What is the relationship of the entrepreneurship, barter and flow of money to each other?

Expert Answers
mpcasey51 eNotes educator| Certified Educator

As an entrepreneur, you are the sole decision maker and owner in your business.  The ultimate expectation in owning your own business is to see a positive cash flowing.  One way to ensure less money flowing out of your business than coming into your business is bartering.  Bartering is basically trading one skill, service, or good for another good.  In business, one person maybe be able to provide a certain skill, service, or good for less expense than another.  When needs match, a barter is an excellent way to "trade" these skills, services, or goods, in turn costing each business less, and still getting the maximum outcome--a minimum outflow of money.

"[Money flow is] an indicator that calculates an indexed value based on price and volume for the number of bars specified in the input Length. Calculations are made for each bar with an average price greater than the previous bar and for each bar with an average price less than the previous bar. These values are then indexed to calculate and plot the money flow. The use of both price and volume provides a different perspective from price or volume alone. The money flow indicator tends to show dramatic oscillations and can be useful in identifying overbought and oversold conditions."

The money-flow index is calculated by using the following formula:

Typical Price = (High + Low + Close) / 3
Money Flow = Typical price * Volume
Money Ratio = Positive Money Flow/Negative Money Flow

Access hundreds of thousands of answers with a free trial.

Start Free Trial
Ask a Question