Homework #1 (each 4 points) 1. At his death in 1790‚ Benjamin Franklin left 1‚000 pounds each to the cities of Boston and Philadelphia on the condition that they would not touch the money for 100 years. Boston’s bequest‚ which was equivalent to about $4‚600‚ had ballooned to $332‚000 by 1890. a. Determine the equivalent annual rate of return between 1790 and 1890. b. If the city of Boston had left this bequest in a fund earning 5% per year between 1890 and 1990‚ what would have been the value of
Premium Investment Money Rate of return
Article Summary Small Business and Entrepreneurship Does More Mean Worse? Three decades of enterprise policy in the Tees Valley – Storey 3 distinct phases of enterprise policy in the UK: - 1970: no effective enterprise policy - 1980: an attempt to increase the number of start-ups - 1990: concentration on business quality This paper argues that the policies in the 80’s had little impact on economic growth because of an increase in number of new firms led to a fall in quality of
Premium Entrepreneurship Entrepreneur
HOW SMALL BUSINESS BUIDS RELATIONSHIP WITH its CUSTOMERs – A CASE OF TOP CURLS BEAUTY SALON- ACCRA‚ GHANA. Introduction According to Gronroos (1997)‚ marketing in relational terms means “To establish‚ maintain and enhance relationships with customers and other partners‚ at a profit so that the objectives of the parties involved are met. This is achieved by mutual exchange and fulfillment of promises”. As to whether a business will profitably benefit from investing in relationship with its
Premium Marketing Hairdressing Interpersonal relationship
To bring variation in data I have collected sample data from 15 different types of small bussiness firms.Some important information about the firms is given below in a tabular form: Profit Sample Name of the firm No. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Ki.Nakini Y.Touch Tailors Dressezz Ankhi Noor Optics Md. Yusuf Md. Siraj Saj Ghor Md. Shafique Dhanshiri Barisal Muslim Hotel Samiya Pharmacy Jamal Uddin Sanjana Library Super Clean Laundary Style salon
Premium 1922 1920 1921
Ethics Case Study Dien Huynh University of Phoenix ACC/557 Accounting Ethics Instructor: MICHELE SCOTT 11/16/2012 Ethics Case Study The case study of Lillian Fok‚ Sandra Hartman and Kern Kwong in 2010 about differences and similarities in business ethical values has been done to examine ethical values that underlie business decisions in the U.S.‚ China‚ and Jamaica. China transforms from a socialist based‚ command economy to a free market economy. Because of the transformation
Free Capitalism Economics Socialism
Week 2 Individual Paper Anthony Dulle‚ ECO/561 January 10‚ 2013 Mark Pribonic Week 2 Individual Paper As discussed in week 1; understanding market equilibrium and how to maintain market equilibrium is essential for all business leaders. Market equilibrium is the point at which the demand of the consumers is equal to the supply of the producers. The goal of all organizations is to ensure their output is at market equilibrium‚ therefore having no surplus or shortage. However‚ many factors
Premium Supply and demand
while at the same time it is wrong. They move into cities and drop their prices causing the clientele to shop at their store. As consumers start running to Wal-Mart instead of the Mom and Pop grocer down the road‚ the small businesses are forced into bankruptcy. As these small business owners are forced to liquidate their remaining stock and permanently close their doors‚ options are removed from the shopper’s list. When the majority of competing stores have shut down‚ Wal-Mart immediately raises their
Premium Retailing Wal-Mart Marketing
Financial Statements 1 Financial Statements ACC 280 Emily Roddy Financial Statements 2 Introduction The purpose of this paper is to define accounting‚ and identify the four basic financial statements. The paper also explains how the different financial statements are interrelated to each other and why they are useful to managers‚ investors‚ creditors‚ and employees. Accounting Accounting is a business discipline that allows companies to record‚ analyze‚ and retrieve critical
Premium Income statement Financial statements Balance sheet
Small Business Owners Did you know that 65 percent of Americans are small business owners? The average income of these small business owners is over $400‚000. According to statistics‚ there are at least 25 million small business owners in the United States. Only 20 million out of the 25 million have fewer than 50 employees and approximately 17 million small businesses have only one or two employees‚ including the owner. Owners can have any type of education to start their own business.
Premium Business Small business Management
Developmental 561 DUE: March 31st‚ 2011 Questions for DEV BIOL 561: These questions will serve as your attendance for today and as your March problem set. Use your notes and books to answer the questions below. You are not to work in groups! 1. Explain the Tetralogy of Fallot and its major defects. Also explain how each defect may cause abnormal heart functions. A congenital malformation of the heart characterized by a defect in the ventricular septum‚ misplacement of the origin of the
Premium Heart Blood Heart disease