The major three benefits that entrepreneurs like Daniel and his partner who create business plans are increased clarity in decision making, providing structure, and support for funds.
What do you mean by entrepreneurs?An entrepreneur refers to a person who set up his own business by taking out financial risks in the hope of profits.
A business plan can help in bringing out clarity to the decision-making process. It also helps in finding out how to get funds for the business and provides structure and defines business management objectives.
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Consider the following scenario analysis:
Rate of Return
Scenario Probability Stocks Bonds
Recession 0.30 −6 % 15 %
Normal economy 0.60 18 % 8 %
Boom 0.10 26 % 5 %
a. Is it reasonable to assume that Treasury bonds will provide higher returns in recessions than in booms?
multiple choice
No
Yes
b. Calculate the expected rate of return and standard deviation for each investment. (Do not round intermediate calculations. Enter your answers as a percent rounded to 1 decimal place.)
c. Which investment would you prefer?
Based on the scenario analysis on stocks and bonds, we know the following:
Treasury bonds will provide a higher return in a recession than in a boom. The expected return of Bonds is 9.8% and that of stocks is 11.6%. The standard deviation of Bonds is 9.24% and that of stock is 11.76%.What does the scenario analysis on Bonds and Stocks show?In a recession, Bond returns will be 15%. This is much higher than Bond returns in a boom of only 5%.
The expected return on bonds will be:
= ∑(Probability of Scenario x Returns in scenario)
= (0.30 x 15%) + (0.60 x 8%) + (0.10 x 5%)
= 9.8%
The expected return on stocks will be:
= (0.30 x -6%) + (0.60 x 18%) + (0.10 x 26%)
= 11.6%
Using a spreadsheet, you can input the expected returns of the stocks and the bonds to find the standard deviation to be 9.24% and 11.76%, respectively.
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Pretty lady cosmetic products has an average production process time of 40 days. Finished goods are kept on hand for an average of 15 days before they are sold. Accounts receivable are outstanding an average of 35 days, and the firm receives 40 days of credit on its purchases from suppliers. Assume sales of $1,200,000 and cost of goods sold of $900,000. Determine the average investment in accounts receivable, inventories, and accounts payable. What would be the net financing need considering only these three accounts
Based on the sales, cost of goods, and days on average, the average investment of Pretty Lady Cosmetics is:
Average Receivables - $115,068.50.Average Inventories - $36,986.30.Average payables - $96,630.14.Net financing needs - $53,424.66.What are the average investments for Pretty Lady Cosmetic Products?The Average Receivables are:
40 days = Average AR ÷ (1,200,000/365)
= $115,068.50
The Average Inventories:
15 days = Average inventory ÷ COGS per day
15 = Average inventory ÷ (900,000 / 365)
= $36,986.30
The Average payables:
40 days = Average payables ÷ COGS per day
40 = Average payables ÷ (900,000 / 365)
Average payables = $98,630.14
Net financing needs:
= Average Inventories + Average Receivables - Average payables
= 115,068.50 + 36,986.30 - 98,630.14
= $53,424.66
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Previously, an organization reported that teenagers spent 4.5 hours per week, on average, on the phone. The organization thinks that, currently, the mean is higher. Fifteen randomly chosen teenagers were asked how many hours per week they spend on the phone. The sample mean was 4.75 hours with a sample standard deviation of 2.0. Conduct a hypothesis test.
The statement is true about that the average time spend by the teenagers spent 4.5 hours per week as it is concluded from the hypothesis test.
What is hypothesis test?Hypothesis test is the test evaluation of the assumption test like in the survey parameters, hypothesis test is different in every case it depends upon the data and the reason of the analysis, it is tested by using the sample data.
Thus, the statement is true.
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Explain how scarcity relates to the decision you made as the president of the United States.
Because scarcity increases negative emotions, it ends up affecting one's decisions. Socioeconomic scarcity can be caused by depression or anxiety. A president would be making decisions based on the negativity. But in the U.S.A the government deals with scarcity by implementing quotas on how much people can buy.
Hope this helps,
ROR
Which statement about free on-line translation is true?
A: You are allowed to use free on-line transition software at your discretion
B: You are only allowed to use free on-line translation software if it is for a short, simple project
C: Bon Secours Mercy Health's policy is to never use free on-line translation software
The statement about free on-line translation that is true is that C. Bon Secours Mercy Health's policy is to never use free on-line translation software.
What is translation?It should be noted that translation simply means changing the form of a language to another form.
In this case, the statement about free on-line translation that is true is that Bon Secours Mercy Health's policy is to never use free on-line translation software.
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list jobs that hire 14 years olds in harrisburg pa
Answer:
Macdonald'sExplanation:
Macdonald's hires 14-15 year old's after school and on weekends
When the sale of traditional soft drinks declined, many manufacturers realized the demand for sugar-free and sports drinks went up. They responded by creating entirely new categories of healthier drinks to appeal to the marketplace. The soft drink industry then had to create ________ for this new product category.
Question 20 options:
A)
primary demand
B)
par value
C)
secondary demand
D)
utilitarian worth
E)
market value
The soft drink industry then had to create market value for this new product category. Read below about the concept of market value.
What is a Market Value?Market value is the amount for which something can be sold on a given market. Market value is also used as interchangeably with open market value, fair value or fair market , although these terms have distinct definitions in different standards, and differ in some circumstances.
Therefore, the correct answer is market value.
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Creative and innovative
A creative innovation is bringing about something unique and different.
What is creativity?Creativity is the ability to imagine something unique or new that have not been in existence.
It could also be a modification to what have been existing before.
Therefore, A creative innovation is bringing about something unique and different.
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You are offered Birr 1,000 today, Birr 10,000 in 12 years, or Birr 25,000 in 25 years. Assuming that you can earn 11 percent on your money, which offer should you choose?
Based on the amounts that you are offered and their present values, the offer you should pick is Birr 10,000 in 12 years.
Which offer should you pick?You should pick the offer with the highest present value.
Offer 1 present value:
= Birr 1,000
Offer 2 present value:
= 10,000 / (1 + 11%)²
= Birr 2,858
Offer 3 present value:
= 25,000 / (1 + 11%)³
= Birr 1,840
In conclusion, option 2 has the highest present value and so should be picked.
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Which form of business ownership is an ideal way to test new business ideas?
Sole proprietorship is a business ownership that ideal way to test new business ideas
What are new business idea?This are ideas that have not been existing before, which an individual uses to improve on his or her business.
It could be a collective idea or an individual idea.
Therefore,
Sole proprietorship is a business ownership that ideal way to test new business ideas
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An example of a quantity restriction is
A.
price supports in agriculture.
B.
an import quota.
C.
the minimum wage.
D.
rent controls.
An example of a quantity restriction is an import quota. (Option B). See explanation for same below.
What is import quota?Import quotat is a kind of restriction that is used to control the maount of goods that is allowed into a country.
Sometimes it is used to restrict the quality of goods whose consumption the government wants to discourage.
Hence, it is correct to state that an example of a quantity restriction is an import quota. (Option B).
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Recommend ways in which TQM can reduce the cost of quality
Answer:
You can reduce the cost of quality through prevention efforts, improving worker training, and using quality management software that streamlines your quality workflow.
Please mark me as brainliest if this helped!
Free Internet?
Everyone should have free Internet access to education, news, jobs, and more.
The graph plots education and news on the x-axis and other goods and services on the y-axis.
Draw the economy's PPF before the Internet and label it PPF0.
Draw the PPF after the arrival of the Internet if the effect on education and news is greater than on other goods and services. Label it PPF1.
Answer:
graph below
PPF shifted rightward, but shift on education and News is higher because effects of Internet is higher in Education and News
Explanation:
With the Internet, more education and news and more other goods and services can be produced. The production of other goods and services increases by less than the increase in education and news when all resources are used. The PPF shifts outward.
Problem solving is defined as
Answer:
Problem solving is the act of defining a problem; determining the cause of the problem; identifying, prioritizing, and selecting alternatives for a solution; and implementing a solution
Question 7 of 10
The Better Business Bureau maintains business profiles weighing:
A. the number of legal actions against the number of positive online
reviews a company receives.
OB. the number of stars and reviews a company receives online.
C. the number of unresolved complaints and legal actions against a
company.
OD. the number of employees and employee compensation in a
company
The Better Business Bureau maintains business profiles weighing by B. the number of stars and reviews a company receives online.
What is Better Business Bureau?It should be noted that the Better Business Bureau builds a foundation of trust for the employee and the consumers to count on.
Here, the Better Business Bureau maintains business profiles weighing by reviewing the number of stars and reviews a company receives online.
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If Depressants such as alcohol, ___________and sedatives affect the central nervous system by slowing down or depressing reflexes and coordination.you are experiencing any drug __________, don't drive.
Answer:
The answers are in the image for the first one
Explanation:
hope this helps!
Find the sales tax. Total selling price: $2,520. Florida sales tax rate: 6 percent. Gainesville sales tax rate: 1 percent. Find the state tax city and city tax.
The state tax city and city tax based on the information will be $151.20 and $25.20 respectively.
How to calculate the tax?The sales tax based on the information given will be:
= 6% × $2520
= 0.06 × $2520
= $151.20
The city tax will be:
= 1% × $2520
= $25.20
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Dynamic Industries paid a dividend of $1.65 on its common stock yesterday. The dividends of Wallace Industries are expected to grow at 9% per year indefinitely. If the risk-free rate is 3% and investors' risk premium on this stock is 8%, estimate the value of Wallace Industries stock 2 years from now.
For dynamic Industries paid a dividend of $1.65 on its common stock yesterday, the value of Wallace Industries stock 2 years from now is mathematically given as
SV= 106.84
What is the value of stock in 2 years?Generally, the equation for the rate of return is mathematically given as
Ke = Rf + risk premium
Therefore
Ke= 3% + 8%
Ke=11%
Hence
D3=Do*(1+g)^3
D3=1.65 x (1+0.09)^3
Do= 2.137
In conclusion, the value of stock in 2 years is
SV= D3/ (Ke-g)
Therefore
SV= 2.137/(0.11-0.09
SV= 106.84
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When creating a stacked chart to portray the breakdown of the income statement, the following item is not included
The Net income is the item that will not be included when creating a stacked chart to portray the breakdown of the income statement.
What is a stacked chart?This refers to a column chart where multiple series of the data representation are stacked over each other.
Because the Net income is an item that is derived at the conclusion of an income statement, its will not be included when creating a stacked chart to portray the breakdown of the income statement.
Missing options "Revenue COGS Salaries 15 Marketing Rent Pr Tax View Marked Questions Net Income"
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What trigonometric expression can be used to find the value of x? Replace a and b with the correct values.
A triangle with base side labeled 12 and vertical leg labeled x. Angle at top vertex is labeled 25 degrees. Angle at right vertex is marked right angle
The trigonometric expression that can be used to find the value of x is tan(x) = 12/x
How to determine the trigonometric expression?From the question, we have the following parameters:
Vertical Leg = xBase length = 12Angle at the vertical side = 25 degreesThe measure of x is then calculated using the following tangent ratio
tan(x) = Base length/Vertical leg
Substitute known values
tan(x) = 12/x
Hence, the trigonometric expression that can be used to find the value of x is tan(x) = 12/x
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When working with a leader who is lack of leader integrity, the follower is less likely _______.
look for other job opportunities
volunteer to extra work assignments
displace aggression toward coworkers
receive mistreatments
When working with a leader who is lack of leader integrity, the follower is less likely to B. volunteer to extra work assignments.
Who is a leader?It should be noted that a leader simply means an individual who guides others and oversees their activities to achieve a particular goal.
In this case, when working with a leader who is lack of leader integrity, the follower is less likely to volunteer to extra work assignments
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After Luke tries to understand Wang-Li’s family situation, Wang-Li shares concerns about his ability to complete his work responsibilities. Then, Luke asks questions and listens carefully to further understand Wang-Li’s worries about the work. Luke learns that Wang-Li is especially worried because his family has invested so much into his career success. Which element of EQ is most displayed in this case?
Answer:
Empathy
Explanation:
There are two definitions I would use to describe empathy as:
1. The psychological identification with or vicarious experiencing of the feelings, thoughts, or attitudes of one another
2. The imaginative ascribing to an object, as an natural object or work of art, feelings or attitudes present in oneself
Luke was being empathetic when he tried to understand Wang-li's family situation with his work. To explain better, empathy can be shown by listening and understanding.
Why does an excise tax on gasoline exist?
explain two strategy that can be used to mitigate against this economic challenge
Answer:
solo 1 :(
Explanation:Esto depende de las circunstancias de cada país, pero incluyen aplazar el pago de impuestos, otorgar subsidios salariales y transferencias monetarias a los grupos más vulnerables; ampliar el seguro de desempleo y la asistencia social, y ajustar temporalmente las garantías de crédito y las condiciones de los préstamos
Calculating changes in price level
Based on the given costs at the end of each year, the price index for all given years are:
2006 = 100.2007 = 120.2008 = 132.What are the price indexes?This can be found by the formula:
= Total cost in current year / Total cost in base year x 100
2006 is the base year.
Price index in 2006:
= 1,575 / 1,575 x 100
= 100
Price index in 2007:
= 1,890 / 1,575 x 100
= 120
Price index in 2008:
= 2,079 / 1,575 x 100
= 132
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what is local business
1. You are offered Birr 1,000 today, Birr 10,000 in 12 years, or Birr 25,000 in 25 years. Assuming that you can earn 11 percent on your money, which offer should you choose?
Based on the options given of different cashflows, the offer you should accept is Birr 10,000 in 12 year.
Which offer should you accept?Find the present values of each offer:
Offer 1:
= Birr 1,000
Offer 2:
= 10,000 / 1.11¹²
= Birr 2,858.41
Offer 3:
= 25,000 / 1.11²⁵
= Birr 1,840.20
The offer with the highest present value is the second offer of Birr 10,000 in 12 years.
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Tom and Amanda Jackson
Answer:ikr
Explanation:
Answer:
Question: In 2021, Tom And Amanda Jackson (Married Filing Jointly) Have $200,000 Of Taxable Income Before Considering The Following Events: (Use The Dividends And Capital Gains Tax Rates And Tax Rate Schedules.) On May 12, 2021, They Sold A Painting (Art) For $110,000 That Was Inherited From Grandma On July 23, 2019. The Fair Market Value On The Date Of Grandma’s
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In 2021, Tom and Amanda Jackson (married filing jointly) have $200,000 of taxable income before considering the following events: (Use the dividends and capital gains tax rates and tax rate schedules.)
On May 12, 2021, they sold a painting (art) for $110,000 that was inherited from Grandma on July 23, 2019. The fair market value on the date of Grandma’s death was $90,000 and Grandma’s adjusted basis of the painting was $25,000.
They applied a long-term capital loss carryover from 2020 of $10,000.
They recognized a $12,000 loss on the 11/1/2021 sale of bonds (acquired on 5/12/2011).
They recognized a $4,000 gain on the 12/12/2021 sale of IBM stock (acquired on 2/5/2021).
They recognized a $17,000 gain on the 10/17/2021 sale of rental property (the only §1231 transaction), of which $8,000 is reportable as gain subject to the 25 percent maximum rate and the remaining $9,000 is subject to the 0/15/20 percent maximum rates (the property was acquired on 8/2/2015).
They recognized a $12,000 loss on the 12/20/2021 sale of bonds (acquired on 1/18/2021).
They recognized a $7,000 gain on the 6/27/2021 sale of BH stock (acquired on 7/30/2012).
They recognized an $11,000 loss on the 6/13/2021 sale of QuikCo stock (acquired on 3/20/2014).
They received $500 of qualified dividends on 7/15/2021.
The supply and demand curve is a tool used by entrepreneurs.
True or false
Answer:
TRUE
Explanation:
Assume that the traffic to the web site of Smiley’s People, Inc., which sells customized T-shirts, follows a normal distribution, with a mean of 4.54 million visitors per day and a standard deviation of 900,000 visitors per day.
(a) What is the probability that the web site has fewer than 5 million visitors in a single day? If needed, round your answer to four decimal digits.
The probability of the website of Smiley People Inc. having fewer than 5 million visitors will be 0.7054.
What is probability?The chances of occurrence in a given condition, where the number of observations and the conditions are predetermined, is known as the probability.
Hence, the significance of probability of Smiley Peoples Inc. is as computed above.
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