Legitimate Authority. When someone is in a position of authority over others, they have legitimate power." Understanding that you were given this power and that it can be taken away is essential if you have it.
How powerful is leadership?Power as a leader. Using a variety of strategies to push or prompt action, power is the capacity to influence the behavior of other people with or without resistance. Power is the capacity to complete tasks. In order to achieve a goal or objective, people with power are able to influence others' behavior.
When a leader officially gives up power, what is it called?Give it up in favor of abdicate, a powerful word that can annul a coronation. This should be a royal success, perhaps ironically, if you need a term to describe officially giving up.
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oaktree company purchased new equipment and made the following expenditures: purchase price $ 64,000 sales tax 4,100 freight charges for shipment of equipment 890 insurance on the equipment for the first year 1,090 installation of equipment 2,900 the equipment, including sales tax, was purchased on open account, with payment due in 30 days. the other expenditures listed above were paid in cash.
The Journal entries are as follows: Equipment A/c Dr. $71,890 To money $3,790.
To accounts due $68,100
(To record the acquisition of apparatus)
Workings:
Equipment value:
= damage + excise tax + Freight charges for cargo of equipment + Installation of equipment
= 64,000 +4,100 + 890 + 2,900
= $71,890
Cash Paid:
= Freight charges for shipment of equipment + Installation of equipment
= 890 + 2,900
= $3,790
Accounts payable = damage + Sales tax = 64,000 +4,100 = $68,100
(2)Prepaid Insurance A/c Dr. $1,090
To money A/c $1,090(To record any expenditures not capitalized within the purchase of equipment)
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a credit report includes which of the following? 1. any information from collection agencies. 2. delinquency information and other negative items such as late payments. 3. any public record information from state and other courts, including liens, garnishments, legal suits and judgments, foreclosures, and bankruptcies.
A credit report includes information relating to personal identifying information, credit account information, inquiry information, bankruptcies, collection accounts, etc.
bankruptcy is a prison system via which people or other entities who can't pay off debts to creditors can also are searching for comfort from some or all of their debts. In most jurisdictions, bankruptcy is imposed by using a court docket order, often initiated by using the debtor. Bankrupt isn't always the best prison fame that an bancrupt character may also have, and the time period financial disaster is consequently not a synonym for insolvency. The word financial ruin is derived from Italian banca rotta, actually which means "broken financial institution". The time period is frequently defined as having originated in renaissance Italy, where there allegedly existed the subculture of smashing a banker's bench if he defaulted on payment in order that the public may want to see that the banker.
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You will be creating an export business plan. Work must be original to this class, otherwise a grade of zero will be given. If no paper is submitted, a course grade of zero points will be given. Papers that do not contain detailed research will be severely penalized. No Wikipedia references are allowed.
You do not need to submit work in progress. However you are welcome to approach your instructor with questions.
Business Plan Requirements
Business Plan Page recommendations Section header Summary Part I: Purpose 1 Purpose Why has the plan been written? Part II: Table of Contents 1 Table of Contents Table of contents Part III: Executive Summary 1 Executive Summary This is short and concise. It covers the principal points of the report, and is prepared after the plan has been written. Part IV: Research ≥7 pages Introduction Introduction – what product and foreign country did you select and why Situational Analysis Describe the product to be exported Present a brief history of the country as it relates to its origins and trade history Cultural Overview The norms, practices, social structure, etc. that may aid (or hinder) the reception of your product Consumer attitudes toward product Educational levels; ability to comprehend instructions, ability to use product Languages; labels, instructions Political Environment An overview of the governance structure of the country along with any legal-political forces Certain required or prohibited features Label and packing requirements Export Marketing Plan Long and short-term goals, characteristics of an ideal target market for your product given the country selected, market screening Economic Decelopment How developed the country is, and how this will influence the success of your product Purchasing power Wages Infrastructure Summary Summary Part V: References 1 to 2 References References
Note: For further details regarding the components of your Export Business Plan, please see pages 468-469 of your textbook.
Formatting Requirements
Your paper must be in APA format to include:
The use of headings and subheadings
Times New Roman 12-point font
1 inch margins
Paragraphs with a minimum of at least 5 sentences
The first line of each paragraph should be indented 1/2 inch
Anything less than the content length stated above is not sufficient coverage of content and will result in a substantial reduction in grade.
At least one to two reference (or works cited) pages.
References must be no older than 5 years.
Your paper should be well-organized with excellent flow and excellently formatted. Check that your headings and sub-headings are correct.
Spell-check and proofread before submission.
The government sends out advancement organizations' guides, a strong comprehension of fundamental business principle, and the capacity to realize what they need to can all help the people who are now bustling and running their organizations.
Which capability does a commodity business system serve?
Your overall exertion's realities, impediments, and goals are made more clear by a commodity plan.
A business plan contains what?
A composed methodology illustrating the objectives and strategies for accomplishing those objectives is known as an organizational plan. It frames the go-to-showcase technique, monetary projections, market examination, corporate objectives, and statement of purpose of an organization.
Makers and retailers who offer their things to clients abroad are supposed to send them out. Trading is one way for organizations to work on their expected market, income, and extension.
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Island Enterprises has presented the following information for the past eight months operations:
Month Units Total Cost
April 4,450 $ 17,900
May 3,650 $ 15,800
June 1,850 $ 12,000
July 3,250 $ 14,100
August 3,950 $ 16,900
September 4,650 $ 19,560
October 4,350 $ 17,400
November 3,850 $ 16,600
a. Using the high-low method, calculate the fixed cost per month and variable cost per unit. (Round variable cost to 2 decimal places.)
b. What would total costs be for a month with 3,450 units produced? (Do not round your intermediate calculations.)
A high-low approach costs $705, whereas a production of 3450 units costs $16320. By creating products or offering services, enterprises aim to turn a profit.
A for-profit firm or company is referred to as a "enterprise" in various contexts, although this usage most frequently refers to entrepreneurial endeavors. An unusually difficult, intricate, or dangerous enterprise or endeavour is sometimes referred to as being "enterprising," as is a unit of economic organization or activity. Particularly: a corporate organization.: a planned, organized action. The primary economic activity among these people is agriculture. New Enterprise refers to a fresh investment or newly formed company entity that is in line with the Board's list of investment priority areas but has not yet begun doing business. A business that expands into new industries must also be considered a new enterprise.
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In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information: Cash balance per company books on January 31 $7,025 Deposits in transit at month-end $2,260 Outstanding checks at month-end $750 Bank service charges $48 EFT automatically paid monthly, not yet recorded by Maxi $840 An NSF check returned on a customer account $495 The adjusted cash balance per the books on January 31 is:
The adjusted cash balance per books on January 31 is $4,400.
What is a cash balance?A cash balance scheme keeps fictional individual employee accounts for retirement purposes, in contrast to a defined contribution plan. The hypothetical nature of the individual accounts was key to the early adoption of such plans since it permitted the conversion of traditional plans without disclosing a plan termination. Conversions of cash balances have been a point of contention and resentment for labor unions and those who support them. They found that, in a typical conversion, the cash balance plan would provide the majority of employees with fewer benefits than it would have done if the defined-benefit plan had remained the same and the individual had continued working until retirement age. The largest benefit reductions often affect older workers.
Adjusted cash balance = $5,225 - $30 -$480 - $315
=$4400
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Emmy Lou, Inc. has an expected dividend next year of $5.60 per share, a growth rate of dividends of 10 percent, and a required return of 20 percent. The value of a share of Emmy Lou, Inc.'s common stock is __________.
(a) $56.00
(b) $22.40
(c) $18.67
(d) $28.00
The value of a share of Emmy Lou, Inc.'s common stock is (a) $56.00
Price per share = next dividend per share / required return - dividend
growth rate
= 5.6 / 20%-10%
= 56
Common stock- A form of corporate equity ownership and a kind of security is common stock. Outside of the United States, the words voting share and ordinary share are widely used. In the UK and other Commonwealth nations, they are referred to as equity shares or ordinary shares.
A security that symbolizes ownership in a firm is called common stock. Common stock owners choose the board of directors and cast ballots for corporate rules. Long-term rates of return are often higher with this type of stock ownership.
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Which of the following best explains why public relations is often overlooked as a tool for supporting product marketing objectives?
Many public relations professionals see their role as one of communication rather than brand building. Press releases, news conferences, and publicity are some of the most commonly used PR tools.
The public relations can have a much greater impact on public awareness than advertising at a much lower cost. When using public relations, the company does not pay for media space or communication. Rather, it pays for a staff to create and distribute information as well as manage events. The advertising has three main goals: to inform, persuade, and remind. The informative advertising raises brand, product, service, and idea awareness.
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The Ibbotson-Sinquefield data show that over the long-term,
small-company stocks generated the highest average return
T-bills, which had the lowest risk, generated the lowest return
small-company stocks had the highest risk level
According to the Ibbotson-Sinquefield statistics, long-term corporate bonds had less risk or variability than equities while U.S. T-bills had the lowest risk or variability.
The countries with the greatest and lowest equity risk premiums were Italy and Denmark, respectively.
Since percentage returns are applicable to all invested amounts, they are more practical than dollar returns. Permit comparing your investment to others.
Based on information that is known to the public, future market prices are difficult to forecast. Market risk, also known as "systematic risk," tends to affect the entire market at once and cannot be completely reduced by diversification but can be hedged in other ways.
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True or False, an important risk of an alliance is that your partner today could become your competitor in the future.
The following statement says that an important risk of an alliance is that your partner today could become your competitor in the future. This is completely true.
Agreements between two or more separate businesses to work together on the production, development, or sale of goods and services, as well as other business goals, are known as strategic alliances.
In a strategic alliance, for instance, Company A and Company B pool their resources, skills, and core competencies to create shared interests in the creation, production, or distribution of goods or services.
Despite the benefits of strategic alliances, there are a number of difficulties to take into account:
Partners could exaggerate what they have to offer.Partners could forget to allocate their resources and skills to the other partners.While the other partner may not fully commit to the alliance, one partner may.It is possible for partners to ineffectively utilize their complementary resources.Learn more about strategic alliances here brainly.com/question/14014533
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The capital market is allocationally efficient if
a. funds are channeled to their most productive use.
b. market makers such as dealers and brokers are making reasonable, not excessive rates of return.
c. only if informational and operational market efficiencies are high.
d. both a and c.d
The capital market is allocationally efficient if:
the funds are channeled to their most productive use.only if informational and operational market efficiencies are high.The Option D is correct.
What is an Allocational Efficiency?In economics, an Allocational Efficiency is a concept used where goods and services are distributed in an economy in a manner that is optimal and is beneficial to all parties (both the consumers and producers).
It is a characteristic of efficient market and the point of an allocative efficiency is where the demand is equal to the supply. In this context, a market is allocationally efficient if the funds are channeled to their most productive use and only if informational and operational market efficiencies are high.
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performance assessments that focus evaluating the actual sales results salespeople achieve are referred to as .
A salesperson's efforts are measured as a result of outcome-based evaluations. When it's crucial to know evaluationand how successfully a project or program's goals were achieved, impact or outcome assessments are carried out.
For salesperson's, outcome inquiries for a program's to help people quit smoking can include. By monitoring the advancement of the outcomes that the programme is intended to address, outcome evaluation gauges the effects of the programme on the intended population. Evaluation of the Outcome. The focus of outcome evaluation is on how the training impacted the participants and their organisations. A component of outcome evaluation is determining the results of training and whether the intended effects were realized.
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an entry to close revenue and contra cost of good sold accounts will include which of the following entries: multiple select question. debit to purchases returns and allowances debit to income summary credit to purchases returns and allowances credit to sales debit to sales credit to income summary
An entry to close revenue and contra cost of good sold accounts will include credit to income summary.
The income summary accounts is a temporary account into which include all income statement revenue and expense accounts are transferred at the end of the accounting period.
The cost of goods sold refers to an expense account rather than a contra-revenue account. The allowance , sales, and returns which are tracked and the gross revenue is collected.
These terms allowance, sales, and returns are deducted from the revenue to arrive at the net revenue.
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franchising involves: the transfer of patented information and trademarks, information and know-how as well as information needed to sell a product or service. the use of franchising for licensing new technologies in global markets. the transfer of a business concept, with corresponding operational guidelines,to non-domestic parties for a fee. greenfield investment in a completely new facility, or acquisition of or merger with an already established local firm.
Option (c), A business concept and its corresponding operational standards are transferred to non-domestic parties through franchising in exchange for a fee.
What does the business term "franchise" mean?The term "franchise" refers to a method of marketing products or services in which a franchisor develops the brand's trade name and business model and a franchisee pays a royalty and frequently an upfront fee to obtain the right to use the franchisor's name and system.
What is the definition of a management contract?Firm management is governed by a franchise agreement between a franchisee and the owner of the business (the franchiser) (buyer of a brand name). The franchisor allows the franchisee to utilize its brand along with particular operational methods and business systems in exchange for a fee.
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4. After the Interview The job search doesn't end with the interview. After your interview, be sure to follow up with the appropriate correspondence and contact your references if necessary. After an interview, you are told that the company is unsure of when a decision will be made. Because you have some time and want to make the best impression, what advice should you follow when writing a thank-you letter to your interviewer? Check all that apply. Send a separate letter to each interviewer. Use a business letter format. Mention something you liked about the interview. Send thank-you letters to prospective coworkers. Send a quick text to the interviewer Read the scenario, and answer the question. You are composing an e-mail that asks a previous manager for a letter of recommendation. You want to supply specific information that will help him write an effective, informed letter. What information should you include in your e-mail? A description of your ideal work environment A description of your expected salary range A description of qualifications he should highlight
The right responses are letters "A", "D", and "E": Utilize a business letter design; Send a different letter to every questioner; Notice something you loved about the interview.
Clarification:
A new employee screening doesn't end in the wake of leaving the planned organization where you could work. Most associations choose to pick one candidate over one more assuming they contact their questioners after the meeting. For that reason, that last contact should be a proper letter expressing what your impressions are of the organization and why you are as yet keen on getting the work position. Furthermore, if there was more than one questioner, a remarkable letter ought to be addressed to every one of the questioners.
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identify the item below that is not a desired result of an employee bonus system. group of answer choices employees may work harder and may be more motivated to exceed target goals to earn a bonus. employees may analyze their work environment and find ways to cut costs. employees may look for ways to improve service. employees may recommend unnecessary services to customers in order to exceed set sales quotas and earn a bonus.
An item below that is not a desired result of an employee bonus system is employees may recommend unnecessary services to customers in order to exceed set sales quotas and earn a bonus.
A sales quota is the performance requirement that salespeople must accomplish in order to get their goal incentive pay within a given time frame. Quotas usually referred to as objectives or targets, can increase seller incentives when potential varies by location.
One of the primary objectives of creating a sales quota is to improve performance. The potential of their sales staff is known to the sales managers. Setting sales quotas may motivate salespeople to actively contribute to the accomplishment of the organization's objectives. As with how the business performs, the quota helps sales management assess the success of the salespeople. Depending on the success of the sales professional, the quota may be raised or lowered.
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One of the changes to the proposed food label included updating the serving size amounts to better reflect the amount consumers would typically eat. True False
True, One of the changes to the proposed food label included updating the serving size amounts to better reflect the amount consumers would typically eat.
Why is serving size important on a food label?Start by examining the number of servings in the package (servings per container) and the serving size before reading the Nutrition Facts label. To make it simpler to compare similar items, serving sizes are standardized. They are given in common units, such cups or pieces, followed by the metric amount, like the number of grammes (g). The serving size indicates how much food or liquid an individual generally consumes. It does not suggest how much food or liquid you should consume.It's critical to understand that all nutritional information on labels, including the quantity of calories, refers to serving sizes. Pay close attention to the serving size, particularly the number of servings in the food package.
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at year end, an adjusting entry was made to accrue for interest income that earned but not yet received. after year-end, the reversing entry would include a debit to the account multiple choice question. interest revenue income summary interest receivable
At the end of an accounting period, accrued interest is recorded as an adjusting journal entry that is reversed on the first day of the following period.
The accumulated interest that has not yet been paid as of the end of an accounting period is the amount of accrued interest that must be recorded.
What is the adjusting entry for interest that is accruing?
Lender-side interest income and receivable accounts make up the adjusting entry for accrued interest, while borrower-side interest expenses and payable accounts make up the adjusting entry for accrued interest.
In the adjusting entries, what is the entry for recording accrued income?
Accrued revenue is reported as earned revenue on a company's income statement and as an adjusting journal entry under current assets on the balance sheet on the financial statements. The payment is recorded as an adjustment to the asset account for accrued revenue when it is made.
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Fresh and Clean, Inc. is considering implementing a system that will pay its cleaning workers based on the number of completed residential jobs, coupled with satisfactory ratings on random inspections to ensure quality. This system is new to the organization, and it is an example of change. Multiple Choice Ο adaptive Ο Innovative Ο familiar Ο radically innovative Ο highly complex
This system is new to the organization, and it is an example of innovative change.
Why is change important for innovation?Businesses frequently require innovation to adapt and handle the challenges of change. It encourages growth. Stagnation may cause significant harm to your company. In order to survive in the cutthroat competitive world of today, organizational and economic growth through innovation is required.
The main distinction between change and innovation is that the former refers to a shift in a situation associated with various points in time, whereas the latter refers to the introduction of something novel and original to society. It could be brand-new approaches, tools, or procedures. Making products better, faster, or less expensive than your rivals might be considered innovation.
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part of a facility's obligations to the government is collecting taxes on various items such as the collection of a ticket-related surcharge tax.
The statement is true, Part of a facility's obligations to the government is collecting taxes on various items such as the collection of a ticket-related surcharge tax.
Surcharges are extra costs, fees, or taxes that are added to the cost of a good or service above and above the price that was initially quoted. A surcharge is frequently tacked on top of an existing tax and is not reflected in the product's or service's listed price.
By specifying a fee apart from the cost of the commodity or service, surcharges enable firms to pass expenses on to the consumer indirectly.
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Companies that already possess a strong brand and wish to take that brand name into a different product category would pursue a _______ strategy.
Companies that already possess a strong brand and wish to take that brand name into a different product category would pursue a brand extension strategy.
What is a brand extension?For instance, a cosmetics company may provide more brushes, blenders, or sponges.
Although they are separate items, they complement the original product and allow current clients an opportunity to become even more devoted to the company.
Therefore, in order to promote new products or product categories to its client base, a firm may use its well-known brand name or image, which is known as brand extension.
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What is the mcdonough school of business?
Georgetown University's McDonough School of Business builds global business knowledge and inspires ethical leaders to serve the common good.
What qualifies as an enterprise?A company or entrepreneurial entity that engages in business, industrial, or professional activity is referred to as a business. Both for-profit and nonprofit organizations can operate as businesses. Limited liability firms, corporations, partnerships, and sole proprietorships are all examples of different business structures.
Why is business such a big deal?Our lives depend on business in many ways. To begin with, they provide products and services to meet our needs and desires. Then, they employ homes as workers and pay them for their services with wages, salaries, and benefits. As a result, it turns into a source of revenue that they may utilize to support their way of life.
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fees are charged by an acquiring bank for providing payment card processing services. group of answer choices acquirer merchant issuing collector
Acquirer fees are the costs incurred by an acquiring bank while offering payment card processing services.
The business that handles authorization, reporting, and settlement—the merchant acquirer, often known as the acquirer—charges acquirer fees. These costs typically account for 5% to 20% of the overall expense associated with processing credit cards.
The financial institution that manages a business's account in order to take credit cards is known as the acquirer, sometimes known as the acquiring or merchant bank. Card transactions for a merchant are settled by the acquirer into their account. Any bank that works with retailers is an acquirer. It is authorized to give qualified businesses merchant accounts so that they can process credit card transactions.
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gross profit on sales is computed by taking which of the following items: multiple select question. minus net sales minus operating expenses plus operating expenses plus cost of goods sold plus net sales minus cost of goods sold
Gross profit on the sales is computed by taking minus the net sales minus operating expenses.
What is Gross profit?The money a business makes after subtracting its expenses for making and selling its products or incurring its expenses for providing its services is known as gross profit. Gross profit, which appears on a company's income statement, can be calculated by subtracting the cost of goods sold (COGS) from revenue (sales). Gross income and sales profit are two other terms for gross profit. Another indicator, the gross profit margin, can be computed using gross profit. A company's production efficiency can be compared over time using this metric. Simply comparing gross earnings from quarter to quarter or year to year can be deceiving because gross profits can increase while gross margins decrease, which is a concerning pattern that could get a business into trouble.
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when harry completed his insurance application, the agent discovered that he was under treatment for a chronic condition. in order to gather the necessary information, harry's agent ordered a/an:
Harry's agent ordered an attending physician's statement.
A remedy or medical treatment is the attempted remediation of a fitness hassle, commonly following a clinical prognosis. Mostly, each remedy has symptoms and contraindications. There are many exclusive varieties of therapy. Nowadays not all therapies are effective. Many treatment plans can produce unwanted unfavorable outcomes.
Five stages of treatment include :
1) Precontemplation level, those who are inside the first level of addiction recuperation are not yet ready for any dependency treatment application.
2) Contemplation stage, the following phase is characterized by way of contemplative readiness.
3) Education stage.
4) Movement degree.
5) Upkeep level.
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Rank the following motivational forces in order of the strength of their impact on job performance, with the strongest job performance motivator listed at the top and the weakest job performance motivator listed at the bottom.
Perceptions of equity
Self-efficacy
Increased expectancy, valence, and instrumentality
Specific, difficult goals
Motivational forces in order of the strength of their impact on job performance, with the strongest job performance motivator listed at the top and the weakest job performance motivator listed at the bottom.
self-efficacy
specific, difficult goals
increased valence, instrumentality, and expectancy
perceptions of equity
Inspiring or in search of to encourage human beings to behave in a positive way, specifically in order to conquer boundaries and acquire success, happiness, etc.: He mentors internal metropolis youth, telling his motivational tale at nearby schools.
“Success isn't always final; failure isn't always fatal: it's far the braveness to hold that counts.” “When you've got got a dream, you have got to seize it and by no means permit go.” “Life is like driving a bicycle. To maintain your balance, you should maintain moving.” Quick Quote is an internet citation facility which permits Contracting Authorities to acquire aggressive costs electronically for low cost requirements. Details of the Quick Quote are created on-line via the awareness advent wizard and dispensed to a pick listing of suppliers.
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Which of the following is NOT a function of an ISP (Internet Service Provider)?
Group of answer choices
transmits data over short distances
pay access fees and other charges on your behalf
a legitimate Internet address
serves as a gateway to the Internet
Transmits data over short distances is not a function of an ISP (Internet Service Provider).
The Internet Service Provider is an organization which provides each individual and company access to the internet and other service provided by the internet.
The Internet Service Provider included services like communication services, file transfer, information retrieval services, web services, directory services and network management services.
The function of ISP that continuously monitors network for various activities and action to prevent it.
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Which of the following best describes why antibiotics with a mode of action like azithromycin are selectively toxic? a. Because humans obtain folic acid through their diet. b. Because humans don't have peptidoglycan in their cell walls. c. Because humans and bacteria have different replicating enzymes. d. Because humans and bacteria have different ribosome structures. e. Actually, antibiotics like azithromycin are not selectively toxi
Option D is correct, Azithromycin is selectively toxic with a mode of action because humans and bacteria have different ribosome structures.
Many different kinds of antibacterial medications function by attaching to the 50S component of bacterial ribosomes. It is an antibiotic that is prescribed to treat various bacterial infections. This covers pneumonia, traveler's diarrhea, strep throat, middle ear infections, and a few other intestinal ailments. It is a well-liked antibacterial drug that manages a number of medical disorders. It functions by preventing the development of specific microorganisms. It is ineffective against viruses. Z-Paks are simple to use, typically inexpensive, and very efficient. Azithromycin functions largely as a bacteriostatic agent, which means it prevents bacterial growth rather than actually killing germs, like other macrolides and protein-synthesis inhibitors.
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How is a recession determined?
Answer:
A recession is typically determined by looking at a country's gross domestic product (GDP), which is the total value of all the goods and services produced by a country's economy. If a country's GDP experiences two consecutive quarters of negative growth, it is generally considered to be in a recession. Other factors, such as high unemployment rates and declining consumer spending, can also be used to determine whether a country is in a recession.
which of the following has the qualities of being attractive, durable, and timely and is anchored in a product or service that creates or adds value for its buyer?
Opportunity (E) has the qualities of being attractive, durable, timely, and is achored in a product or service that creates or adds value for its buyer.
Opportunity is a favorable set of circumtances when a need of a new product is created. Opportunity occurse when an idea becomes possible to be executed. To recognize the opportunity you have, you need to identify a product that people need and willing to buy, instead of what the enterpreneur wants to make and sell.
Opportunity needs to have 4 essential quailities:
AttractiveDurableTimelyAnchoredA good opportunity must be attractive to its executors and all supporting stakeholders. To dtermine an opportunity's attractiveness, each stakeholders may look for different metrics. Most stakeholders might want to see if the opportunity has a robust market, margins, and money-making capabilities.
An opportunity should be able to ensure its durability and sustainability. A good oppotunity would not disappear suddenly just a year after being lauched. A good opportunity has to ensure the investors that they have enough of tim to realiza the returns on their investment.
A good opportunity should come and executed at the right time. Some good ideas might come ahead of its time and face failure back then. However, if those ideas were proposed today, they will become huge successes.
A great opportunity should be able to answer the customer needs and feel the gap between the current products offerings and the customer needs. In most of the case, the enterpreneurs have different perception about customer needs and regarding what makes a product is good from the customers. A complex customers research is needed to ensure this aspect.
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Complete Question:
Which of the following has the qualities of being attractive, durable, and timely and is achored in a product or service that creates or adds value for its buyer?
a. Idea
b. Scheme
c. Design
d. Proposal
e. Opportunity
On January 1, 2019, Eagle Company borrows $35,000 cash by signing a four-year, 7% installment note. The note requires four equal payments of $10,333, consisting of accrued interest and principal on December 31 of each year from 2019 through 2022 Prepare the journal entries for Eagle to record the note's issuance and the four payments (Round your intermediate calculations and final answers to the nearest dollar amount.) View transaction list Eagle borrows $35,000 cash by signing a four-year, 7% installment note. Record the issuance of the note on January 1, 2019. rincipal 2 Record the payment of the first installment payment of interest and principal on December 31, 2019. 3 Record the payment of the second installment payment of interest and principal on December 31, 2020. Credit 4 Record the payment of the third installment payment of interest and principal on December 31, 2021. 5 Record the payment of the fourth installment payment of interest and principal on December 31, 2022. Note : = journal entry has been entered Record entry Clear entry View general journal
A promissory note is a composed guarantee to pay a monetary commitment at the development date. In this case, the borrower is the maker, and the lender is the holder. The obligation will be recorded by both the borrower and the lender in the notes receivable account.
To start with, we process the current worth component of interest.
A promissory note is what?A promissory note is a written agreement between you, the borrower, and another party to repay a loan (usually from a bank or other financial institution).
P V = ( 1 ( 1 + i n t e r e s t ) n u m b e r o f y e a r s ) i n t e r e s t P V = ( 1 ( 1 + 0.07 ) 4 ) 0.07 = 3.3872 ( r o u n
C a s h p a i d = P r i n c i p a l a m o u n t o r C a s h p a i d = 35, 000 3.3872 = 10,333.02 Let's make the amortization table for the notes.
I n t e r e s t e x p e n s e = E n d i n g B a l a n c e x 0.07 A m o r t i z a t i o n = C a s h p a i d I n t e r e s.
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