All categories

1 year ago

What is the main reason why entrepreneurs?

Business

1 answer:

Effectus [21]1 year ago

7 0

To entrepreneurs, independence and desire, not money, are what drive them.

<h3>What are the 14 characteristics of entrepreneur?</h3>

Main Facts of Successful Entrepreneurs They have a unique vision. They aim to have an impact in the future as they see far beyond what is happening right now. They are dedicated, have a strong sense of purpose, network, have a team of supporters, invest in themselves, and have faith in their capacity to succeed.

<h3>What are the 10 personal qualities of an entrepreneur?</h3>

The first quality on our list is one that is frequently taken for granted: flawless communication, a will to succeed, calculated risk-taking, ongoing learning, excellent leadership abilities, drive and aspiration, and open-mindedness.

To know more about entrepreneur visit:

brainly.com/question/27796209

#SPJ4

You might be interested in

The two-year interest rate is 10% and the expected annual inflation rate is 5%.

vesna_86 [32]

In economics, the Fisher equation is used to determine the relationship of the nominal interest rate and the real interest rate. This equation takes into account the effect of inflation. Mathematically this is expressed as:

Real rate = $\frac{1+Nominal rate}{1+Inflation}$ -1

The values given are:

Nominal rate= 10% = 0.1

Inflation=5%=0.05

Substituting known values and by calculation:

7 0

2 years ago

The country in which an International company has its primary headquarters and the larger consumer base is called its

sattari [20]

I feel that economic would be the one that makes sense to me could be wrong though hope this helps

7 0

3 years ago

Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separa

Leviafan [203]

Answer:

Idea generation.

Explanation:

The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.

There are several stages of the new product development.

The stage in which the Apple company is, in the given scenario, is idea generation.

Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.

Therefore, idea generation is the correct answer.

5 0

3 years ago

On June 1, Royal Corp. began operating a service company with an initial cash investment by shareholders of $3,900,000. The comp

ankoles [38]

Answer:

$7,500,000 $4,400,000

Explanation:

Accrual concept requires to record the income and expenses in the period in which they are incurred rather when these get paid.

Cash basis accounting records the transaction when it gets paid.

Service Income $7,500,000

Expenses $3,100,000

Cash Dividend $820,000

<u>Cash Basis</u>

Income Statement

For two month ended 31 July.

Service Income $7,500,000

Expenses <u>$0 </u> (Expenses been paid In August)

Net Income <u>($7,500,000)</u>

<u>Accrual Basis</u>

Income Statement

For two month ended 31 July.

Service Income $7,500,000

Expenses <u>$3,100,000 </u>

Net Income <u>($4,500,000)</u>

3 0

3 years ago

Journalizing issuance of stock—at par and at a premium

suter [353]

Answer:

Cash 27000 Dr

Common Stock 13500 Cr

Paid in capital in excess of par-Common stock 13500 Cr

Cash 135000 Dr

Preferred Stock 135000 Cr

Explanation:

When we issue stock at premium, we always record the amount received from such issuance of stock at full. So, the cash account will be debited for 4500 * 6 = 27000

However, we record the common stock issued at par value and the remaining is credited under the reserve account which is Paid in capital in excess of par.

Thus the common stock will be credited by its par value of 4500 * 3 = 13500 and the remaining 4500 * 3 will be credited to the Paid in Capital account.

The par value of the preferred stock is 4500 * 30 = 135000

Thus the preferred stock is issued at par and we simply debit the cash received from the issue and credit the preferred stock.

4 0

3 years ago