity of demand is given by :

$\mathbf{YED = \frac{percentage change in demand}{percentage change in income}}$

The percentage change in income is given as 60%. We calculate the percentage change in quantity demanded as follows:

$\mathbf{percentage change in quantity demanded = \frac{Q_{1}-Q_{0}}{Q_{0}}}$

$\mathbf{percentage change in quantity demanded = \frac{12-10}{10}}$

$\mathbf{percentage change in quantity demanded = 0.2}\\$

Substituting the value above in the income elasticity demand formula we get,

$\mathbf{YED = \frac{0.20}{0.60}}$

YED = 0.33333

Since the income elasticity is positive, and since Shawna buys more cottage cheese after an increase in income, we can classify this good as a normal good.

Since the income elasticity is between 0 and 1 we can also conclude that cottage cheese is also a essential good or a necessity.

7 0

3 years ago