Answers
A person is considered an entrepreneur because she combined resources to create new products. Thus, option (c) is correct.
A person who starts a new firm, taking on the majority of the risks and reaping the majority of the gains, is an entrepreneur. Entrepreneurship is the practice of starting a business.
Every economy requires entrepreneurs because they have the knowledge and drive to foresee demands and promote novel ideas. Entrepreneurship that succeeds in assuming the risks involved in founding a firm is rewarded with earnings and expansion possibilities.
Therefore, option (c) is correct.
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Related Questions
Mary's Baskets Company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. There are 4,000 baskets in beginning finished goods inventory with target ending inventory of 9.000 baskets. The company keeps no work-in- process inventory. What amount of sales revenue will be reported on the 2019 budgeted income statement? A) $175,000 B) $150,000 C) $125,000 D) $55,000
Answers
Answer:
C $125,000
Explanation:
With regards to the above information, we know that the beginning and ending target inventory is the same, hence the units sold by Mary's baskets will remain at 30,000.
Sales in unit = Opening inventory in units + Production - Closing inventory
Sales in unit = 4,000 + 30,000 - 9,000
Sales in unit = 25,000
We do know that revenue is a function of sales multiplied by the selling price, which is given as $5 each.
Sales revenue = Sales in unit × Selling price
Sales revenue = 25,000 × $5
Sales revenue = $125,000
Therefore, the amount of sale revenue that would be reported on the 2019 budget income statement is $125,000
Joan has the following assets and liabilities: Credit card balance $1,000 Cash $200 Government bonds $3,000 Checking $300 Car loan balance $10,000 Car $15,000 What is Joan's money demand?A) $200 B) $300 C) $500 D) $1,000 E) $11,000
Answers
Answer:
C. $500
Explanation:
Money demand can be defined as the part of an assets in which a person is ready to hold as cash . The money can however be used to purchase goods or services.
Money demand can be denoted as
= Cash balance + Checking account balance.
Given that;
Cash balance = $200
Checking account balance = $300
Money demand = $200 + $300
Money demand = $500
Therefore, Joan's money demand is $500.
Which source of funding would be most appropriate if you were starting a
business from your home and you only needed to buy a computer and pay for
Internet service to get started?
A. Selling property
B. Applying for a bank loan
C. Using a credit card
D. Seeking venture capital
Answers
Answer:
a credit card would be better ..cause it has a convenient pay method
The source of funding that would be most appropriate if we were starting a business is using a credit card. The correct option is c.
What is a credit card?A credit card is a payment card issued to users to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt that is to promise to the card issuer to pay them for the amounts plus the other agreed charges.
The card issuer is generally a bank or credit union, creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards.
Most cards are plastic, but some are metal cards, stainless steel, gold, palladium, titanium, and a few gemstone-encrusted metal cards.
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What are the difference between aims and goal
Answers
Answer:
Goal is a set target that a person wants to achieve, while Aim is the determined course a person sets to achieve a target.
At December 31 year-end Connor Company has a $9,500 note from a customer. Interest of 12% has accrued for 8 months on the note. What will Connor's income statement for the year ended December 31, report for this situation? a. Nothing because the company has not received the cash yet. b. Interest Revenue of $760 c. Note Receivable of $9,500 d. Both B and C
Answers
Answer:
b. Interest Revenue of $760
Explanation:
The computation is shown below:
= Note amount × rate of interest × number of months ÷ total number of months
= $9,500 × 12% × 8 months ÷ 12 months
= $760
This amount would be represented as an interest revenue.
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Therefore the correct option is b.
Goodwill is: Group of answer choices Amortized over the greater of its estimated life or forty years. Only recorded by the seller of a business. The excess of the fair value of the consideration exchanged for the company over the fair value of net assets acquired. None of these.
Answers
Explanation:
Goodwill in accounting is an intangible asset that arises when a buyer acquires an existing business. Goodwill represents assets that are not separately identifiable. Goodwill does not include identifiable assets that are capable of being separated or divided from the entity and sold, transferred, licensed, rented, or exchanged, either individually or together with a related contract, identifiable asset, or liability regardless of whether the entity intends to do so. Goodwill also does not include contractual or other legal rights regardless of whether those are transferable or separable from the entity or other rights and obligations. Goodwill is also only acquired through an acquisition; it cannot be self-created. Examples of identifiable assets that are goodwill include a company’s brand name, customer relationships, artistic intangible assets, and any patents or proprietary technology. The goodwill amounts to the excess of the "purchase consideration" (the money paid to purchase the asset or business) over the net value of the assets minus liabilities. It is classified as an intangible asset on the balance sheet, since it can neither be seen nor touched. Under US GAAP and IFRS, goodwill is never amortized, because it is considered to have an indefinite useful life. Instead, management is responsible for valuing goodwill every year and to determine if an impairment is required. If the fair market value goes below historical cost (what goodwill was purchased for), an impairment must be recorded to bring it down to its fair market value. However, an increase in the fair market value would not be accounted for in the financial statements. Private companies in the United States, however, may elect to amortize goodwill over a period of ten years or less under an accounting alternative from the Private Company Council of the FASB.
Investing activities do not include the:
a.Purchase of plant assets.
b.Loaning of money in exchange for notes receivable.
c.Issuance of common stock.
d.Sale of plant assets.
e.Sale of short-term investments other than cash equivalents.
Answers
Answer:
c.Issuance of common stock.
Explanation:
Investing activities lead to an increase in business cash flows. Investing involves spending money with the expectation of making higher returns.
Some investing activities include
1. Purchase or acquisition of assets to be used in the production process.
2. Sale of business assets
3. Acquisition or sale of other business
Issuing of common stocks is not considered an investment option. Common shares are issued when companies need to raise additional capital. Issuance of common shares is a financing activity.
Equipment that was purchased for $900,000 has a current book value of $450,000. Assume a capital gains tax rate of 28%. Compute the net tax payment or savings if you sell the equipment for $636,400.
Answers
Answer:
there is an increase in taxes of $52,192
Explanation:
The computation of the net payment or saving is shown below:
Given that
Book value = $450,000
Sale value = $636,400
since the sales value is more than the book value so here the capital profit is there
Therefore capital profit would be
= $636,400 - $450,000
= $186,400
Now tax would be
= $186,400 × 28%
= $52,192
So there is an increase in taxes of $52,192
Click this link to view O*NET's Work Activities section for Architects. Note that common activities are listed toward the
top, and less common activities are listed toward the bottom. According to O*NET, what are common work activities
performed by Architects? Check all that apply.
repairing and maintaining mechanical equipment
communicating with persons outside of the organization
drafting, laying out, and specifying technical devices, parts, and equipment
using dynamic flexibility to repeatedly bend, stretch, or twist with arms or legs
using night vision and peripheral vision
making decisions and solving problems
thinking creatively
Answers
Answer:
communicating with persons outside of the organization
drafting, laying out, and specifying technical devices, parts, and equipment
making decisions and solving problems
thinking creatively
B, C, F, G
Explanation:See attachment
Select the correct answer
Which factor increases the risk of is project delays?
Options on picture
Answers
Answer:
B. Shortage of technical staff
Explanation:
It's 100% not D. I took the test and got it wrong
HP sells an inexpensive printer for an entry-level user, but the printer cartridges that need continual replacement are fairly expensive. This demonstrates the concept of ________.
A) product line pricing
B) captive pricing
C) price bundling
D) reference pricing
E) prestige pricing
Answers
Answer:
B)) captive pricing
Explanation:
From the question, we are informed about how HP sells an inexpensive printer for an entry-level user, but the printer cartridges that need continual replacement are fairly expensive. This demonstrates the concept of captive pricing. Pricing is essential in business because production process isn't complete until goods reach to the consumer. pricing strategy utilize the strategy of using advantage over a product so that large volume of customers can be drawn to patronize the product. Captive product pricing can be regarded as the pricing of goods which can be described as goods that posses a “core product” as well as number of “accessory products.”
True or False: If Nick's Fire Engines were a competitive firm instead and $80,000 were the market price for an engine, decreasing its price from $80,000 to $60,000 would result in a decrease in the production quantity, but an increase in total revenue.
Answers
False. As the market price for a good falls the demand rises for a product. Hence the the production quantity of a good will rise long with total revenue, as revenue is the summation of costs and profits.
This year Mary received a $600 refund of state income taxes that she deducted on her tax return last year. Mary included a total of $8,450 of state income taxes when she itemized deductions last year. What amount of the refund, if any, should Mary include in her gross income this year?
Answers
Answer:
$600
Explanation:
If instead of itemizing, Mary had elected the standard deduction last year, then she wouldn't have to include any state income tax refund on her current gross income. But since she itemized her deductions and actually deducted these $600 from her gross income last year, she must include them in he current gross income.
Discuss about Financial System and its impact on the strategic Financial Management
Answers
Answer:
The modern Financial System is based on a central bank that controls the monetary base (but not the money supply), and in fractional reserve banking. The implicaton of this, is that banks loan out some of the money that they obtain as deposits, and in this process they create money.
Explanation:
The Financial System is influenced by this process of money creation, because when the money that circulates in the economy (the money supply) changes, interest rates also change.
Interest rates are the price of investment, and the most important indicator that a financial manager has to take into account when making a financing decision.
Financial managers must also take into account the different types of financial institutions that exist, from hedge funds, to commercial banks, to cooperatives, and the different types of securities, from stocks, to bonds, to derivatives and futures.
A company desires to sell a sufficient quantity of products to earn a profit of $300000. If the unit sales price is $32, unit variable cost is $12, and total fixed costs are $800000, how many units must be sold to earn net income of $300000?a) 168,750 unitsb) 90,000 unitsc) 112,500 unitsd) 67,500 units
Answers
Answer:
55,000 units
Explanation:
Calculation for how many units must be sold
Using this formula
Units to be sold=Total fixed costs +Profit/(Sales price-Variable cost )
Let plug in the formula
Units to be sold =($800,000+$300,000)/($32 -$12)
Units to be sold=$1,100,000/$20
Units to be sold=55,000 units
Therefore units that must be sold to earn net income of $300000 will be 55,000 units
Firm B has a 12% ROE. Other things held constant, what would its expected growth rate be if it paid out 25% of its earnings as dividends?
Answers
Answer:
the expected growth rate is 9%
Explanation:
The computation of the expected growth rate is shown below:
As we know that
Retention ratio = (1 - dividend payout ratio)
So,
Retention ratio = (1 -0.25) = 0.75
Now
Growth rate = Retention ratio × ROE
= 0.75 × 12
= 9%
hence, the expected growth rate is 9%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
The assumptions of the production order quantity model are met in a situation where annual demand is 3650 units, setup cost is $50, holding cost is $12 per unit per year, the daily demand rate is 20 and the daily production rate is 100. What is the production order quantity for this problem?
Answers
Answer:
156
Explanation:
Production order quantity can be calculated by: [tex]\sqrt{2*K*D / h*(1-x)}[/tex]
Where, K = Setup Cost , D = Annual demand, H = Holding cost , x = d/p (daily demand rate/ daily production rate).
Production order quantity = [tex]\sqrt{2 * 50 *3650/12 * (1 - 20/100)}[/tex]
Production order quantity = [tex]\sqrt{2 * 50 * 3650/12 * (1 - 0.2)}[/tex]
Production order quantity = [tex]\sqrt{2 * 50 * 3650/12 * 0.8}[/tex]
Production order quantity = [tex]\sqrt{2 * 50 * 304.17 * 0.8}[/tex]
Production order quantity = [tex]\sqrt{24333.6}[/tex]
Production order quantity = 155.9923075026458
Production order quantity = 156 (rounding off)
So, the production order quantity for this problem is 156
In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year’s inflation rate? In contrast, suppose that the CPI was 110 last year and is 108 this year. What is this year's rate of inflation? What term do economists use to describe this second outcome?
Answers
Answer and Explanation:
The computation is shown below:
The Rate of inflation is
= (CPI this year - CPI last year) ÷ (CPI last year) × 100
= (121 - 110) ÷ 110 × 100
= 10%
Now for other
The Rate of inflation is
= (CPI this year - CPI last year) ÷ (CPI last year) × 100
= (108 - 110) ÷ 110 × 100
= -1.81%
Here the term i.e. used for the negative rate of inflation is deflation
The same is to be considered
Koby, age 16, works after school at FastFood from 4 p.m. until 11 p.m. On Friday night, therestaurant manager sees that Koby is exhausted, but insists that he remain until 4:30 a.m.,cleaning up, then demands that he work Saturday morning from 8 a.m. until 4 p.m. On Saturdayafternoon, as Koby drives home, he falls asleep at the wheel and causes a fatal car accident.Should FastFood be liable? What important values are involved in this issue? How does theGolden Rule apply?
Answers
Answer:
find answer in the explanation below
Explanation:
Koby is 16 and that means he is under age for a start. That initial statement makes Fastfood liable.
As it can be seen from the question, the golden rule applies to Koby's case as it is clear he has other things to do with his time.
Primarily, he is a student and that means he has school work to do alongside putting in some hours at Fastfood. But then, he still has the right to be treated right which in this case means him getting some rest. It is therefore safe to say that the manager of Fastfood is trying to take advantage of Koby and should have given him rest.
if he had gotten some rest, he wouldn't have fallen asleep while driving and been in the accident.
Cheers
A machine costing $37,500 with a 5-year life and $2,300 residual value was purchased January 2. Compute depreciation for each of the five years, using the double-declining-balance method.
Answers
Answer:
11,250
Explanation:
The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely. If investors require a return of 10.5 percent on The Jackson-Timberlake Wardrobe Co. stock, what is the current price? What will the price be in three years? In 15 years?
Answers
Answer:
If investors require a return of 10.5 percent on The Jackson-Timberlake Wardrobe Co. stock, what is the current price?
P₀ = Div₁ / (Re - g)
Div₁ = $2.028Re = 10.5%g = 4%P₀ = $2.028 / (10.5% - 4%) = $31.20
What will the price be in three years?
P₃ = Div₄ / (Re - g)
Div₄ = $2.281Re = 10.5%g = 4%P₃ = $2.281 / (10.5% - 4%) = $35.37
In 15 years?
P₁₅ = Div₁₆ / (Re - g)
Div₁₆ = $3.652Re = 10.5%g = 4%P₁₅ = $3.652 / (10.5% - 4%) = $56.19
Which factor would influence the premiums of health insurance?
Building size
Deductible
Elimination period
Profession
Answers
Answer:
Deductible
Explanation
The correct option is B. Plan category, the plan covers dependents, and deductibility is the factor that influences the premiums of health insurance.
What is Health Insurance?Medical and health-related costs are covered by a specific type of insurance called health insurance. Routine care, emergency care, and treatment for long-term illnesses are all partially or fully covered by health insurance.
Thus, there are many other factors that influence the health insurance premiums such as age, smoking status, region, type of plan, and if dependents are covered by the policy.
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I purchased my home for $297,000 in 2015. Today it is worth approximately $520,000. What has my compounded annual rate of return been on this investment over the five years that I have owned my home?
a. 68.35%
b. 13.67%
c. 10.98%
d. 54.9%
Answers
Answer:
A because Brainly is here for kids to cheat on.
Explanation:
You own a portfolio that has $2,100 invested in Stock A and $3,200 invested in Stock B. If the expected returns on these stocks are 13 percent and 17 percent, respectively, what is the expected return on the portfolio?
Answers
Stock B: $3,200 17%
Stock A-> 2100 x .13 = 273
Stock B -> 3200 x .17 = 544
Add
273 + 544 = 817
Expected return is $817
Controllable margin is defined as A.sales minus variable costs. B.sales minus contribution margin. C.contribution margin less controllable fixed costs. D.contribution margin less noncontrollable fixed costs.
Answers
Answer:
answer d is correct is correct
Define uncertainty. What are some of the basic causes of uncertainty in engineering economy studies?
Answers
Answer:
A decision under uncertainty is a decisional problem.
what do you mean by business organisation
Answers
Answer:
Business organization, an entity formed for the purpose of carrying on commercial enterprise.Such an organization is predicated on systems of law governing contract and exchange, property rights, and incorporation.
Jane wrote a check for $10, but was so careless and negligent that it was easy to alter. She gave this check to Ben, who changed the check to read $1,000. The alteration was pretty obvious to anyone who saw the check, but when he cashed the check at Jane’s bank, they deducted $1,000 from Jane’s account. If Jane sued the bank for the loss, would she be able to recover? If so, how much could she recover, and how would that be determined?
Answers
Answer: Yes, she will be able to recover her full loss.
Explanation:
The risk associated with dispersion around an expected value (e.g., expected return) is measured by the:_______
a. beta coefficient
b. range (i.e., high‑low values)
c. standard deviation
d. debt to total assets (i.e., the debt ratio)
Answers
Answer:
C. Standard deviation
Explanation:
What kind of ideas are not patentable according to the U.S. Patent Office?
Answers
2. An aesthetic creation.
3. A scheme, rule or method for performing a mental act, playing a game or doing business, or a computer program.
4. A presentation of information.
5. A procedure for surgical or therapeutic treatment, or diagnosis, to be practised on humans or animals.
Answer:
A presentation of information
Explanation: