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2 years ago

How does adaptability assist a school leaver to become a successful business owner

Business

1 answer:

noname [10]2 years ago

3 0

Answer:

To create a high degree of adaptability, you should develop more meaningful business relationships with others. If you're mindful of being respectful to others or having empathy, your relationships are only bound to deepen. In other words, when people see that you care about them and their businesses and not just what they can do to help you, you may gain more success. When you help someone without expecting anything in return, something happens. You get goodwill returned to you. In other words, when someone has a need or sees an opportunity for you, they will think of you, so it pays to keep your professional relationships adaptable.

People with a high degree of versatility have specific characteristics: attentiveness, competence, and resilience. Versatile people have a vision for the future and the ability to self-correct. People who are not versatile are resistant to change and single-minded. As an example, our friend could not focus on anything more than client development.

Explanation:

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Flavio, CEO of Fabulous Frozen Custard believes that alternate plans are almost as important as the primary operational plans be

Tanzania [10]

Answer:

D. contingency planning

Explanation:

A contingency plan is a plan that is made to take account of a future occurence or event that might affect the workability or effectiveness of the current plan.

A very simple example of contingency plan is keepin an umbrella with you at all times just incase it starts to rain.

cheers.

5 0

3 years ago

A sixminusmonthnote receivable for $ 9 comma 000at 14%,dated October 1, 2020, has accrued interest revenue of ________ as of

blsea [12.9K]

Answer: $315

Explanation:

The following information can be gotten from the question:

Amount = $9000

Rate = 14%

The receivable was held from October to December. This means it was shelf for 3 months.

Therefore, the accrued interest revenue will be:

= $9000 × 14% × (3/12)

= $9000 × (14/100) × (1/4)

= $9000 × 0.14 × 0.25

= $315

The accrued interest is $315

7 0

3 years ago

To calculate a year-to-year percentage change in any financial statement line item such as sales, you should take the current ye

Makovka662 [10]

Answer:

the prior year's amount

Explanation:

In financial statements when measuring performance increase the percentage change in various financial statement lines are usually used.

Financial statement lines are individual items on financial statements. For example current assets, current liabilities, and sales.

The percentage change aims to compare increase in a financial statement line item against the previous year's amount.

This will give an idea of how much increase has occurred on previous performance.

So it is calculated by deducting previous year amount from current year amount, then divide by the previous year amount and multiply by 100

7 0

3 years ago

The QuickBooks Online ecosystem gives you and your clients access to a wide range of (1.)__________ to help (2.)___________ thei

Debora [2.8K]

Answer:

Apps,streamline

Explanation:

The QuickBooks EcoSystem can be regarded as a quick box software along with different apps that has connection with it. It brings about good functionality in Businesses, through QuickBooks EcoSystem, accountant of a company can easily connect with different apps that allows to manage client and improve productivity. It should be noted QuickBooks Online ecosystem gives you and your clients access to a wide range of apps to help streamline their business and increase efficiencies.

8 0

3 years ago

High-Low Cost Estimation and Profit Planning Comparative 2007 and 2008 income statements for Dakota Products Inc. follow: DAKOTA

Vika [28.1K]

Answer:

(a)

5,500 units

(b)

6,125 units

Explanation:

First, we need to calculate the per unit selling price.

2007 2008

Unit sales 5,000 8,000

Sales revenue $60,000 $96,000

Selling Price $12 $12

Now we need th separate the vairbale and fixed cost from total expense using high low method

Variable cost = ( Higher activity Expense - Lower activity Expense ) / ( Higher activity - Lower activity )

Variable cost = ( $76,000 - $64,000 ) / ( 8,000 units - 5,000 units )

Variable cost = $12,000 / 3,000 units = $4 per unit

Fixed cost = $76,000 - ( $4 x 8,000 units ) = $44,000

Contribution Margin = Selling Price - Variable cost = $12 - $4 = $8

(a)

Breakeven Point = Fixed Cost / Contributin margin per unit

Breakeven Point = $44,000 / $8 = 5,500 units

(b)

Target sales = ( Fixed cost + Desired Profit ) / Contribution margin per unit

Target sales = ( $44,000 + $5,000 ) / $8 = 6,125 units

8 0

3 years ago