Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 01, 2024

Suppose $50,000 cash from an inheritance falls into your lap. As an ambitious individual, you immediately decide to start a service business. What would you

Suppose $50,000 cash from an inheritance falls into your lap. As an ambitious individual, you immediately decide to start a service business. What would you name it and what would you sell (no merchandise, service only)?

Do you think you could start it with $50,000 grand?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Financial Accounting

Authors: Christine Jonick

1st Edition

1940771153, 9781940771151

More Books

Students also viewed these Accounting questions

Question

★★★★★

Calculating acquisition costs of long-lived assets. Outback Steakhouse opened a new restaurant on the site of an existing building. It paid the owner $260,000 for the land and building, of which it...

Answered: 1 week ago

Question

★★★★★

What evidence supports the statement that SFAS No. 131 is an improvement over SFAS No. 14?

Answered: 1 week ago

Question

★★★★★

d. In what sports does the person consult?

Answered: 1 week ago

Question

★★★★★

The Occupational Safety and Health Administration (OSHA) is part of the U.S. Department of Labor. OSHA issued a Directive under which each employer in selected industries was to be inspected unless...

Answered: 1 week ago

Question

★★★★★

Affordable Electronics Inc. manufactures medium-quality, reasonably priced wireless speakers for home use. The company uses standards to control its costs. The labour standards that have been set for...

Answered: 1 week ago

Question

★★★★★

Question 3 (25 marks) Chrysler Exporters Inc., a US wholesaler is engaged in foreign trade. The following transactions were recorded: 1. On December 1, 2020, Chrysler Exporters Inc., purchased...

Answered: 1 week ago

Question

★★★★★

Calculate the "Room Total" for the first transaction. Use an IF function to calculate a 10% discount for any stay greater than or equal to 7 nights. Copy and paste the function down the column to...

Answered: 1 week ago

Question

★★★★★

During the cherry blossom time in Houston, the sales for 'The Black House' tends to increase. Due to pandemic, the gift shop management decide to keep the shop open during weekends (Friday, Saturday,...

Answered: 1 week ago

Question

★★★★★

A motorist needs to visit a total of 6 cities over the course of the next few days and wants to minimize the total distance driven to visit all 6 cities. The distances between each pair of cities is...

Answered: 1 week ago

Question

★★★★★

The velocity of the bullet with mass mk has an angle with respect to the horizontal. The speed of the bullet is Vk when it hits a block with mass m. The bullet remains caught in the block. As a...

Answered: 1 week ago

Question

★★★★★

5. Neil Special Pottery, LLC has decided to use a regular output of 800 units per month for this year. They can use overtime up to 80 units per month and use subcontracting for the remaining units to...

Answered: 1 week ago

Question

★★★★★

3.13 A corporation has just received new machinery that must be installed and checked before it becomes operational. The accompanying table shows a managers probability assessment for the number of...

Answered: 1 week ago

Question

★★★★★

3.12 In a city of 180,000 people there are 20,000 legal immigrants from Latin America. What is the probability that a random sample of two people from the city will contain two legal immigrants from...

Answered: 1 week ago

Question

★★★★★

3.9 The sample space contains 6 As and 4 Bs. What is the probability that a randomly selected set of 3 will include 1 A and 2 Bs?

Answered: 1 week ago

Previous Question Next Question