To calculate the Net Present Value (NPV) of the project, we need to determine the cash flows for each year and discount them to their present values. Net Present Value (NPV) of the project is approximately $45,833.02
The initial investment consists of the fixed assets and the net working capital. Therefore, the initial cash outflow is $140,000 + $19,000 = $159,000. The annual cash flows are calculated as the difference between sales and operating costs, before tax. Therefore, the annual cash flow is $165,000 - $99,000 = $66,000.
Using the straight-line depreciation method, the annual depreciation expense is $140,000 / 5 = $28,000. The taxable income is calculated as the difference between the annual cash flow and the depreciation expense. Therefore, the taxable income is $66,000 - $28,000 = $38,000.
The annual tax is 21% of the taxable income, which is $38,000 * 0.21 = $7,980.The after-tax cash flow is the annual cash flow minus the tax. Therefore, the after-tax cash flow is $66,000 - $7,980 = $58,020.
To calculate the NPV, we discount each year's cash flow to its present value using the discount rate of 13%. The NPV formula is: NPV = Cash Flow / (1 + Discount Rate) Year
Calculating the NPV for each year: Year 1: NPV = $58,020 / (1 + 0.13)1 = $51,381.42 Year 2: NPV = $58,020 / (1 + 0.13) 2 = $45,482.30 Year 3: NPV = $58,020 / (1 + 0.13)3 = $40,310.85 Year 4: NPV = $58,020 / (1 + 0.13)4 = $35,793.16 Year 5: NPV = $58,020 / (1 + 0.13)5 = $31,866.29
Finally, we sum up all the present values and subtract the initial investment to calculate the NPV: NPV = $51,381.42 + $45,482.30 + $40,310.85 + $35,793.16 + $31,866.29 - $159,000 = $45,833.02.
Therefore, the Net Present Value (NPV) of the project is approximately $45,833.02.
Know more about Net Present Value, refer here
https://brainly.com/question/31984281
#SPJ11
g Suppose the own price elasticity of demand for good X is -3, its income elasticity is 2, and the cross price elasticity of demand between good X and Y is -5. Determine how much the consumption of this good will change if: 1. The price of good X increases by 5% 2. The price of good Y increases by 12%
Answer:
Sry, I can't understand anything at all!
How often do loans involve risk
A: Never
B: Always
C: Sometimes
D: Frequently
Loans are known to involve risk all of the time that money is to be lend out. Option B
What is a loan?This is the term that is used to refer to the amount of money that is given to a person that is to act as a lender with the hope that the money is to be returned in a later date which is agreed by the parties that are involved and that the person may have to pay an interest rate on the amount that hey have been lent.
The loans that a person receives is one that is knwon to come with a risk. This is the reason why the loans are sometimes given after the borrower has agreed to a collateral that would suit the person that is lending.
The goal is that the person would receive the collateral that they have used to obtain the loan after they have paid off the loan back to the person that they borrowed it from.
Hence from the explanation that we have here, we can agree that the loan is known to always come with its risks.
Read more on loans here:
https://brainly.com/question/26913200
#SPJ1
Which one of the following terms is defined as dividends paid expressed as a percentage of net income?
A. dividend retention ratio
B. dividend yield
C. dividend payout ratio
D. dividend portion
E. dividend section
The term defined as dividends paid expressed as a percentage of net income is C. dividend payout ratio.
Dividend payout ratio is the proportion of a company's earnings that are paid out to shareholders as dividends. It is calculated by dividing the total dividends paid by the company by its net income for the same period. The result is expressed as a percentage, which indicates the portion of earnings that the company has chosen to distribute to shareholders as dividends. The dividend payout ratio indicates the portion of earnings that a company has chosen to distribute to its shareholders as dividends instead of retaining them for reinvestment in the business. A higher dividend payout ratio indicates that the company is distributing a larger portion of its earnings to shareholders as dividends, whereas a lower ratio indicates that the company is retaining more earnings for reinvestment in the business. Investors and analysts use the dividend payout ratio as one of the measures to evaluate a company's financial health and stability. A consistently high dividend payout ratio may indicate that the company has a stable and predictable cash flow and earnings, which can be attractive to income-seeking investors. On the other hand, a low or decreasing dividend payout ratio may signal that the company is retaining earnings to fund future growth or that it is experiencing financial difficulties. It is important to note that a high dividend payout ratio may not always be sustainable in the long run, as it could limit the company's ability to invest in future growth opportunities or to weather unexpected financial challenges. Therefore, it is important to consider other financial metrics and indicators in addition to the dividend payout ratio when evaluating a company's financial health and stability.
To know more about dividends:
https://brainly.com/question/16014276
#SPJ4
list four factors that make up gdp? describe how economics use this information ti determine the gdp for a specific year
Four factors that makeup GDP are Consumption (C)Investment (I)Government Spending (G)Net Exports (NX)Economics use this information to determine the GDP for a specific year because GDP represents the total value of all goods and services produced in a given economy over a certain period.
By analyzing the factors that makeup GDP, economists can identify the main drivers of economic growth and determine the health of the economy. According to economists, the value of goods and services that are produced within the borders of a country, over a specific period of time, is called GDP. GDP measures the economic well-being of a nation, which includes all goods and services produced by the nation. It is widely used to track and compare economic growth in different countries. It is calculated using four components:Consumption: This represents the number of goods and services that are bought by households in an economy. Investment: This represents the amount of money that firms spend on capital goods such as machinery, equipment, buildings, and inventories.Government spending: This represents the amount of money that the government spends on goods and services.Net Exports: This represents the difference between the value of a country's exports and its imports.
Learn more about Economics here:
https://brainly.com/question/28208676
#SPJ11
Collusion occurs when companies agree to drop prices and increase production.
True
or
False
The force that contributed to the formation of planets, determines the motion of bodies in the solar system, and pulls objects to the center of Earth is called
gravitation pull
.
Newton’s first law of motion states that an object at rest will stay at rest unless a force acts on it. It also states that an object in motion will stay in motion unless a force acts on the object. Newton’s first law of motion is also known as the law of
motion
.
The force that contributed to the formation of planets determines the motion of bodies in the solar system, and pulls objects to the center of Earth is called gravitational force.
What is a Gravitational force?Any two objects in the cosmos are drawn together by gravitational attraction, regardless of whether their masses are equal or not. Also, according to Newton's Universal Law of Gravitation, everything in the universe, including you, pulls everything else. The gravitational force is measured in Newtons, abbreviated as N.
With its extensive range and all-pervasive influence, gravitational force governs the trajectories of objects in the solar system and throughout the universe as well as the structures and evolution of stars, galaxies, and the entire cosmos. All objects on Earth experience weight, or a gravitational pull that is proportionate to their mass and is imposed by the planet's mass.
To know more about gravitational force, check out:
https://brainly.com/question/13010127
#SPJ1
Q)The force that contributed to the formation of planets, determines the motion of bodies in the solar system, and pulls objects to the center of Earth is called?
Economic sanctions are more restrictive than trade sanctions
True or False
the person who gets a real estate loan by signing a note and mortgage is the:
The person who gets a real estate loan by signing a note and mortgage is the borrower.
The borrower is typically an individual or entity who is seeking financing to purchase or refinance a piece of property. The note is a legal document that outlines the terms of the loan, including the principal amount, interest rate, repayment schedule, and any other conditions or provisions. The mortgage, on the other hand, is a security instrument that pledges the property as collateral for the loan. By signing both the note and mortgage, the borrower agrees to repay the loan according to the terms set forth in the note and allows the lender to foreclose on the property if the borrower fails to make the payments as agreed.
Learn more about collateral: https://brainly.com/question/28270449
#SPJ11
How did installment plans most impact the economy during the great depression 1920s?
Installment plans were a major factor in the growth of the U.S. economy during the 1920s, as they allowed consumers to purchase goods such as automobiles, household appliances, and furniture on credit. However, when the Great Depression hit in the late 1920s, installment plans had a significant negative impact on the economy.
One of the main issues with installment plans was that they encouraged consumers to take on debt that they could not afford to repay, which contributed to the rise of consumer debt levels during the 1920s. When the stock market crashed in 1929 and the economy began to contract, many consumers were left with high levels of debt and no means to pay it off, leading to widespread defaults and bankruptcies.
The widespread default on installment loans and other forms of consumer debt contributed to the contraction of the credit markets and the decline of consumer spending, which in turn worsened the economic downturn. The collapse of consumer confidence also led to a decrease in demand for goods and services, causing further economic contraction.
Overall, while installment plans helped to drive economic growth during the 1920s, they also contributed to the overextension of consumer credit and the subsequent collapse of the economy during the Great Depression. The lessons learned from this experience led to increased regulation of consumer credit in the United States, and a greater emphasis on responsible lending practices.
For more such questions on U.S. Economy: brainly.com/question/13522416
#SPJ4
Jennifer Rodriguez plans to attend graduate school in 5 years. She thinks that she will need a total of $32,000 to pay for school, and she wants to save money each month to reach her goal. What type of computation should she use?
Answer:
"Future value of an annuity" is the appropriate solution.
Explanation:
The future amount of an annuity seems to be the interest or price of a collection of additional payments throughout the aggregate beyond a certain point of time, considering a better rate of interest, or dividend yield. The higher the demand, the greater the potential quality of the investment account.To calculate the number of montly payments required to pay off a loan or meet an investment goal, use the _______ function.
Use the pv function to determine how many monthly payments will be necessary to pay off a debt or achieve an investing goal.
The yearly rate is divided by the number of periods in a year to achieve this. For instance, if your PV formula payment is paid monthly, you'll need to divide your annual interest rate by 12 to convert it to a monthly payment.
A financial function called PV determines the present value of a loan or investment using a fixed interest rate. With periodic, stable payments (like a mortgage or other loan) or a future value that is your investing objective, PV can be used.
Pv, commonly known as the principle, is the present value, or the entire amount that a series of future payments is worth today.
Read more about montly payments at
https://brainly.com/question/19035539
#SPJ4
________ research studies the same groups of participants over time, collecting data at two or more different time periods.
Longitudinal research studies the same groups of participants over time, collecting data at two or more different time periods.
This type of research design allows researchers to examine changes and developments within the same group over an extended period. By collecting data at multiple time points, researchers can observe trends, track progress, and identify patterns of stability or change. Longitudinal studies are particularly useful for investigating developmental processes, understanding the effects of interventions or treatments over time, and examining the long-term impact of various factors on individuals or groups.
Learn more about Longitudinal research here: brainly.com/question/30669965
#SPJ11
s a supervisor, you find yourself in a situation where you have good relationships with employees, the task is structured, and you have and can exercise strong position power. your leadership behavior and style should be: a. very controlling with extremely close supervision b. task-oriented c. autocratic d. employee-centered
Task-oriented leadership is the best style for a supervisor with good relationships with employees, structured tasks, and strong position power. Option b is the correct answer.
As a supervisor, if you find yourself in a situation where you have good relationships with employees, the task is structured, and you have and can exercise strong position power, your leadership behavior and style should be task-oriented. Task-oriented leadership style refers to the type of leadership style that involves concentrating on the task at hand rather than on interpersonal relationships. This leadership style is most suitable when tasks are structured, and team members are well-trained, qualified, and self-sufficient. Task-oriented leaders often focus on the work process, setting goals, and monitoring progress. They have a well-defined role in the organization and are comfortable delegating tasks and responsibilities to their subordinates. They are effective at identifying the resources required for the task and coordinating them efficiently.
Task-oriented leaders provide clear instructions, standards of performance, and the expected outcomes of the task. They ensure that team members have the necessary resources to perform the task and monitor progress to ensure that the task is completed on time and within budget limits. In conclusion, task-oriented leadership is the best style for a supervisor with good relationships with employees, structured tasks, and strong position power.
know more about Task-oriented leadership
https://brainly.com/question/32173692
#SPJ11
a plan which allows stockholders to purchase stock directly from a corporation without having to use a brokerage firm is called:
A Direct Stock Purchase Plan allows stockholders to purchase stock directly from a corporation without having to use a brokerage firm. Here's a step-by-step explanation:
1. The corporation offers a Direct Stock Purchase Plan to potential investors.
2. Interested stockholders register for the plan, typically through the company's website or a designated transfer agent.
3. The stockholder provides the required personal information and chooses the investment amount, either as a one-time purchase or through a recurring investment schedule.
4. The stockholder makes the payment for the stocks, usually via electronic funds transfer, check, or money order.
5. The corporation issues the purchased shares directly to the stockholder, who becomes a registered shareholder in the company.
6. The stockholder can manage their investment online or by contacting the transfer agent, including making additional purchases, selling shares, or enrolling in a dividend reinvestment plan.
In summary, a Direct Stock Purchase Plan enables stockholders to bypass brokerage firms and invest directly in a corporation, offering a cost-effective and straightforward way to own shares.
Learn more about Stock Purchase here:
https://brainly.com/question/13226910
#SPJ11
What is the most important supply chain flow? Without it, supply chains cannot flow seamlessly. Which one is it?
The most important supply chain flow is the flow of information. Without a clear, consistent flow of information between the different parts of the supply chain, it is impossible for the chain to function seamlessly.
The supply chain flow refers to the movement of goods, materials, and information from suppliers to customers. Information flow is a critical component of the supply chain as it provides the visibility and transparency needed to make informed decisions and maintain efficient operations. Inaccurate or incomplete information can lead to delays, disruptions, and added costs in the supply chain.
With a clear and consistent flow of information, businesses can respond quickly to changing market demands and address any issues that arise in the supply chain. Effective communication and collaboration between all parties involved in the supply chain can help to improve efficiency, reduce costs, and enhance customer satisfaction.
Learn more about supply chain brainly.com/question/25160870
#SPJ11
How is a cryptocurrency exchange different from a cryptocurrency wallet?
progressive taxes operate on the assumption that those with _____ can afford to contribute a higher percentage of their income in taxes.
Progressive taxes operate on the assumption that those with higher income can afford to contribute a higher percentage of their income in taxes.
Taxation can be defined as the involuntary or compulsory fees that are usually levied on individuals or business entities by the government, so as to generate revenues used in funding public institutions and activities.
Generally, there are three (3) types of taxation used by the government and these are;
1. Regressive taxation
2. Proportional taxation.
3. Progressive taxation.
A progressive taxes involves charging or levying individuals that are having higher incomes a higher percentage of their total income in taxes.
For example, Citizen John pays 30% on $60,000 and Citizen Ann pays 14% on $26.000.Read more: https://brainly.com/question/16477816
The principle of progressive taxes is based on the assumption that those with higher incomes can afford to contribute a higher percentage of their incomes in taxes.
The principles for a progressive tax system are:
tax paid is based on the taxpayer's abilitya lower tax rate is imposed on low-income earnersit is not regressive and does not use a flat ratecreates tax brackets, grouping taxpayers by income ranges.Thus, the progressive tax system operates with the assumption that the higher the income, the higher the tax paid.
Learn more: https://brainly.com/question/23494200
Acquiring new customers is inexpensive.
True
False
False.
One of the core challenges for a small business is customer acquisition. You need new customers to stay in business and keep growing, but it can take resources and be expensive. In just the last five years, the cost to acquire customers has gone up 50%.
If possible please give brainliest! :DWhat is the nature of business
Chloe, a textile designer, creates a flat fabric with a pattern that resembles the skin of a crocodile. Which design element is Chloe experimenting with?
A. undertone
B. shape
C. saturation
D. texture
Chloe, a textile designer, creates a flat fabric with a pattern that resembles the skin of a crocodile. Chloe is experimenting with texture.
Fabric is an umbrella term that includes numerous fiber-based materials, inclusive of fibers, yarns, filaments, threads, specific cloth types, and so forth. At first, the word "textiles" simplest cited woven fabric. However, weaving isn't always the only production method, many different methods were later developed to shape textile systems based on their meant use. Knitting and non-woven are different famous types of cloth manufacturing. Inside the cutting-edge world, textiles fulfill the fabric needs for flexible applications, from easy daily garb to bulletproof jackets, spacesuits, and medical doctor's gowns.
Learn more about fabric here
https://brainly.com/question/20727243
#SPJ1
During which process in the water cycle does water release thermal energy ?
During the process of evaporation in the water cycle, water releases thermal energy.
Evaporation occurs when the sun's heat causes the surface of water bodies, such as oceans, lakes, and rivers, to turn into water vapor. This process requires the absorption of heat, which causes the water molecules to gain enough energy to break their bonds and move into the air as a gas.
This release of heat energy, or thermal energy, from the water molecules is what causes evaporation to occur. As the water vapor in the air rises and cools, it eventually condenses to form clouds, and the thermal energy is once again absorbed.
To learn more about Thermal energy,
https://brainly.com/question/13258302
https://brainly.com/question/24252453
Steps in achieving success in strategic decision. (Subject: Enterprise Systems and Architecture).
The steps in achieving success in strategic decisions are to: Assess the Situation, Determine the Objective, Strategize, Develop and Monitor Plans and Adjust accordingly.
Assess the Current Situation: The first step is to understand the current situation. Understanding the present situation assists you in identifying the areas where changes are necessary. A successful strategic decision is based on a comprehensive understanding of the current situation.Determine the Objective: Define your goal to make a strategic decision. Identify what you want to accomplish. Having a clear objective enables you to develop a strategic plan.Define Strategies: Establish strategies for achieving your objectives. These strategies should be specific and should align with your objectives. Develop an Action Plan: Develop an action plan that outlines the steps necessary to implement the strategies. This plan should also include who will be responsible for each action.Monitor Progress: Check to see if the strategies and action plan are working as intended. Tracking progress will allow you to identify issues and adapt your strategy as needed.Adjust the Strategy: If the current strategy is not working, change it. Developing a successful strategic decision necessitates flexibility and the ability to adapt to changing situations.The above steps will ensure success in strategic decision-making.
To know more about successful strategic decision
https://brainly.com/question/17924318
#SPJ11
On a loan of $32,000 at 7% interest for 6 months, how much do you wind up paying to pay off the loan?.
The amount to be paid at the end of the loan period will be $33,120. The rate of interest on the loan is given as per annum and hence the interest is to be calculated for 6 months.
Calculation of settlement amount of loan:Given:
\(\rm Principal &= \$32,000\\\\Rate &= 7\%\:per\:annum\\\\Tenure = 6\:months\)
Interest is calculated from the following formula:
\(\rm Interest = Principal\times Rate \times Tenure\)
Hence the interest for the loan will be:
\(\begin{aligned}\rm Interest &= \$32,000\times 7\% \times 6\: months\\\\&= 32,000 \times \dfrac{7}{100}\times \dfrac{6}{12}\\\\&= \$1,120\end\)
The final payment for the loan will be the combination of principal and interest.
Therefore final payment = $32,000 +$1,120
= $33,120
Learn more about the topic here:
https://brainly.com/question/2284847
Indicate how each of the following transactions affects US exports, imports, and net exports.
Transaction
Effect On...
U.S. Exports U.S. Imports U.S. Net Exports
A British scholar spends a year at Harvard University as a visiting scholar.
Your parents go on a trip to Japan in late March for the Cherry Blossom season.
A Canadian buys a new Ford.
The student bookstore at Yale University sells books published by Cambridge University Press.
A European family goes to Disney World in Florida for vacation.
Choice for the table are: increase, decrease, or unchanged
Answer: See explanation
Explanation:
Exports are the goods and the services that a particular country produces and sells to other countries.
Imports are the goods produced in other countries and sold to ones country.
Net export is the difference between the export an import. An increase in export leads to a rise in the net export.
Based on the above explanation, the answer to the question will be:
1. A British scholar spends a year at Harvard University as a visiting scholar.
US exports - Increase
Imports - Unchanged
Net exports - Increase
2. Your parents go on a trip to Japan in late March for the Cherry Blossom season.
US exports - Unchanged
Imports - Increase
Net exports - Decrease
3. A Canadian buys a new Ford.
US exports - Increase
Imports - Unhanged
Net exports - Increase
4. The student bookstore at Yale University sells books published by Cambridge University Press.
US exports - Unchanged
Imports - Increase
Net exports - Decrease
5. A European family goes to Disney World in Florida for vacation.
US exports - Increase
Imports - Unhanged
Net exports - Increase
Pompeii, Inc., has sales of $53,000, costs of $24,200, depreciation expense of $2,550, and interest expense of $2,300. If the tax rate is 24 percent, what is the operating cash flow, or OCF
Answer:
$23,052
Explanation:
The computation of operating cash flow is shown below:-
Before that we have to determine the net income which is
Income statement
Sales $53,000
Cost ($24,200)
Depreciation ($2,550)
EBIT $26,250
Interest expense ($2,300)
Earnings before tax $23,950
Tax (5,748)
(24% × $23,950)
Net income $18,202
Now,
Operating cash flow = EBIT + Depreciation - Tax
= $26,250 + 2,550 - $5,748
= $23,052
mcclintock corporation is considering investing $60,000 in a new piece of machinery that will generate net annual cash flows of $20,000 each year for the next 6 years. the machine has a salvage value of $4,000 at the end of its 6 year useful life. mcclintock's cost of capital and discount rate is 10%. what is the dollar amount that we would multiply the factor by when using the pv of an annuity table?
The present value of the cash flows generated by the new piece of machinery is $70,906.
To calculate the present value of the cash flows generated by the new piece of machinery, we need to use the present value of an annuity formula.
PV = C x [1 - (1+r)⁻ⁿ] / r
Where PV is the present value, C is the annual cash flow, r is the discount rate, and n is the number of periods.
In this case, C is $20,000, r is 10%, and n is 6.
PV = $20,000 x [1 - (1+0.10)⁻⁶] / 0.10
PV = $20,000 x [1 - 0.56447] / 0.10
PV = $20,000 x 3.5453
PV = $70,906
To find the dollar amount that we would multiply the factor by when using the PV of an annuity table, we need to look up the present value factor for a 6-year annuity with a discount rate of 10%. This factor is 4.3553.
Therefore, we would multiply the factor 4.3553 by the annual cash flow of $20,000 to get the present value of the annuity, which is $70,906.
Learn more about present value at https://brainly.com/question/26556735
#SPJ11
239. Which of the following is an example of a move to reorganize? A. Reducing the labor force within your business B. Revising plans by creating contingency plans C. Managing by objectives and clearing pathways for success D. Developing a way to monitor financial success
An example of a move to reorganize is A. Reducing the labor force within your business.
What does it mean to reorganize a business ?Reorganization is the revision of a company's internal structure in a business environment. Reorganizations occur inside businesses for a variety of reasons. It is a procedure whereby a business revamps its existing strategy, set up, and operations.
Businesses typically undergo restructuring when they are experiencing financial difficulties, have new owners or employees, or have structural changes. A company's business tax structure typically changes when it reorganizes.
The firm will be repositioned, efficiency will be increased, costs will be reduced, and corporate changes like mergers and acquisitions will be dealt with.
Reorganizations frequently entail changing the personnel inside the company, adding or eliminating divisions, launching or shutting business units, and/or redistributing resources in a different way.
Find out more on business reorganization at https://brainly.com/question/10614410
#SPJ1
early stage startups spend significant time doing the following (select all that apply): (2)
Developing and refining their product or service: Startups invest a considerable amount of time in developing, iterating, and refining their product or service to meet the needs of their target market.
This includes conducting research, designing prototypes, and gathering user feedback to improve their offering Building a team: Startups need to assemble a talented and dedicated team to bring their vision to life. This involves recruiting and hiring individuals with the right skills and expertise, as well as building a strong company culture and fostering teamwork Securing funding: Funding is crucial for early stage startups to support their operations, scale their business.
bring their product or service to market. Founders spend time seeking investment opportunities, preparing pitch decks, and pitching to potential investors Market research and customer acquisition: Startups invest time in conducting market research to understand their target audience, competition, and market trends. They also focus on customer acquisition strategies to attract and retain customers, which may involve marketing campaigns, customer outreach, and lead generation activities.
To know more about target market:- https://brainly.com/question/6253592
#SPJ11
Early-stage startups spend significant time on two specific activities among the options provided.
Early-stage startups allocate a significant amount of time to various tasks as they navigate the initial phases of their business. Among the options provided, two activities commonly pursued by early-stage startups are (1) raising capital and (2) developing a minimum viable product (MVP).
Raising capital is crucial for startups to secure funding from investors or through other means to support their operations, research, and development. Developing an MVP involves creating a simplified version of their product or service to test its feasibility and gather feedback from potential customers. These two activities are vital in establishing a strong foundation for growth and success in the early stages of a startup.
Visit here to learn more about startups:
brainly.com/question/29401693
#SPJ11
A list of reasons on why could it take 36 years and $61,060 to pay off a $10,000 credit card dept.
Help I need the answer fast
Answer:
This is due to compound interest on the credit card bills.
Explanation:
Credit card debt of $10,000 is repaid when its due. The bank lends the credit card amount and then charges interest on the debt amount. The compound interest is added to the debt amount and then future value of the debt is greater than the present value.
Kayla is a first time entrepreneur. She started a small business a few months ago. She encounters small problems on a daily basis. However, Kayla is very quick to take corrective actions. As a responsible entrepreneur, she is highly
As a responsible entrepreneur, Kayla is highly nimble, flexible or adaptable.
First-time business entrepreneurs are those who have never owned or run their own company before. When you are a first-time entrepreneur, your company is being built from scratch. Given how many factors there are to take into account when beginning a firm, this can be a challenging undertaking. As an entrepreneur, you must first develop a company idea and ascertain whether there is a market for it. Once your new company is operational, you should concentrate on marketing and sales. Finally, you must control your funds and make sure your company is profitable.
To know more about Entrepreneur refer:
https://brainly.com/question/1620843
#SPJ9