Mark enjoys trekking and frequently goes on long journeys with his group of friends. To keep his travel gear light, he doesn’t pack too many clothes for the trip and opts to wash the ones he carries on the way instead. The difficulty is that not every place would have the washing facility or equipment needed. Mark came up with the idea of a portable wash bag which has started to gain traction among the trekking community. He also advertised the product to other bikers and campers due to its convenience. His business has been in operation for 5 years and is now at the stage of rapid growth that would require a substantial amount of capital to upgrade manufacturing and distribution facilities. List and explain three (3) possible financing options available to Mark to raise capital needed
Answers
There are various financing options available to Mark that he can opt for to raise capital needed for upgrading manufacturing and distribution facilities. Three possible financing options are: Equity financing, Debt financing, Crowdfunding.
Equity financing: Equity financing is one of the most common sources of finance that businesses can opt for. In this type of financing, companies issue shares to interested investors in exchange for capital. Since shares represent ownership in the business, the investors become shareholders and share in the profits and losses of the business.
Debt financing: Debt financing is another popular way to finance business operations. In this type of financing, companies borrow money from lenders, such as banks or other financial institutions, and are required to repay the principal amount with interest over a predetermined period of time.
Debt financing offers several advantages to businesses, including the fact that they do not have to give up ownership of the business.
Crowdfunding: Crowdfunding is a newer type of financing that has become increasingly popular in recent years. Crowdfunding involves raising capital from a large number of people, usually through online platforms. The idea is that people will contribute small amounts of money to fund the project in exchange for some kind of reward or benefit.
Crowdfunding offers several advantages to businesses, including the fact that it can be a quick way to raise capital and can help to generate publicity for the business.
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Related Questions
What can an understanding that tourism involves travel for purposes such as leisure, business, or other reasons and that hospitality involves receiving guests in a way that is welcoming and friendly help define?
Answers
The understanding of tourism which involves travel for purposes such as leisure, business, as well as hospitality can help us to understand the exploration of the world which help relaxation.
What is tourism?Tourism can be described as the process of social, cultural as well as economic phenomenon which involves the movement of people from one place to another which involves the exploration of the world around us.
It should be noted that the act do encourage leisure as well as business which can help to promote the desire of the people.
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Select the correct answer from each drop-down menu. Which stage of the selling process deals with the actual point of sale where the customer agrees to buy? which stage relates to the post-sale interaction with the customer? the stage relates to the point where the customer actually agrees to buy. The stage relates to the post-sale interaction with the customer.
Answers
The closing stage relates to the point where the customer actually agrees to buy. The follow-up stage relates to the post-sale interaction with the customer.
The closing stage refers to the moment in the sales process where the buyer really gives their consent to purchase. The interaction with the client that takes place after the sale constitutes the follow-ups stage of the process.
As a buyer or seller of real estate, you should be aware that the closing stage refers to the actual point of sale, which is when the client agrees to purchase the property. At this point, all of the arrangements have been finalised, and the buyer is now prepared to purchase the property.
You should also be aware that the stage that is associated with the engagement that takes place after the transaction with the consumer is the follow-ups stage. During the follow-ups, all of the tasks and procedures that are supposed to be finished following the closing stage are actually completed. And if you desire a career in real estate, you should commit these to memory for the rest of your life if you want to succeed.
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Please help:(
Do you think that federal regulations are beneficial or should the financial sector be left to its own devices with little to no government interference? Why? Stated another way, w
aspects of financial regulations do you think are beneficial to individuals and the country? Or what are the possible downsides of too much regulation?
Answers
The economy, businesses, and consumers all depend on a healthy financial system.
Why is it important to regulate the financial sector?The economy, businesses, and consumers all depend on a healthy financial system. The safety and soundness of the financial system and the protection of customers are both ensured in part by financial regulation. Regulations guard against financial fraud for consumers. Mortgages, credit cards, and other financial items that are immoral are among these. Monopolies cannot take control and consolidate their power because of laws like the Sherman Anti-Trust Act. While this is true, the advantages are linked to three aspects of improved financial stability: a lower likelihood of future crises, lower projected losses, and lower societal expenses. One of the top advantages of government regulation is safeguarding citizens against subpar goods, services, or company practices.To learn more about financial sector refer to:
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under the direct method, cash receipts from customers are equal to sales plus the increase in accounts receivable.
Answers
The statement "under the direct method, cash receipts from customers are equal to sales plus the increase in accounts receivable" is FALSE because cash receipts from customers are not equal to sales plus the increase in accounts receivable.
Instead, cash receipts from customers are calculated by taking the sales revenue and adjusting it for the changes in accounts receivable.
If accounts receivable increases during the period, it indicates that some sales have not yet been collected in cash, so you would subtract the increase from the sales revenue.
Conversely, if accounts receivable decreases, it means that cash collections were higher than sales during the period, so you would add the decrease to the sales revenue. This adjustment helps to accurately represent the actual cash inflows from customers during the period.
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The three elements of the marketing concept are __________.
a. Market share, customer needs, marketing mix
b. Customer needs, company goals, profits
c. Channel management, customer needs, profits
d. Planning, target market, social media marketing
Answers
Answer:
B. Customer needs, company goals, profits
Explanation:
i just need a short answer (1-2 sentences) for this question
Answers
Explanation:
Retailing can be defined as the buying and selling of goods and services. Product, Price, Place and Promotion are the basic necessities of a proper retail business/company.
Ned Douglas owns Ned’s Blankets. Ned asks you to explain how he should treat the following reconciling items when reconciling the company’s bank account.Outstanding checks.select an explanationDeduct from balance per bank2.A deposit in transit.select an explanationAdd to balance per bank3.The bank charged to our account a check written by another company.select an explanationAdd to balance per bank4.A debit memorandum for a bank service charge.
Answers
In accounting, the purpose of reconciliation is to compare two sets of records for correction and make sure they are in agreement.
Here, Ned have some items which needed to be reconciled with the company’s bank account.
For "the Outstanding checks", he should deduct the amount from balance per bank For "a deposit in transit", he should add to balance per bankFor "the bank charged to our account a check written by another company", he should add to balance per bank and notify the bank of its error. For "a debit memorandum for bank service charge", he should deduct from balance per books.Learn more about this here
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Economists categorize industries using all these characteristics EXCEPT the nature of the industry's product. location of the industry. O barriers to entry. extent to which individual firms can control prices.
Answers
Economists categorize industries based on a variety of characteristics, including the size and concentration of firms, the level of competition, and the barriers to entry.
Economists categorize industries based on a variety of characteristics, including the size and concentration of firms, the level of competition, and the barriers to entry. However, they generally do not categorize industries based on the nature of the product being produced. Other important factors include the location of the industry and the extent to which individual firms are able to control prices. Ultimately, understanding the unique characteristics of different industries is essential for making informed economic decisions and predicting future trends in the market.
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One twin is a data entry clerk for a monopoly. The other twin is data entry clerk for a perfectly competitive business. The two twins are equally good data entry clerks (they can enter the same amount of data in an hour, making the same number of mistakes). Which is true about the wages of these twin data entry clerks
Answers
The thing that's true about the wages of these twin data entry clerks is that they're likely to receive sane wage.
What is a wage?It should be noted that a wage simply means the payment for services rendered usually for a week or per hour.
In this case, the thing that's true about the wages of these twin data entry clerks is that they're likely to receive same wage since they perform same functions.
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Which of the following statements about the Equal Employment Opportunity Commission (EEOC) is false?
Multiple Choice
The EEOC is composed of five members.
The EEOC was created by the Sarbanes-Oxley Act of 2002 to ensure fair employment opportunities to applicants of any race, religion, color, or sex.
The EEOC can have a maximum of three members belonging to the same political party.
Members of the EEOC serve a five-year term.
Members of the EEOC are appointed by the president, with the advice and consent of the Senate.
Answers
The false statement about the Equal Employment Opportunity Commission (EEOC) is "The EEOC was created by the Sarbanes-Oxley Act of 2002 to ensure fair employment opportunities to applicants of any race, religion, color, or sex.
"Explanation:The EEOC was established by the Civil Rights Act of 1964 to prohibit employment discrimination based on race, color, religion, sex, or national origin. The EEOC is a federal agency that is responsible for enforcing federal laws that make it illegal to discriminate against an employee or a job applicant based on race, color, religion, sex (including pregnancy, gender identity, and sexual orientation), national origin, age (40 or older), disability, or genetic information.
The EEOC is composed of five members, with no more than three members belonging to the same political party. Members of the EEOC serve a five-year term and are appointed by the president, with the advice and consent of the Senate.
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When preparing a business message, you should make your writing audience oriented. Audience oriented means a. attempting to get your audience to believe and accept your message. b. writing to solve a problem or convey information. c. presenting ideas clearly but concisely. d. concentrating on looking at the message from the receiver's perspective.
Answers
Answer:
D. Concentrating on looking at the message from the receiver's perspective.
Explanation:
When writing a business message, it is important to ensure that the perspective of the receiver is considered. There are two sides to a message; the speaker and the receiver. By making a business writtings audience oriented, it means that thoughts of the receiver or audience is considered alongside the message.
Although other skills such as; present ideal clearly but concise, attempt to get your audience to believe and accept your message, write to solve a problem or convey information are essential qualities of business writtings, yet do not point to audience oriented message.
Suppose that, before filing for bankruptcy, Stephen had been involved in an automobile accident. The attending officers determined that Stephen's blood-alcohol level was above the legal limit. An injured passenger in the other car sued Stephen and won a settlement. Further suppose that Stephen, as part of his Chapter 13 bankruptcy, attempted to discharge the car-accident settlement in addition to attempting to discharge his obligation for his children's college expenses. Would he be successful?
Answers
Answer:
No, because in bankruptcy repayment plans, certain debts are not dischargeable, including those related to injury or property damage caused while driving drunk.
Explanation:
Dischargeable debts are defined as amounts owed that can be wiped out by one's bankruptcy discharge.
Once the bankruptcy discharge is issued, creditors in such cases can no longer collect on the debts
An example of dischargeable debts is credit card debt and medical bills
In this scenario however where Stephen had been involved in an automobile accident and attending officers determined that Stephen's blood-alcohol level was above the legal limit.
Any debt in relation to the injured party cannot be discharged through bankruptcy
With the impending retirements of very talented senior staff, Katherine was concerned that PTO Inc., her employer, was not planning for the future. Spurred on by her concern, Katherine convinced management to budget and build a knowledge management system to create, acquire, store, and transfer knowledge in order to modify PTO's behavior to reflect new knowledge and insights. Two years later, Katherine was proud to reflect on her success in helping the company become a(n) ________ organization.
Answers
Answer:
Learning.
Explanation:
Since the very talented senior staff would be retiring soon, Katherine was concerned that PTO Inc., her employer, was not planning for the future. Spurred on by her concern, Katherine convinced management to budget and build a knowledge management system to create, acquire, store, and transfer knowledge in order to modify PTO's behavior to reflect new knowledge and insights.
Two years later, Katherine was proud to reflect on her success in helping the company become a learning organization.
A learning organization is an organization that acquires knowledge very quickly or rapidly, so it can be innovative and have a competitive advantage over other organizations in the same industry. It is characterized by the rapid acquisition, sharing, and use of information by its employees.
58:50
Shona is buying a rug for her room. Store A has the rug for $45 with a 10% discount. Store B has the same rug for
$46 and is offering a $10 off coupon. The sales tax is 6% on either purchase. If Shona only has $40 to spend, which
store will she purchase the rug from, and how much will she have left over?
Answers
Answer:
Shona can afford the rug in store B. She will have $1.84 left over.
ari is a manager of a manufacturing company. he’s not very popular with his employees. after he hears employees gossiping about him, he tries to stop the chatter by enacting rules against spreading rumors, gossip, and discussions about the company. your managerial savvy tells you that ari’s efforts will .
Answers
Since Ari is a manager of a manufacturing company and after he hears employees gossiping about him, he tries to stop the chatter by enacting rules against spreading rumors, Note that your managerial savvy tells you that Ari’s efforts will most likely fail.
What it means to be a manager?A manager is someone who is in charge of monitoring and inspiring workers as well as guiding the development of an organization. The person in charge of customer service, who handles client complaints, and who manages and supervises customer service personnel is an example of a manager.
Note that the word "gossip" has several different connotations. Depending on who you ask, gossip can refer to anything that is said about someone without their knowledge, whether it be harmful or actionable. Some people think it solely refers to incorrect rumors, while others say it can also apply to honest comments.
Note that Ari stopping the gossip that way will likely fail because he is using the wrong method.
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A company has net sales of $726,000 and average accounts receivable of $165,000. what is its accounts receivable turnover for the period?
Answers
4.4 are going to be the period for accounts receivable turnover .
Evaluating :Account receivable turnover = income ÷ average account receivable
$726,000 ÷ $165,000
= 4.4
How do I determine the turnover of accounts receivable?Net sales are divided by the average amount of accounts receivable to arrive at the AR Turnover Ratio.
Sales on credit are wont to determine net sales.
- sales allowances - sales returns
What does a turnover ratio for assets mean?The efficiency with which a business is in a position to collect on its receivables or the credit it gives to clients is measured by the receivables turnover ratio.
The ratio also counts the amount of times a company's receivables are turned into cash during a specific time period.
What is measured by the turnover of accounts receivable?Receivables Accounts Indicator of how frequently receivables are received and paid throughout the period; calculated by dividing income by average accounts receivable. Turnover measure of both the standard and liquidity of receivables.
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In a budget, the purchase of a computer, printers, and cameras would fall into which of the following cost categories
Answers
The purchase of a computer, printers, and cameras would fall into the category of capital expenditures in a budget.
Capital expenditures refer to investments in long-term assets that provide future benefits to a business or organization. These assets are typically durable and have a useful life of more than one year. Computers, printers, and cameras are considered capital assets because they are essential tools for business operations and are expected to last for a significant period of time.
When creating a budget, it is important to categorize expenses appropriately to track and manage spending. Capital expenditures are typically budgeted separately from other types of expenses, such as operational expenses or recurring costs. This is because capital expenditures involve larger one-time investments that have a long-term impact on the organization's finances.
Therefore, when planning a budget, the purchase of a computer, printers, and cameras would fall into the category of capital expenditures. It is important to consider these expenses separately and allocate funds accordingly to ensure the organization has the necessary resources to invest in these long-term assets.
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QUESTION 6 of 10: A response to an employee's idea:
a) Is always provided in written form
b) Is only provided with a management sponsor
c) May require testing the idea before being accepted
Answers
A reply to a suggestion made by a worker. Before being approved, the concept might need to be tested.
Which word should I use: workers or employees'?Add a apostrophe and a s to show that singular nouns are in possession. Add simply an apostrophe to show possession when using plural verbs ending in s, as in four employee paychecks with two boss suggestions.
Can we say "workers"?“Employees'.” The singular possessive word "employee's" denotes something that only one employee possesses. If there are several employees, they are referred to as "employees," and everything that numerous employees own is referred to using the possessive pronoun form "employees'."
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A firm is considering two location alternatives. At location C, fixed costs would be \( \$ 4,000,000 \) per year, and variable costs \( \$ 0.45 \) per unit. At alternative \( D \), fixed costs would b
Answers
The firm is evaluating two location alternatives, C and D. Location C has fixed costs of $4,000,000 per year and variable costs of $0.45 per unit. However, the fixed costs of location D are not provided.
In order to make a comprehensive comparison between location alternatives C and D, we need information regarding the fixed costs at location D. Without knowing the fixed costs at location D, it is difficult to evaluate and determine which location is more cost-effective. Fixed costs are costs that do not vary with the level of production or sales. They are incurred regardless of the number of units produced or sold. In this case, we are given that location C has fixed costs of $4,000,000 per year. This means that regardless of the production volume, the firm will incur $4,000,000 in fixed costs annually at location C.
Variable costs, on the other hand, are costs that change in proportion to the level of production or sales. We are provided with the variable cost per unit, which is $0.45. This implies that for each unit produced or sold, the firm incurs a variable cost of $0.45. To make an informed decision between location alternatives C and D, we would need to know the fixed costs at location D, as well as any other relevant information such as the production volume or sales forecasts. With these additional details, a thorough cost analysis can be conducted to compare the total costs associated with each location and determine the more favorable option for the firm.
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The complete question is: A firm is considering two location alternatives. At location A, fixed costs would be $4,000,000 per year, and variable costs $0.30 per unit. At alternative B, fixed costs would be $3, 600,000 per year, with variable costs of $0.35 per unit. If annual demand is expected to be 10 million units, which plant offers the lowest total costs? A) plant A, because it is cheaper than Plant B for all volumes over 8,000,000 units
B) plant B, because it is cheaper than Plant A for all volumes over 8,000,000 units.
C) Plant A, because it is cheaper than Plant B for all volumes D) plant B, because it has the lower variable COM per unit
E) Neither Plant A nor Plant B, because (he crossover point is at 10 million units.
Scholarships awarded for high GPAs or test scores are based on _____.
Answers
Answer: Merit-based...
ABC Co. purchased merchandise on August 5 at a $1,000 invoice price with terms of 2/10, n/30 and paid for the merchandise on August 14. Determine its entry to record this purchase and the subsequent payment under both the gross method and the net method by matching the action on the left with the method on the right.
Answers
Answer:
Credit Cash for $980 on August 14: Both methods
Debit Merchandise lnventoty for $980 on August 5: Net method
Credit Merchandise Inventory for $20 on August 14: Gross method
Debit Discounts Lost for $20 on August 14: Neither method
Explanation:
Based on the information given the entry to record this purchase and the subsequent payment under BOTH THE GROSS METHOD and THE NET METHOD by matching the action on the left with the method on the right will be :
Credit Cash for $980 on August 14: BOTH METHODS
(100%-2%*$1,000)
Debit Merchandise lnventoty for $980 on August 5: NET METHOD
(100%-2%*$1,000)
Credit Merchandise Inventory for $20 on August 14: GROSS METHOD
(2%*$1,000)
Debit Discounts Lost for $20 on August 14: NEITHER METHOD
(2%*$1,000)
what do limited partners in a business give up ? why ?
Answers
Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.
Explanation:
DeBeers is an example of a government monopoly. True or False?
Answers
Answer:
I believe this is false.
May you help me with this business question I and very struggling
Answers
Answer:
availability of direct deposit
whats the meaning of oligopoly and monopoly market structure
Answers
Answer:
Oligopoly is a market structure with a small number of firms, none of which can keep the others from having significant influence, whereas monopoly is one firm, a duopoly is two firms and an oligopoly is two or more firms.
Explanation:
got it from class with help from investopida
Ally is buying a speed boat for $10,000 with a down payment of $2,500. The bank approved a simple interest flat rate loan for 5 years at 7% APR. How much are the monthly loan payments? (round to the nearest cent) A) $157. 50 B) $168. 75 C) $180. 00 D) $191. 25.
Answers
The monthly loan payments for Ally's speed boat amount to $191.25 (option D). This answer is derived from calculating the total loan amount, including interest, and dividing it by the number of months in the loan term.
To calculate the total loan amount, we subtract the down payment of $2,500 from the purchase price of $10,000, resulting in a loan amount of $7,500. The annual interest rate, or APR, is 7%. However, since it's a simple interest flat rate loan, we divide it by the number of compounding periods in a year to obtain the periodic interest rate. In this case, since the loan term is 5 years, there are 5 compounding periods. Therefore, the periodic interest rate is 7% / 5 = 1.4%.
Next, we calculate the total interest by multiplying the loan amount ($7,500) by the periodic interest rate (1.4%) and the loan term in periods (5 years * 5 compounding periods per year = 25 periods). This gives us $7,500 * 1.4% * 25 = $2,625.Finally, we add the total interest ($2,625) to the loan amount ($7,500) to obtain the total repayment amount, which is $10,125. Dividing this total by the number of months in the loan term (5 years * 12 months = 60 months), we find the monthly loan payment to be $10,125 / 60 = $191.25.
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Consideration is a(n) ________-oriented behavior.
Multiple Choice
task
functional
process
operational
people
Answers
Consideration is a people-oriented behavior. Thusly, choice (E) is precise response.
People-oriented behavior alludes to ways of behaving and activities that focus on and center around the necessities, interests, prosperity, and connections of people or gatherings. It includes showing compassion, understanding, and regard for other people, and effectively trying to fabricate positive connections and advance collaboration.
People-oriented behavior ordinarily includes compelling correspondence, undivided attention, joint effort, and supporting others in accomplishing their objectives. It stresses the significance of relational abilities and encouraging a positive and comprehensive work or social climate.
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why is it that when the price of an original good rises we tend to purchase more substitute goods and fewer complementary
Answers
When the price of an original good rises, people turn to substitute goods which offer a similar service at a lower cost, and reduce the amount of complementary goods due to their increased cost.
The Impact of Price Increases on Substitute and Complementary GoodsWhen the price of an original good rises, people tend to purchase more substitute goods and fewer complementary goods because substitute goods can provide a similar service or product at a lower cost. Additionally, when the price of an original good increases, the price of complementary goods also increase, making them less affordable. This is why people tend to purchase more substitute goods and fewer complementary goods when the price of the original good rises.
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A stock was purchased for $68.67 and sold for $75.88. The current risk-free rate is 1.91 percent. What is the risk premium for this stock? :: Answer should be formatted as a percent with 2 decimal places (e.g. 99.99).
Answers
The risk premium for the stock is approximately -1.80%, indicating a return below the risk-free rate.
To calculate the risk premium for the stock, we need to find the difference between the return of the stock and the risk-free rate.
Step 1: Calculate the return of the stock.
Return = (Selling Price - Purchase Price) / Purchase Price
Return = ($75.88 - $68.67) / $68.67
Step 2: Calculate the risk premium.
Risk Premium = Return - Risk-Free Rate
Risk Premium = Return - 1.91
Let's calculate the risk premium:
Return = ($75.88 - $68.67) / $68.67 ≈ 0.1053
Risk Premium = 0.1053 - 1.91 ≈ -1.8047
The risk premium for this stock is approximately -1.80%.
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Which situation describes a monopoly market structure?
A. Many different vendors sell the same few T-shirt designs to fans at
a concert.
B. Solar panels are only available from two companies operating in a
country
C. A lot of new Chinese restaurants open in an area with a growing
Chinese population
D. One company builds and sells all of the cars available in a
developing country.
Answers
Answer:
D. One company builds and sells all of the cars available in a
developing country. That if so gives the one company a monopoly, because there is only one company supplying that service.