Adjusting entries to record expenses incurred in the current period, that will be paid in a future period, is described as

Compare and contrast the risks and goals of entrepreneurs and inventors.

suter [353]

The difference between an inventor and an entrepreneur is that, an inventor develops new services and goods but he does not have them to the market. An entrepreneur risks resources may it be human, capital or natural in order to bring to the market improved and new products.

The risk which is incurred between entrepreneur and inventor is that, entrepreneur undergoes huge financial risks because a lot of money is being invested while inventor has low financial risk since there is no big investment which is being required.

4 0

3 years ago

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Suppose that $ 5 000 is invested at 3.9 % annual interest rate, compounded monthly. How much money will be in the account in (

BlackZzzverrR [31]

Answer:

(A) $5,131.5

(B) $12,729.5

Explanation:

The interest earned on the value of interest earned before is the compounded interest. Compounding is the reinvestment of the amount earned before and take return over it too.

As per given data

Invested amount = $5,000

Interest rate = 3.9%

Interest is compounded monthly

Monthly rate = 3.9% / 12 = 0.325%

Formula for the accumulated amount of investment

A = P ( 1 + r )^n

Accumulated Money when $5,000 is

(A) Invested for 8 months

A = $5,000 ( 1 + 0.325% ) ^8

A = $5,131.5

(b) Invested for 24 years or 288 months (24 x 12)

A = $5,000 ( 1 + 0.325% ) ^288

A = $12,729.5

4 0

3 years ago

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A common stock pays an annual dividend per share of $2.10. The market capitalization rate (required return on equity) is 10.0%.

Inessa05 [86]

Answer:

the value of the stock is $21

Explanation:

The computation of the value of the stock is given below:

= Annual dividend per share ÷ required rate of return

= $2.10 ÷ 10%

= $21

Hence, the value of the stock is $21

We simply divided the annual dividend from the required rate of return so that the value of the stock could come

3 0

3 years ago

A refinery blends three petroleum components into three grades of gasoline -regular, premium, and diesel. The maximum quantities

erica [24]

Answer:

Explanation:

1)

xij = barrels of component i used in grade j per day for i = A, B, C and j = R, P, D

2)

Max Z = 18 (x AR + x BR + x CR) + 25 (x AP + x BP + x CP) + 15 (x AD + x BD + x CD) – 9 (x AR + x AP + x AD) – 7 (x BR + x BP + x BD) – 10 (x CR + x CP + x CD)

or,

Max Z = 9 x AR + 11 x BR + 8 x CR + 16 x AP + 18 x BP + 15 x CP + 6 x AD + 8 x BD + 5 x CD

3)

Subject to,

x AR + x AP + x AD <= 6000

x BR + x BP + x BD <= 3000

x CR + x CP + x CD <= 4500

x Aj + x Bj + x Cj >= 5000 for j = R, P, D

x AR >= 30%*(x AR + x BR + x CR) or, 0.7 x AR - 0.3 x BR - 0.3 x CR >= 0

x BR <= 30%*(x AR + x BR + x CR) or, -0.3 x AR + 0.7 x BR - 0.3 x CR <= 0

x CR >= 30%*(x AR + x BR + x CR) or, -0.3 x AR - 0.3 x BR + 0.7 x CR >= 0

x CP >= 60%*(x AP + x BP + x CP) or, -0.6 x AP - 0.6 x BP + 0.4 x CP >= 0

x BD <= 50%*(x AD + x BD + x CD) or, -0.5 x AD + 0.5 x BD - 0.5 x CD <= 0

xAD >= 10%*(xAD + xBD + xCD) or, 0.9 xAD - 0.1 xBD - 0.1 xCD >= 0

xij >= 0 for i = A, B, C and j = R, P, D

6 0

3 years ago

The Next Monet, Inc., operated art schools. At one of its classes, John Picasso (no relation to the great artist) was praised by

Schach [20]

Answer:

Option B

Explanation:

In simple words, The given case is related to the conclusion made by the court in the famous case of Vokes versus Arthur MurrayLinks, in which the jury in the court rules that, a determination of a party carrying better information about a subject matter may be treated as a matter of fact even though it would be treated as an opinion if the parties were speaking for deal on equal conditions.

7 0

3 years ago