Should Monics and Ami use a loan or their personal funds to finance their business startup? What other alternatives might they consider?
Answers
Answer:
Explanation:
Financing Business and Personal Aetivities money to start a basiness might result in financial difficulties later on for the business. If you use your own savings to start a business, you might face personal financial problems. What should you do? The answer is not easy. However, you would need to consider sales, expenses, and cash flow in making your decision. Initial sales for the 3D printing business are estimated at $2,200 a month. Sales are expected to grow about 10 percent every six months. However, from this sales various besiness expenses miast be deducted. These include rent, utilities, supplies, advertising, salaries, and insurance. s there is incressed interest in and market opportunities for 3D printing, Monica and Ami have decided to purchase equipment that would serve the marketing needs of various local basinesses. Their 3D printing business would provide product prototypes, innovative marketing materials, and ereative point-of -sale displays. The cost of the equipment and other business start-up expenses are estimated at s6,400. Monica and Ami need to decide whether to use their personal funds or take out a loan to launch the business. A major cause of business failure is poor cash flow. Monica and Ami need to carefully monitor their cash inflows from sales and their cash outflows for business expenses. Creating and maintaining a cash flow statement is a vital record keeping activity for every business. Monica and Ami hope to establish a consistent cash flow from regular eustomers that is complemented by additional revenue from holiday season sales and new eustomers As they plan to move forward with their new enterprise, Monica is interested in obtaining a loan to finance the business startup. Ami believes they should use their personal funds. Monica believes a loan would cause less stress on their personal assets and allow them to maintain needed funds for personal financial emergencies Ami is concerned about the risk of the loan in the event they are not able to make the required payments. Before they move forward, this difference between the owners must be resolved.
Based on the given information, they can opt for personal funds to finance their business startup or might consider an angel investor to invest by pitching with a business plan.
What is a business startup?The organizations that are concentrated on a specific good or service that the entrepreneurs intend to offer to the public and make attractive to consumers are referred to as Startups.
One can invest their own money in their company, designating it as either equity or a loan and depositing the funds into their business account using a check. Several business owners classify it as equity.
If they don't want to spend their own money, they can hunt for angel or investor funding where they can pitch their business proposal to acquire money for their venture and product promotion.
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Related Questions
Samantha makes $250.00 a week and saves 10% of her paycheck each week. How much will she save in 12 months
Answers
Answer:
300
Explanation:
You have to find 10% of 250(25 ofc) Then multiply that(25) By 12
Subject: Accounting
Please answerr
On 1 May Sally owed William $400. On 21 May she purchased goods, list price $1440, subject to a trade discount of 25%. She returned one third of these goods on 24 May.How much did Sally owe William on 31 May? Include working.
A $630 B $720 C $1030 D$1120
Answers
Answer:
D) $1120
Explanation:
The goods Sally purchase were $1440, and with the 25% discount, she would have paid $1080, because 25% of $1440 is $360. Since she returned 1/3, she would have only spent $720, because $1080/3 is also $360. $720+$400 from the beginning would be $1120
Answer:
l believe the answer is a
Saving for College. You want to create a college fund for a child who is now 3 years old. The fund should grow to $60,000 in 15 years. If an investment available to you will yield 6% per year, how much must you invest in a lump sum now to realize the $60,000 when needed? (Hint: Use Appendix A.2.)
Answers
Answer:
present value = $25035.90
Explanation:
given data
future value = $60,000
rate = 6% = 0.06
time period = 15 year
solution
we get here present value that is express as
present value = [tex]\frac{future \ value}{(1+rate)^{time}}[/tex] ........................1
put here value
present value = [tex]\frac{60000}{(1+0.06)^{15}}[/tex]
solve it and we get
present value = $25035.90
True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location.
Answers
A lot of people do buy special insurance for their homes. Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographic location is a true statement.
Special insurance policy expressly are often made so as to offer a sure or verified form of protection in the event of some particular circumstances.The business or property that one has would need own set of special insurance coverages for the unforeseen risks and it is better to take a special policy that is based on one's geographical location.
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Script between manager and customer while returning a product?
Answers
Answer:The principal thing you need to do when there's any issue, paying little heed to who's to blame, apologizes and pass on sympathy. You need to help settle their issue, yet you likewise need to ensure that their interests are heard and perceived. The contents underneath will cover the fundamental issues of value blunders, request misunderstandings, and other item related issues.
At the point when the inaccurate delivery address is entered. It would appear that your request transported to some unacceptable location. So heartbroken about that. We will send another [product name] to your location, and it ought to show up inside the following week.
At the point when an item is rarely conveyed: So sorry to learn that, [insert name]. Allow me to raise your request so we can perceive what occurred and get another [product name] shipped off you.
I'm so heartbroken about the mistake. We should perceive what we can do about amending your request.
At the point when the item is gotten broken: I'm so grieved about that. In the event that you send a photograph of the harmed [product name], we'll feel free to convey another [product name]. Obviously, in the event that you'd like a discount, we can feel free to deal with that for you, also.
I realize this is not exactly ideal. In any case, I must converse with my chief and see what we can concoct to determine your issue. Is it alright in the event that I [call/email/message] you back once we have a goal? I guarantee it will not take longer than 24 hours.
At the point when the item isn't what they expected: I'm sorry to such an extent that the [product name] wasn't what you anticipated. Might you want to return or trade your [product]? Continue with a discount/merchandise exchange.
At the point when the item is an alternate tone or size than what they requested: I'm so grieved about that, let me feel free to convey the right size/shading that you at first arranged. I will email you headings for restoring the item that we erroneously sent and send your [correct product] at the present time.
So heartbroken, [customer name], It appears we committed an error and sent the receipt to some unacceptable email. We're going on and resend your notice; you ought to get it inside 24 hours.
Explanation:
You are in charge of purchasing supplies for a lighting company and need to buy 125 feet of electrical wire. A local supplier sells the wire for $1.25 per foot, plus 5% sales tax. An online company sells the wire for $1.75 per foot. The online company also offers a rebate of 10% for the whole order and charges no additional sales tax. If you choose the better of the two prices, how much will you pay for the 125 feet of wire?
Answers
Answer:
$164.06 for the 125 feet
Explanation:
total costs from brick and mortar store = ($1.25 x 1.05) x 125 feet = $164.06
total costs from online store = $1.75 x (1 - 10%) x 125 feet = $196.88
after you compute the total costs per store, you should purchase the electrical wire from the brick and mortar store
A naturalistic learning style fits a person who enjoys learning through _____.
listening to music
working alone
presenting a summary of a novel
comparing things found in nature
Answers
Answer: comparing things found in nature
Explanation:
Naturalistic learning involves the use of natural elements such as animals, plants, natural events and the environment in general to learn about various concepts.
People who would prefer this style of learning prefer to learn outdoors and are usually found comparing things found in nature to other things regardless of if they are indoors or outdoors. The strong attraction they feel to nature allows them to harness this learning style more effectively.
Answer:
comparing things found in nature
Explanation:
i got it right on my test
In addition to working on construction sites, where else might a sheet metal worker typically be employed?
community college
office
farm
factory
Answers
Answer:
factory
Explanation:
Just did the test your welcome.
The particular market segment your company is trying to sell your products or services to is your?
Answers
Answer:
Target market
Explanation:
Target market refers to the potential or existing customers that a business intends to sell its products or services. The target group is the group of people that a firm focuses on when creating its advertising messages.
A business identifies its target group through market research. The firm surveys the market to identify groups of people who are highly likely to buy its products and services.
Answer:
D
Explanation:
got it right on Edge
What are five key features of a centrally-planned economy?
Answers
Answer: See explanation
Explanation:
A centrally planned economy is simply refered to as an economic system whereby the decisions regarding how resources will be allocated and distributed are done by the government.
Some of the features of a centrally planned economy include:
1. Ownership by the government.
2. The government is responsible for making economic decisions such as what to produce, for whom to produce and also how to produce.
3. Prices in the centrally planned economy are set by the price controls.
4. The economy is bureaucratic.
5. Laws are made by the government in the economy.
Question :Which statement best describes displacement? Check all that apply
Answer:2 , 3 5
Answers
Answer:
2
Explanation:
thats my guess
Lenders look at the credit score of a loan applicant in order to _____.
a.
verify the applicant’s annual gross income
b.
ensure that the applicant is financially responsible
c.
ensure that the applicant’s credit score is as high as possible
d.
see what types of loans the applicant has applied for in the past
Please select the best answer from the choices provided
A
B
C
D
Answers
Answer:
B
Explanation:
because they make sure you are responsible and careful with money
The correct option is b. ensure that the applicant is financially responsible.
Credit score:A credit score refers to the numerical expression depend upon a level analysis of a person's credit files, for presenting the creditworthiness of an individual. So for looking at the credit score, the applicant should be responsible financially.
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Khalil is a network engineer for a bank with branches all over the world. Why would Khalil’s position be very important to his company?
FASTTT
Answers
Answer:
Their role is important because they plan, construct, and manage networks to ensure they're optimized and functioning as intended. They're responsible for the foundation of an organization's IT system.
Explanation:
Answer:
Khalil’s position is indeed very important at his job. First of all, his job consists of working with computers, servers, network devices and other devices that are connected to one another. Devices that are connected to each other allow data to be shared, at Khalil’s job this is very important because the bank that he works for has branches all over the world and it is a key for the company to have good communication between all of the banks. Careers like Khalil’s are extremely important in our society today because of the fact that most of the communication in today’s jobs and schools is done virtually. Without network engineers our society would not function as is does now.
How is the wage rate determined through the forces of demand and supply of labor?
Answers
Answer: Just as in any market, the price of labor, the wage rate, is determined by the intersection of supply and demand. When the supply of labor increases the equilibrium price falls, and when the demand for labor increases the equilibrium price rises.
Explanation:
Do you think the ad will change women’s purchasing habits when it comes to shampoo? Explain.
Answers
Answer:
Depends on the product
Explanation:
Women love different scents, but they prefer ingredients that destroy the dryness from their hair, so if, let's say. a brand like TRESemme Shampoo and Conditioner starts putting heathier ingredients into it, and will put a box onto the bottle commonly on the back with words that read "TRESemme Keratin Smooth Shampoo contains natural keratin which strengthens hair and makes it unbelievably smooth.. It can even make your chemically-treated and damaged hair as smooth as before!" this can influence women's thought's to buy this product, so yes, yes an ad can influence a women's purchasing habits'.
Long story short: yesWhy is it important to invest for your retirement? please explain :p
Answers
The global stock market is often volatile. if your entire investment portfolio loss 10% of it's value in a month during a market decline, what would you do?
A. Sell all of your investment
B. Sell some
C. Keep all / Buy more
Answers
Answer:
B sell some
Explanation:
in a scenario where it is dropping, it doesn't mean it won't come back up. So you would sell some but keep a few so if it went up you still make profit
Based on the provided information, what i would do in this case is that i will sell some of the investment.
According to the question, we are to discuss about selling if investment in a case global stock market is often volatile and my entire investment portfolio loss 10% of it's value in a month.
As a result of this i will sell some of the investment, then keep some because the global market can still rise.
Therefore, option B is correct because, global market can still rise.
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why is a higher interest rate important when saving money
(A) it pays interest on principal and interest
(B) it means a person will owe the bank less over time
(C) it grows savings at a faster pace
(D) it requires a lower amount be deposited each month
Answers
Answer:
C.
Explanation:
I believe it is C. because I'm pretty sure its talking about the interest which is where you receive some money from the bank for keeping you money there or whatnot.
The correct option is (C). it grows savings at a faster pace is a higher interest rate important when saving money.
A higher interest rate means that the saver will earn more interest on their savings, which will grow their savings at a faster pace.
Option (A) is incorrect because interest is only paid on principal, not on interest.
Option (B) is incorrect because a higher interest rate will not mean that a person will owe the bank less over time.
Option (D) is incorrect because a higher interest rate does not require a lower amount to be deposited each month.
Here is an example to illustrate this point. Let's say you have $1,000 in a savings account with an interest rate of 1%. After one year, you will have earned $10 in interest.
If the interest rate on your savings account were 2%, you would have earned $20 in interest after one year. Therefore, a higher interest rate will help your savings grow at a faster pace.
A higher interest rate will help your savings grow at a faster pace because you will earn more interest on your savings.
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this is what i get for missing online lessons haha
Answers
Answer:
22.28%
Explanation:
As per the pie chart
Variable costs: £2,150.00
Fixed costs £7,500.00
Total weekly costs = variable costs + fixed costs
= £2,150.00 +£7,500.00
=£9,650
Variable costs as a percentage of weekly costs
= £2,150/£9,650 x 100
=22.279792%
=22.28%
Businesses and _____________________ are accepting greater environmental
Answers
avoid using materials unnecessarily
reduce your paper needs by asking staff to print double-sided
reuse by encouraging staff to use scrap paper for message-taking instead of purchasing message pads
recycle by shredding excess paper - you could recycle this commercially or invite staff to take it home for their compost or mulch heaps.
What will you need to find for your life when you begin working?
Money
Balance
Time
Energy
Answers
Answer:
Balance is key
Explanation:
am I correct or not? lmk
Answers
Answer: the answer is actually event marketing I only know that because when I was in normal schooling we played Quizlet all the time
The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
Answers
Answer:
a.The rate of inflation
Explanation:
Inflation means rise in the consumer price index i.e. the weighted average of prices belong to the different kinds of goods. It could be measured by taking the difference of CPI and dividing it by the previous year CPI
The rate of inflation would be most impacted to the purchasing power of people income
Therefore the option a is correct
Which of the following does NOT describe a benefit of a democratic education?
A. Decreased motivation and achievement
B. Deepened sense of social responsibility
C. Better communication and decision making skills
D. Development of well-informed citizens
Answers
Answer:
Explanation:
C I promise if not C it's A cause when I put a it was right and when my brother put c it was right so it's your choice
Sonic The Hedgehog has 5 lawn mowers, and wants to get rid of all of them, how does he sell his lawn mowers? Why?
Answers
Answer:
First why does he have 5
he can easily do it on his own since he's fast I think that's why but that doesn't explain why he has 5 lawnmowers
Question 10 of 20
What is the difference between a market economy and a command
economy?
A. A market economy is determined by central authority and a
command economy is determined by consumers,
B. A market economy is determined by consumers while a command
economy is determined by both consumers and central authority
C. A market economy is determined by both central authority and
consumers while a command economy is determined by only
consumers
D. A market economy is determined by consumers and a command
economy is determined by central authority,
Answers
Which of these is true about the national unemployment rale!
A. All citizens are included in the labor force.
B. All people 18 years or older are counted as part of the labor force.
C. It is always at 6%.
D. It is never at zero.
Answers
Answer:
D. It is never at zero.
Explanation:
The unemployment rate is described as the percentage of the labor force that is jobless but actively seeking work. The labor force comprises an adult population that is currently working or seeking employment.
The unemployment rate is never at zero. At every moment, there is frictional unemployment as people switch jobs or new college graduates seeking their first job. There is also unemployment due to economic seasons. Even when the economy is considered to be at full employment, the unemployment level is not at zero but at around 3 to 5 percent.
The purchasing power of peoples' income is most affected by what?
a.The rate of inflation
b.The trade deficit
c.The balance of payments
d.The value of foreign currency
Answers
The rate of inflation
Explanation:
Which of the following are steps in the Incident Reporting Process? (select all that apply)
review by management
develop changes in care
enact changes in care
record the incident
Answers
Answer:
review by management
develop changes in care
enact changes in care
record the incident
Review by management, develop changes in care, enact changes in care, record the incident are the following steps in the Incident Reporting Process.
What is Process?A process is a set of decisions and actions used to carry out work. Although we may not be aware of them, processes are present in every sphere of our lives, including work and leisure.
Employees who get sick or hurt at work are given the treatment and help they require thanks to an incident reporting mechanism. In order to manage and improve preventive measures, it also helps with the recording and tracking of incidents.
Therefore, all the steps are the part of Incident Reporting Process.
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How does saving compare to savings?
Answers
A savings account is a bank account that allows you to set money aside and earn interest in the process. Some savings accounts pay a lower interest rate while other savings accounts offer higher interest rates that can actually help you grow your money.
