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Problem 1: What advice would you offer an entrepreneur on how to establish a mission statement for his or her company?
Problem 2: Assume you own a small shoe store. Discuss the three different types of competition you might face and give examples of each?
Problem 3: What are some of the most important questions a feasibility analysis answers and what model may be of value in this process?
Problem 4: List some of the most important "business plan mistakes" that could be potential fatal errors to an entrepreneur.
During the year, Henry, a sole proprietor, sold for $65,000 a machine that was used in his business. The machine had been purchased in 2003 for $50,000, and when it was sold it had an adjusted basis of $30,000. How should this gain be treated?
Use this information to determine the total dollar amount of dividends that was paid to common shareholders during fiscal year 2019
Prepare the journal entries to record the following events - The accrual of interest and the premium amortization on December 31, 2012
Derby Phones is considering the introduction of new model of headphones with the following prices and cost characteristics
Dorchester uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs
What are at least 5 considerations you will need to take into account when you make a make-decision versus a buy decision at some point in the future?
A company, Toastyo Inc has liabilities but is a new company and is not sure how to categorize the liabilities and their implications.
Assume that Chuck and Luane purchased the bonds in Susie's name. Determine the tax consequences for Chuck and Luane and for Susie
The cash sales for the day, according to the cash register records, totaled $11,200. Journalize the transactions
Using the installment-sales method, make summary journal entries to record: (a) the installment sales and cash collections.
Assuming that the company's $71,000 ending goods in process inventory account for 2011 had $20,000 of direct labor costs, determine the direct material costs
Find the Investment section of the Statement of Cash Flows will include. The Carival Company sold a machine with a book value of $45
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