How many business start ups fail in their first year?

Answers

Answer 1

In the first year, 10% of startups fail.

What causes a startup to fail?

According to business owners, reasons for failure include a lack of funding, being in the wrong market, a lack of research, bad alliances, ineffective marketing, and a lack of industry knowledge. Success can be attained by goal-setting, accurate study, enjoyment of your work, and perseverance.

Which company model is most likely to fail?

Although the construction sector is predicted to increase by 13 percent, a staggering 25% of businesses fail within the sector. The failure rate in the transportation sector is the same. In both industries, 35% of businesses fail by their second year, and 60% by their fifth.

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Related Questions

The Chinese economy is BEST classified as a​

Answers

Answer:

socialist market economy

Explanation:

Hope this helps! Please mark brainliest!

The Chinese economy is best classified as a​ socialist market economy.

What is  socialist market economy?

Market socialism, which involves public, cooperative, or social ownership of the means of production, is based on a market economy, or one with a mix of worker-owned, nationalized, and privately owned firms.

Governments are in charge of wealth redistribution and closing the wealth gap in socialist economies. Though it is believed that no modern country has a "pure" socialist system, North Korea, China, and Cuba all include major socialist market economy components.

The supply and demand on the general market determine how goods and services are created. This kind of economic system is known as a market economy.

Thus, it is a socialist market economy.

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Does advertising increase sales?

Does advertising increase sales?

Answers

By informing current and future customers about your new product launches, exclusive deals, and enhancements, advertising can boost sales.

To what extent does advertising affect sales?

Even while advertising expenditures are on the rise, sales may not necessarily increase. Every continuing marketing initiative is ineffective to some extent. Even while occasionally changes to the product, the target market, the media, or the creativity may have an impact on sales, more advertising does not directly affect sales.

Why is marketing so important to sales?

The effectiveness of advertisements depends on the factors they support. Creative message, the quality of the products, user experiences, the brand story, the price, the promotion, the endorsement, etc. are all important factors in advertising. A compelling tale can get more attention through advertising, but not more. Poor-quality products or subpar customer service will not be promoted in advertisements.

Boost consumer awareness of your company and brand. Your products or services should be marketed with their benefits in mind. Offer additional details regarding your company. Increase sales and demand.

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Feed the Hungry Children, a (fictitious) not-for-profit tax-exempt entity under IRC Sec. 501(c)3, has been in operation for six years. The mission of the group is to provide healthy breakfast meals to children in inner city schools, so they can best learn. A wealthy local philanthropist has been meeting with the organization hoping to change the direction of the organization in return for a $1,000,000 permanent endowment donated to the group. While these negotiations were taking place this year, the organization suspended its normal operations. The draft of the Form 990 for this fiscal year shows 0 revenues and 0 expenses for this fiscal year and penciled in is a $1,000,000 gift from the philanthropist. The treasurer of the Board is drafting the Schedule A for the Form 990 in preparation for reporting to the Board whether the organization's status has changed form a public charity to a private foundation. Go to the www.irs.gov website and obtain Form 990, Schedule A. In your own words, construct an argument to support why this tax-exempt entity is still a public charity.

Answers

Despite the suspension of normal operations and the potential $1,000,000 gift from a wealthy local philanthropist, there is still an argument to support that Feed the Hungry Children, the not-for-profit tax-exempt entity, remains a public charity.

1. Review the requirements for a public charity: According to IRC Sec. 501(c)3, a public charity must receive a substantial part of its support from public contributions and grants and be organized and operated for charitable purposes.

2. Examine the mission and purpose: Feed the Hungry Children's mission is to provide healthy breakfast meals to children in inner city schools, with the aim of helping them learn better. This aligns with a charitable purpose focused on improving the well-being of children and promoting education.

3. Consider the organization's history: Feed the Hungry Children has been in operation for six years, consistently providing healthy breakfast meals to children in need. Its long-standing commitment to charitable activities demonstrates a track record of serving the public interest.

4. Evaluate the potential gift: The $1,000,000 gift from the local philanthropist, although substantial, does not automatically change the organization's status from a public charity to a private foundation. The organization's eligibility is determined by its overall sources of support, not a single donation. If the gift does not significantly alter the public support test, Feed the Hungry Children can still maintain its public charity status.

5. Analyze the Form 990, Schedule A: The treasurer of the Board is preparing the Schedule A for the Form 990, which provides information about the organization's public support and support schedule. By reviewing this form, it will be possible to determine whether the organization's public charity status has changed or if it still meets the required criteria.

6. Document the argument: Compile the findings from the review, emphasizing the organization's charitable purpose, its history of serving the public, and the evaluation of the potential gift's impact on public support. Present these points in a well-structured and persuasive argument to support the conclusion that Feed the Hungry Children remains a public charity.

It is important to consult with legal or tax professionals for accurate and specific advice in interpreting tax laws and regulations related to the organization's status.

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Which activity does the IRS allow nonprofit organizations to engage in?

advertising tax deductions for donations
compensating business owners based on profits
selling pharmaceuticals if it is a healthcare organization
increasing the value of shareholder’s investments

Will give brainliest to correct answer!

Answers

Answer: advertising tax deductions for donations

Explanation:

The activity does the IRS allow nonprofit organizations to engage in is

advertising tax deductions for donations.

What is IRS?

It stands for Internal revenue service that administered the federal tax laws. In this, it contains the processing of tax return, tax payer service, and the enforcement.

So based on this, we can say that The activity does the IRS allow nonprofit organizations to engage in is advertising tax deductions for donations.

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glacier bicycle company manufactures commuter bicycles from recycled materials. the following data for october of the current year are available: quantity of direct labor used 710 hrs. actual rate for direct labor $13.50 per hr. bicycles completed in october 330 bicycles standard direct labor per bicycle 2 hrs. standard rate for direct labor $13.80 per hr. a. determine for october the direct labor rate variance, direct labor time variance, and total direct labor cost variance. enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

Answers

Variance in the direct labor rate is -6250 fav. Variance in direct labor hours = 4800 Unfavorable. 1450 fav in total direct labor cost variation Process Work 116650 Dr.

Which company produces bicycles the most?

(often referred to as Giant) is the largest bicycle designer and manufacturer in the world. It is based in Taiwan. Taiwan, the Netherlands, China, Hungary, and Taiwan all host Giant manufacturing sites.

Which bike brand needs the least upkeep?

The top affordable bikes are the Hero HF 100, Bajaj Platina 110, Honda Livo, Honda CD 110 Dream, Hero Splendor iSmart, and Bajaj Platina 100. The best 160cc bikes in India are also inexpensive, low maintenance, and available here.

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Fill in the blanks to complete the following sentence about labor force and unemployment, assuming country X has the following statistics:total population 16 years old or older = 50,000,000 full-time students = 4,200,000 not employed and not currently searching for jobs = 6,000,000 not employed but currently searching for jobs=2,336,000 currently employed = 29,664,000 Drag words below to fill in the blank(s) in the passage. Country X has a labor force of______, a labor force participation rate of_____, and an unemployment rate of_____.

Answers

Answer:

Country X has a labor force of 32,000,000, a labor force participation rate of 64%, and an unemployment rate of 7.3%.

Labor force:

= Unemployed people + Employed

Unemployed people here are those looking for jobs.

= 2,336,000 + 29,64,000

= 32,000,000 people

Labor force participation rate:

= Labor Force / Population of working age

= 32,000,000/50,000,000

= 64%

Unemployment rate:

= Unemployed / Labor force

= 2,336,000/ 32,000,000

= 7.3%

Country X has a labor force of 32 million, a labor force participation rate of 64 %, and an unemployment rate of 7.3%.

Labor Force:

They are those people in the country that can work.

Labor force = Unemployed people + Employed

Unemployed people are those looking for jobs.

Labour force = 2,336,000 + 29,64,000

Labor force = 32,000,000 people

Labor Force Participation Rate:

The percentage of labor force in working age  in the country.

\(\bold {Labor\ force\ participation\ rate =\dfrac {Labor\ Force} {Population\ of\ working\ age}}\\\bold {=\dfrac { 32,000,000}{50,000,000}\times 100 = 64}\)

= 64%

Unemployment rate:

It is the percentage of employed people to the population of the country.

\(\bold {Unemployment\ rate= \dfrac {Unemployed} { Labor\ force}}\\\\\bold = {\dfrac {2,336,000}{ 32,000,000}\times 100}\\\\= 7.3%\)

= 7.3%

Therefore, The unemployment rate in the country is 7.3%.

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b) Find the standard deviation and the coefficient of variation of the following data. 25 Marks Interval Frequency Interval Frequency 3.00-3.25 6 4.00-4.25 47 3.25-3.50 19 4.25-4.50 29 3.50-3.75 35 4.50-4.75 15 3.75-4.00 44 4.75-5.00 5

Answers

The standard deviation is 0.4182 and the coefficient of variation is 10.5%.

Given the following data Interval Frequency 3.00-3.25 64.00-4.25 473.25-3.50 194.25-4.50 293.50-3.75 354.50-4.75 153.75-4.00 445.00-4.75 5 The formula for finding the standard deviation is:\($$ \sigma =\sqrt{ \frac{\sum f(x-\overline{x})^2}{N}} $$\)

The table below shows the calculation; Interval \($X$ Midpoint ($X_i$)\) Frequency \(($f$) $x-\bar{x}$ $f(x-\bar{x})$ $(x-\bar{x})^2$ $f(x-\bar{x})^2\)

$3.00-3.25 3.125 6 -0.725 -4.35 0.525625 3.153.25-3.50 3.375 19 -0.475 -9.025 0.225625 4.279.50-3.75 3.625 35 -0.225 -7.875 0.050625 1.773.75-4.00 3.875 44 0.025 1.1 0.000625 0.274.00-4.25 4.125 47 0.275 12.925 0.075625 3.554.25-4.50 4.375 29 0.525 15.225 0.275625 7.994.50-4.75 4.625 15 0.775 11.625 0.600625 9.01.75-4.00 4.875 5 1.025 5.125 1.050625 5.25 \($\sum f=200$  $\sum f(x-\bar{x})= 3.15$  $\sum f(x-\bar{x})^2= 35.01$\)

The variance is: \($ \sigma^2 =\frac{\sum f(x-\overline{x})^2}{N} $$\sigma^2=\frac{35.01}{200}=0.1751$\)

Therefore, the standard deviation is: \($$ \sigma=\sqrt{ \sigma^2} $$$ \sigma=\sqrt{ 0.1751}=0.4182$\)

The formula for finding the coefficient of variation is:$$ C.V = \(\frac{\sigma}{\overline{x}} \times 100\% $$\)

The coefficient of variation is:$$ C.V = \(\frac{0.4182}{3.985} \times 100\% $$$C.V = 10.5\%$\)

Therefore, the standard deviation is 0.4182 and the coefficient of variation is 10.5%.

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What are two types of expenses when considering your budget?

Answers

The two types of expenses when considering your budget include variable and fixed expenses.

What is a budget?

A budget is described as a sort of financial planning, and it emphasizes how revenue will be generated and the various expenses. It is mainly conducted periodically and also re-evaluated.

When considering a budget plan, the two types of expenses taken into consideration include fixed expenses and variable expenses. Fixed expenses are the sort of expenses that remain unchanged and only change a few times and occasionally. For example, tuition fees, and insurance payments. The variable expenses include the expenses that change frequently and are mainly dependent on the purchase choices that are made every day. For example, medical bills, and clothing.

It can be concluded that the two types of expenses when considering your budget include variable and fixed expenses.

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How can you relate the careers in Finance as Bachelor of Science in Information Systems (BSIS) students?

Answers

Answer: can prepare you for an exciting career in a rapidly -expanding field. As an information science major, you'll study the creation and management of information content, the characteristics and needs of people who create, consume, and utilize information, and the technologies that support the creation, management , preservation , and dissemination of information .

Explanation:(none)

How will the aggressive eh commerce plan implemented by Walmart affect operations at its retail locations

Answers

Answer:

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Fitness Fanatic is a startup fitness center located in Louisville Kentucky. Its innovative model of combining social networking, exclusive branded apparel, and an invitation-only fitness center has led to substantial revenue growth. Describe how Fitness Fanatic exemplifies the “opportunity seeking” dimension of value creation.

Answers

The opportunity seeking” dimension of value creation  helps in the consideration , evaluation, and pursuing of market-based activities  which can help in development of the firm.

What is Value Creation?

Value creation can be regarded as the process that involves the utilization of the available  labor and resources  and turning them into something  that can meet the needs of people and the society at large.

It should be noted that this can be seen in the  farmers lifestyle as the grow crops, and also with workers building something in a factory, hence, The opportunity seeking” dimension of value creation  helps in the consideration , evaluation, and pursuing of market-based activities  which can help in development of the firm.

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Select the correct answer.
Which action can help you become an effective learner?
OA enrolling in a graduate program
O B. limiting your learning to what you need for your career
OC. maintaining a positive attitude toward learning
OD. only exploring topics that interest you

Answers

Answer:

c

Explanation:

maintaining a positive attitude toward learning

Maintaining a positive attitude toward learning action can help you become an effective learner. Thus, option (c) is correct.

What is learning?

The process of gaining new understanding, information, actions, abilities, values, perspectives, and preferences is known as learning. Humans, creatures, and some robots all have the potential to learn, and there is evidence that certain plants can learn as well. The process of acquiring new skills, information, knowledge, and values is known as education.

As an individual learns, a good attitude allows you to relax, remember, focus, and absorb information. When setbacks or obstacles occur, they will motivate those closest to them to do their all and help to drive projects forward. The best method to learn is to maintain a good attitude toward learning.

Therefore, option (c) is correct.

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yes or no. Is the Broker website powered by MLS data?

Answers

N/A MLSs are private databases that are created, maintained and paid for by real estate professionals to help their clients buy and sell property.

Describe the six-step process of conducting an ethics audit in detail.

Answers

Answer: 1. Requesting Financial Documents.

2. Preparing an Audit Plan.

3. Scheduling an Open Meeting.

4. Conducting Onsite Fieldwork.

5. Drafting a Report.

6. Setting Up a Closing Meeting.

Explanation:

1. Requesting Financial Documents

the organisation should be notified about an upcoming audit, with the auditor requesting for documents listed on his audit checklist. This documents usually include copies of previous audit report carried out, bank statements, reciepts and ledgers.

2. Preparing an Audit Plan

the auditor uses the information contained in the documents provided for him to plan or map out how the audit would be conducted.

3. Scheduling an Open Meeting

the auditor is invited to a meeting with the admintrative staffs, and senior management to present his scope of the audit. This helps determine the time interval for the audit.

4. Conducting Onsite Fieldwork

the auditor uses information gotten from the open meeting to finalize or conclude his audit plans. After which a field work is conducted.

5. Drafting a Report

the auditor prepares a report show full details of his findings of the audit conducted.

6. Setting Up a Closing Meeting

the clos meeting helps the auditor get a feedback from the managemen, whinch indicates the managements approval or disapproval with problems presented in the audit report.

Distinguish between bee and bbbee​

Answers

ANSWER:- The difference in these policies is while BEE sought to right the wrongs of the past, B-BBEE aims at distributing the wealth of nation across all races and genders.

(1) As the VP of human resources, you are trying to determine how much your organization should invest in leadership development. Which of the following factors indicate that leadership skills are less relevant to the organization’s success? Check all that apply.
A) Most employees are highly experienced.
B) Rewards such as pay and promotions are highly valued by employees.
C) Employees find their work intrinsically satisfying.
D) The organization typically hires people with entrepreneurial backgrounds.

(2)You are giving a presentation to a group of managers on transformational leadership. Which of the following would you emphasize as a benefit that this type of leader brings to the organization?
A) Reducing the amount of employee dissent
B) Stimulation of new ways of thinking
C) More precise control mechanisms
D) Methodical decision making

Answers

Answer:

Factors that indicate that leadership skills are less relevant to the organization's success are:

A) Most employees are highly experienced.

C) Employees find their work intrinsically satisfying.

2. A benefit that transformational leadership brings to the organization is:

B) Stimulation of new ways of thinking.

Describe a method for training employees.

Answers

Answer:

camping

Explanation:

Layne wants to set up her PivotTable to show how her total sales were distributed across the
months she's been tracking to see, at a glance, which month accounted for the higher portion
of her total sales. What command, accessible with a right-click, will bring up a list of options
that will let her do this with one click?
Show Values As...
Value Field Settings
O Show Field List
O Remove Values

Answers

The command that would help to show the total sales distributed in the month that she wants to see is the Show Field List.

What is the show field list?

This is the command that tells the spreadsheet that you want to view the values that are in a field.

This command would show the list after you carry out the action of right clicking on the pivot table.

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A 2014 survey of 1,500 top managers, showed that only approximately _____% of companies achieved breakthrough innovation.
Group of answer choices
a. 10
b. 20
c. 15
d. 5
e. 2

Answers

Answer:

c

Explanation:

Answer:
C


Explanation:

The beta of a stock is 1.2. The risk free rate is 3%. The expected market return is 9%. The dividends of the company are expected to grow by 5.6% a year. The current dividend is $6.80. Using the Gordon growth model, what is the intrinsic value of the firm

Answers

Answer: $156.09

Explanation:

First find the required return of the stock using CAPM:

= Risk free rate + Beta *( Market return - Risk free rate)

= 3% + 1.2 * (9% - 3%)

= 10.2%

Find out the Next dividend to be paid:

= Current dividend * (1 + growth)

= 6.8 * (1 + 5.6%)

= $7.18

Gordon Growth Model:

= Next dividend / (Return on stock - growth rate)

= 7.18 / (10.2% - 5.6%)

= $156.09

supposing mr john started business with 1,000,000 report financial 70,000 machineries 50,000 goods 500,000 rentage 200,000 what is the capital of the business? supposing Mr John took away 100,000 for his personal use it is called what? according to business entity capital is called what? according to business entity concept what are the assets of the company ​

Answers

ANSWER:

An accounting transaction is a business activity or event that causes a measurable change in the accounting equation. An exchange of cash for merchandise is a transaction. Merely placing an order for goods is not a recordable transaction because no exchange has taken place. In the coming sections, you will learn more about the different kinds of financial statements accountants generate for businesses.

In the previous section we described specific types of accounts that business activities fall into, namely:

Assets (what it owns)

Liabilities (what it owes to others)

Equity (the difference between assets and liabilities or what it owes to the owners)

These are the building blocks of the basic accounting equation. The accounting equation is:

ASSETS = LIABILITIES + EQUITY

For Example:

A sole proprietorship business owes $12,000 and you, the owner personally invested $100,000 of your own cash into the business. The assets owned by the business will then be calculated as:

$12,000 (what it owes) + $100,000 (what you invested) = $112,000 (what the company has in assets)

Occupational hygiene focuses specifically on three types of exposures. Explain any Two of these

Answers

Occupational hygiene focuses specifically on three types of exposures are:

chemical physical biological

What is Occupational hygiene?

Occupational hygiene can be described as the process that is been used in the work placer so that it can focus on the monitoring as well as preservation of the people of the workplace from any hazards.

chemical exposure can be described as one that focus on any hazards that can come from the use of toxic substance in the workplace. physical exposure can be described as the one tat focus on any hazards as a result of any physical injury in the workplace.

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2.2 List any TWO characteristics of public goods.​

Answers

Answer:

non-excludable and Non-rivalrous

Explain how mixed costs are related to both fixed and variable costs. A. Mixed costs have a fixed portion that is a cost per unit of cost driver activity. Mixed costs also have a variable portion that is usually a cost per time period. B. Mixed costs are the sum of the fixed and variable costs that are related to equipment costs. These mixed costs are a form of committed costs during the production phase. C. A mixed cost is the sum of fixed costs and the portion of variable costs that are related to salaries and wages. These mixed costs are discretionary costs that easily fluctuate and must therefore be kept separate during a production phase. D. A mixed cost has a fixed portion that is usually a cost per time period. A mixed cost also has a variable portion that is a cost per unit of cost driver activity.

Answers

Answer:

D. A mixed cost has a fixed portion that is usually a cost per time period. A mixed cost also has a variable portion that is a cost per unit of cost driver activity.

Explanation:

As we know that

The variable cost is the cost that can change when the level of production increase or decrease

The fixed cost is the cost that remains fixed whether the production level increased or not

ANd, the mixed cost includes some part of the variable cost and some part of the fixed cost

So as per the given options, the option D is correct as the mixed cost involved the fixed portion that could be cost per the time. And, it involved the variable portion i.e cost per unit with respect to the cost driver activity

The following financial statements and additional information are reported
IKIBAN INC
Comparative Balance Sheets
June 30, 2017 and 2016
2017 2016
Assets
Cash $ 73,100 $ 68,000
Accounts receivable, net 101,000 75,000
Inventory 87,800 122,500
Prepaid expenses 6,800 10,200
Total current assets 268,700 275,700
Equipment 148,000 139,000
Accum. depreciation-Equipment 39,000 21,000
Total assets $377,700 $393,700
Liabilities and Equity
Accounts payable $49,000 $66,000
Wages payable 8,400 19,800
Income taxes payable 5,800 8,600
Total current liabilities 63,200 94,400
Notes payable (long term) 54,000 84,000
Total liabilities 117,200 178,400
Equity
Common stock, $5 par value 268,000 184,000
Retained earnings 7,500 31,300
Total liabilities and equity $377,700 $393,700
A $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash. The only changes affecting retained earnings are net income and cash dividends paid. New equipment is acquired for $81,600 cash. Received cash for the sale of equipment that had cost $72,600, yielding a $4,400 gain. Prepaid Expenses and Wages Payable relate to Other Expenses on the income statement. All purchases and sales of inventory are on credit

Answers

Answer:

The closing  cash balance is $ 93,100.00  

The missing financial statements and partial cash flow are attached

Explanation:

The cash flow statement is the requirement of this question and hereby attached.

The following financial statements and additional information are reported IKIBAN INC Comparative Balance
The following financial statements and additional information are reported IKIBAN INC Comparative Balance
The following financial statements and additional information are reported IKIBAN INC Comparative Balance

plants are in threatened state and getting rare. Discuss in the class and prepare a list of causes of rareness of animals and plants. 5.3.1 Rare Animals​

Answers

A group of creatures that are extremely rare, scarce, or infrequently encountered is referred to as a rare species.

Even though extinctions happen naturally, the pace of plant and animal extinctions today is substantially higher than it was previously. The main factor contributing to greater extinction rates is habitat loss.

The introduction of harmful nonnative species, pollution, disease transmission, and habitat changes are some additional causes. Overexploitation of wildlife for commercial gain is another. Species that are in risk of going extinct include those plants and animals that have become so scarce.

Animals and plants that are threatened with extinction across all or a sizable portion of their range are those that are very likely to do so in the near future. The most species are in danger from overuse of natural resources, such as overfishing, overhunting, and deforestation of forests. The extension of land for agriculture, cattle, wood, and aquaculture is another significant industry in the world.

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Social media experts suggest that you use other means of communicating claims or complaints before turning to social media. Messages received through other channels are more likely to be addressed by the business, and social media presents a higher risk of your message getting into the wrong hands or becoming a legal issue. However, if you do use social media to convey a complaint or review, you should adhere to some basic guidelines. Which tips should you follow when posting a complaint or review online? Check all that apply.

a. Offset criticism with positives.
b. Do not include suggestions or negative comments in positive reviews.
c. Make your comment clean, polite, and to the point.
d. Ignore a business’s offer to discuss your post.
e. Refuse payment for positive comments.

Answers

The tips that one should follow when posting a review or complaint online are:

a. Offset criticism with positives.c. Make your comment clean, polite, and to the point.

What should you do with online reviews and complaints?

You are allowed to give criticisms but these would be better if they came with the positive things the company did as well.

You should also keep your comment free of profanity, polite, and straight to the point instead of lengthy so that your issue can be dealt with easily.

In conclusion, options A and C are correct.

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Steve met Diana at the local gym and they started talking about how Diana needed her
house painted. Steve told Diana that he would paint her whole house for $5,000 and
that he would keep the offer open for seven days. Later that night, Steve even sent
Diana an email detailing the terms of the offer. Two days later, Steve sent Diana an
email around 2:25 p.m., stating that the original offer was revoked. Around 1:55 p.m.
that same day, Diana wrote Steve a letter, stating that she accepted his offer for the
house painting. As soon as Diana was able, she went to Post Office and sent Steve the
letter by certified mail (time stamped by the Postal Service at 2:27 p.m.). That night
around 5:45 p.m., Diana was reviewing her emails and saw Steve's earlier email
informing her about the revocation of the offer. She immediately called him to tell him
that she had wrote him a letter of acceptance. Was the offer revoked by Steve and why
or why not?

Answers

Answer:

Was the offer revoked by Steve and why

or why not?

No

Explanation:

I am not the best with contracts so no guarnatee but there was a clear offer, acceptance, consideration, making this a contract. Unless in the terms of the contract it stated that there could be a cancellation at any time, Steve is obligated to follow through.

If you restate a quote in your own words but do not cite your source you can be rightfully accused of

Answers

Answer:

correct, you could be accused of plagerism

[Total = 25marks]
QUESTION 2
a. Azon and Son Ltd acquired use of plant over three years by way of a lease. Installments of
GhC700,000, are paid six monthly in arrears on 30 June and 31 December. Delivery of the plant
was on 1 January 2010 so the first payments of GhC700,00 was on 30 June 2010. The present
value of minimum lease payments is GhC3,000,000, Interest implicit in the above is 10% per six
months. The plant would normally be expected to last three. Azon and Son is required to insure
the plant and cannot return it to the lessor without severe penalties.
Required
i. Describe whether the above lease should be classified as an operating or finance
1

Answers

A significant portion of the asset's economic life—three years—is covered by the lease period. The minimum lease payment present value is GhC3,000,000, which is essentially the entire leased asset's fair market value.

The equivalent of monthly rent, a lease payment is formally stipulated in a contract between two parties and gives one party the right to use the other party's real estate holdings, manufacturing equipment, computers, software, or other fixed assets for a predetermined period of time.

A lease payment will be shown as a right-of-use asset and lease liability on the balance sheet. The ROU asset is the ownership of the asset under the lease contract, whereas the lease liability period is the payment obligation during the course of the lease contract.

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Need help, please.Quick answer is okay Tuberculosis (TB) is a disease caused by the bacterium Mycobacterium tuberculosis infecting the lungs. Multi-drug resistant TB is a growing health concern around the world. Explain how the process of multi-drug resistant tuberculosis could arise. Which of the following equations makes the most sense for the following situation: Jerry works twice as fast as Kenny. If Jerry works for 2 hours and is then joined by Kenny...and they work an additional 3 hours...how fast could they each do the job alone?a. 5/x + 3/2x =1b. x/3 + 2x/5 = 1c. 5/2x + 3/x = 1d. 5/x + 3/(x-2) = 1 Sodium, calcium and iron are examples of ________.A.ProteinB.FatsC.Minerals 6. What were the old lady's "sins"? Identify and explain a cause-and-effect relationship associated with the historical developments in documents 1 and 2. Be sure to use evidence from both documents 1 and 2 in your response. the construct validity of a study is concerned with: group of answer choices how well the variables chosen represent and capture the essence of a hypothetical construct. the degree to which a researcher has come to the correct conclusion about the relationship between the variables. the generalizability of the results of an experiment. how relevant the constructs of a study are to the general public. At the market, Joey buys 3 avocados for $0.40 Each and 5 lemons for $0.40 each. The cashier in training rings up 3x0.40 and then 5x0.40 to get the total. The experienced cashier says to add the 3 plus 5 in his head and then ring up 8x0.40. What property says that these two totals would be the same Look at the picture of a student analyzing a test question from a science test.Which answers best describe why the student would circle and underline other parts of the question, in addition to the performance verb?Select all that apply.1- The student circled how much the question is worth and underlined the details of how to achieve those points.2- The items underlined and circled will not be important for the student to efficiently and effectively answer the question.3-The student underlined how much the question was worth and circled details needed to achieve those points.4- The student circled parts that could be rewritten in the answer. You can order discount movie tickets from a website for $7 each. You must also pay a shipping fee of $4. You want to spend no more than $40 on movie tickets. Find the possible numbers of movie tickets that you can order. Read the excerpt from "Sinners in the Hands of an Angry God."The devil is waiting for them, hell is gaping for them, the flames gather and flash about them, and would fain lay hold on them, and swallow them up; the fire pent up in their own hearts is struggling to break out; and they have no interest in any Mediator, there are no means within reach that can be any security to them. In short, they have no refuge, nothing to take hold of.Which word has a similar connotation to the word swallow in this excerpt?devourtasteinvitebetray Malaysia being an Asian Tiger and invite the World to bring FDI and open their businesses here, which can also generates the employment opportunities for locals.a. Explain how Malaysia can play a significant role in Global Market and Production?b. You as an International Business Consultant, what three business sectors you suggest to international business community which bring profits and prosperity to both, the firm and the country. Etre: crivez la forme correcte.1. Paul_____intelligent2.Marie et moi, nous_____fatigues.3.Vous_____dynamiques.4.Paul et Luc______paresseux.5.Vronique et Jeanne_____trs actives.6.Je______tudiant.7.Tu______canadienne?8.Cline_______de Paris. a train breaks through the wall of a train station. during the collision, how does the force of the train on the wall compare to the force of the wall on the train a relative was admitted to the hospital and given doses of naltrexone for problems related to alcohol. how will this drug affect the man? What are the four phases of the Business cycle? 4. Find the unknown angle measure by solving for the given variable CAN SOMEBODY PLS TELL ME WHAT ARE YOUR NEEDS IN DAILY LIFE Two dice are rolled, one red and one green. How many outcomes have an even number on the red die? What is the difference between a labor union and a trade association?