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Degger [83]
3 years ago
7

After 7 years of working for a company that installed underground sprinkler systems for homeowners, terrance was ready to ventur

e into his own business. As he prepared his swot analysis, he evaluated where he stood at this time. He was fortunate to have $120,000 financing to get the business under way. He knew of three skilled installers who were willing and interested to work for him, and he was aware that new construction was at an all-time low, with several residential properties being foreclosed. In reviewing his list, you would categorize these events as.
Business
1 answer:
mars1129 [50]3 years ago
8 0

In reviewing his SWOT analysis, Terrance, who was ready to venture into his own business after working for 7 years as an underground sprinkler installer, has <u>two strengths</u><u> and </u><u>one threat</u>.

<h3>What is a SWOT analysis?</h3>

A SWOT analysis is a framework for analyzing a company's competitive position to enable the development of competitive strategies.

A SWOT analysis includes Strengths, Weaknesses, Opportunities, and Threats.

Thus, for Terrance, he has two strengths ($120,000 financing and three skilled installers who were willing and interested in working for him) and one threat (low construction activities) with increasing foreclosures.

Learn more about SWOT analysis at brainly.com/question/6954185

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Why are closing costs a one time fee?
mart [117]
The answer to this question is letter D. <span>The closing costs cover titles, taxes, and realtor costs. After closing, the only monetary obligation is to the lending party.

</span>Closing costs<span> are fees paid at the </span>closing<span> of a </span>real estate transaction<span>. It is called the </span>closing<span> when the </span>title<span> to the property is </span>conveyed<span> to the buyer. Closing costs then are incurred by the buyer or the seller, either of the two.</span>
5 0
4 years ago
It is _______ for a company to issue equity than debt; it is ________ for an investor to buy equity in a company than debt in th
viva [34]

Answer:

It is <u>safer</u> for a company to issue equity than debt

It is <u>riskier</u> for an investor to buy equity in a company than debt in the same firm

Explanation:

If company issues debt that it has to make fixed interest payments, thus even if company is making losses, it has to pay interest which is not in case of equity. Hence, it is riskier option for the company to raise debt.

On the other, if investor in debt, then he will get fixed interest, thus debt option is relatively cheap than equity for investor

6 0
3 years ago
The penalty for a substantial understatement is triggered when ____
zysi [14]

Answer:

The correct answer is A

Explanation:

A substantial understatement may occur when tax return is understated by an amount greater than 10% of the tax required to be shown on the tax return.

Example: If a tax payer that is suppose to report a $6000 tax due and choose to report a $2000 instead, to know if a penalty will be charged or not it has to be greater than 10% of the amount which is suppose to be reported (i.e $6000 x 10% = 600) . therefore in the case shown above the penalty will be applied

3 0
4 years ago
Which of the following is an advantage to belonging to a labor union?
alisha [4.7K]

Labor union protect the workers right and interest.

Firstly, let understand that labor union is basically an association of workers which can either be for a trade or profession, with the main objective of protecting members rights and interests

  • The major function of labor union is to help improve the lives of members by negotiating and determining the remuneration rate that should be provided to them such as wages, salaries, hourly rate, minimum wages etc.

Some advantage of Labor union for workers are:

  1. Its helps to protect the interest of workers.
  2. Its helps to negotiate and promote higher wages and better benefits.
  3. Its help to ensure workplace safety.
  4. The union serves as workers representatives.

Learn more about Labor union here

<em>brainly.com/question/453055</em>

7 0
2 years ago
In the production of textiles, women would gather and clean the fibers. Once these were complete, the next step would be to ____
svlad2 [7]

Answer: The correct answer is "b. comb and sort the fibers.".

Explanation: Once these were complete, the next step would be to <u>comb and sort the fibers.</u>

The first step was to gather and clean the fibers and then comb and classify the fibers according to their nature.

8 0
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