C С and liabilities
Savannah Jackson has decided to start a play school that she will run from
home. She has put R50 000 of her own money into the business and she has
borrowed R20 000 from the bank. She has come to ask you some questions
about how to get her business going.
1. What is the correct accounting term for the R50 000?
2. What is the correct accounting term for the R20 000?
3. How much money in total does Savannah have to start her business?
Make a list of eight possible assets Savannah would need to buy in order
to run her play school.
5. Take the list of assets that Savannah may need and investigate how
much these assets would cost her to buy.
6. In your opinion, do you think she has enough money to start her
business? Give two reasons for your answer.
7. Do you think it is a good idea to borrow money from the bank to start
a business? Give a reason for your answer.​

An employer who is considering hiring eva has asked donna, eva’s former supervisor, for a report on eva. in truth, eva’s work for donna has been only average. however, eva is donna’s friend, and donna knows that eva probably will not get the job if she says anything negative about eva, and donna knows that eva desperately needs the job. further, donna knows that if the situation were reversed, she would not want eva to mention her deficiencies. nevertheless, it has been donna’s policy to reveal the deficiencies of employees when she has been asked for references by employers, and she knows that some of eva’s faults may be bothersome to this particular employer. finally, this employer has leveled with donna in the past when donna has asked for a report on people who have worked for him. should donna reveal deficiencies in eva’s past performance? (remember to use one of the three moral theories acceptable for this test to solve this dilemma. any discussion of any personal opinion, religious perspective, or theory other than the moral theories acceptable for this test will result in a score of "0" for this question.)

True or false entrepreneurs try to meet the needs of the marketplace by supplying a service or product

What impact might an economic downturn have on a borrower’s fixed-rate mortgage? a. it might cause a borrower’s payments to go up. b. it might cause a borrower’s payments to go down. c. it has no impact because a fixed-rate mortgage cannot change. d. it has no impact because the economy does not affect interest rates.