Answer: (B) Confidence
Explanation:
According to the given scenario, the confidence is one of the entrepreneurial characteristics that are highlighted a confident is refers to the ability of an individual person to believe in their own decisions and quality.
The confident is one of the important key to be successful and believe in own abilities.
As, Jenna left her current job for start her own management organization so she is confident about her ability for achieving her main goal and believe in herself.
Therefore, Option (B) is correct.
Answer:
The correct answer to this question is that the amount of loss suffered by Bennett cannot be taken out because no information has been given in the question regarding sale of the land.
Explanation:
In the given above question Bennett purchased a tract of land for $20,000 in 2012, thinking that the value of land would increase to $200,000 when the new highway would be constructed but that didn't happen and the value of the property fell to $15,000. Here we can't tell anything about the loss suffered by Bennett because there has been no information given regarding the selling of the land and if he hasn't sold the land then that means there is no loss.
If he would have sold the land then he would have suffered a loss of $5000($20,000 -$15,000).
Answer:
Usually, this would apply to a family business.
Explanation:
to Invest excess cash for a family owned business is a wiser choice because that "cash" according 2 the USA, would be classified as income, which makes u pay more in taxes. If u invest, the taxes are lower 4 business owners.
Answer:
- b. $11, the variable cost.
- d. $25, the market price.
Explanation:
1. The Electrical Division has excess capacity so supplying the Lawn Mower Division can be done and they will still be able to sell to outside customers. They should therefore only charge the variable cost to make component K32 which is $11 as they are in the same company.
2. The highest acceptable transfer price that the Lawn Mower division would pay is the market price of $25. At a price higher than this, it would make no sense to source the component from the Electrical division because the Lawn Mower division could simply source it from the market and save on costs.
Answer: $153,000
Explanation:
Stockholders' equity, also known as shareholders equity, is the book value of the organisation. In other words it is the assets left over after all liabilities have been deducted (Equity = Assets - Liabilities). This equity consists of 2 elements: The ordinary share equity (capital), which is the montary value of the shares issued by an organisation, and retained earnings, which is the amount of income left over after dividends have been paid out. In this case the stockholders equity is calculated as follows:
Opening balance: $136,000
Revenue for September: +$38,000
Expenses: - $21,000
Total: $153,000
Purchased equipment of $5,000 is not included in this figure, as it falls under assets and is accounted as such. Once accounted, then the total assets figure will be used to deduct liabilities from, and the balance must equal the shareholders equity ($153,000) above.
