Answers
Answer:
(A) realize financial rewards.
Explanation:
In theory (textbook) the no.1 reason that people become entrepreneurs is to achieve maximum return. The concept of higher risk, higher return is the key here. Business as compared to Services and Profession, has the highest risk thereby giving the best returns out of the three.
However, in practicality people adopt business to pursue their own ideas, gain prestige, be their own boss, continue a family tradition and also to realize financial rewards.
Related Questions
On 12/31/10, Heaton Industries Inc. reported retained earnings of $675,000 on its balance sheet, and it reported that it had $172,500 of net income during the year. On its previous balance sheet, at 12/31/09, the company had reported $555,000 of retained earnings. No shares were repurchased during 2010. How much in dividends did Heaton pay during 2010?
Newark Company has provided the following information: Cash sales, $500,000 Credit sales, $1,400,000 Selling and administrative expenses, $380,000 Sales returns and allowances, $95,000 Gross profit, $1,410,000 Increase in accounts receivable, $60,000 Bad debt expense, $38,000 Sales discounts, $48,000 Net income, $1,030,000 How much cash was collected from customers
Which of these is NOT one of the documents that a project manager can refer back to in order to make sure that all planned work has, in fact, been completed
Girls between the ages of 8 and 15 are one of the growing markets for high-end shoe manufacturers, and podiatrists say the trend is leading to many stylish young girls with grown-up foot problems. To many parents and podiatrists, shoe manufacturers who develop and market adult-styled shoes to this group are not operating at a(n) _____ responsibility level.
Answers
Answer:
Indifference point= 25,500
Explanation:
Giving the following information:
Company X = $2,276,000 + $50/ unit
Company Z = $1,052,000 + $98/unit
We need to find the indifference point where the two companies provide the same total cost.
We need to equal both cost equations:
2,276,000 + 50x = 1,052,000 + 98x
1,224,000 = 48x
25,500= x
x= number of units
To prove:
Company X = $2,276,000 + $50*25,500= $3,551,000
Company Z = $1,052,000 + $98*25,500= $3,551,000
Answers
Answer:
Net Income = $1,650,000
Explanation:
"The missing question is Prepare the lower portion of the 2021 income statement beginning with income from continuing operations before income taxes. Ignore EPS disclosures. (Amounts to be deducted and negative amounts should be indicated with a minus sign"
California Micro-tech Corporation
Partial Income Statement
For the year ended December 31, 2021
Income from continuing operation $5,800,000
before Income taxes
- Income tax expenses $1,450,000
($5,800,000 * 25%)
Income from Continuing Operation A $4,350,000
Discontinued Operations
- Loss from operation discontinued $3,600,000
component
Income tax benefit $900,000
($3,600,000 * 25%)
Loss on discontinued operation B - $2,700,000 -$2,700,000
Net Income (A + B) $1,650,000
Answers
Answer:
11.2
Explanation:
Your formula would be I = Overall market increased * Beta
"I" being Fords increase
so just plug in and solve
So your volatility would be 11.2
Answers
Answer:
$1,684,084.19
Explanation:
If the company needs $31 million, and it must deposit 5% of what it borrows in a non-interest bearing account, then to have a net borrowing of $31 million, the amount it must borrow, B, is
B * (1 - 5%) = 31 million
= 0.95B = 31 million
and B = $32,631,578.95.
At 0.631% interest rate per month, for 8 months, the amount to be repaid after 8 months
=
Therefore, the amount paid in interest = 34,315,663.14 - 32,631,578.95
= $1,684,084.19.
Answers
Answer:
C
Explanation:
Loanable funds is the total amount of money individuals in an economy save and lend out out to borrowers
Increase in taxes would decrease the benefits of saving and as a result, national savings would reduce
If national savings reduce, the supply of loanable funds would also reduce. this would shift the supply curve to the left
Answers
Answer:
Check the explanation
Explanation:
Government needs to fill gap of $64 billions
for economist A
Tax multiplier is 2 so in order to fill a output gap of 64 billions, cut taxes by 64/ 2 = 32 billion
tax have to cut by $32 billions
govt spending multiplier is 8, so spendinh has to increase by 64/8=$8 billions.
for economist B
Tax multipler is 8 so to fill a output gap of 64 billions, cut taxes by 64/ 8= 8 billion
tax have to cut by $8 billions
govt spending multiplier is 4, so spending has to increase by 64/4=$16 billions.
⇒This means that Economist C likely believes that:
- Tax cuts induce investment spending and improve workers incentives.This is because cutting the taxes gives an incentive to the workers to work more.
⇒ A rise in government spending completely crowds out private sector spending, because increased govt spending increases the interest rate, hence private spending is crowded out.