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3 years ago

Which type of entrepreneur starts a business or organization that is meant to improve society in some way?

2 answers:

7 0

Social entrepreneur is a type of entrepreneur that starts a business or organization that is meant to improve society in some ways.
Social entrepreneur focuses on the society problems and find ways to solve them.

Katen [24]3 years ago

5 0

Answer: a. A social entrepreneur

A social entrepreneur starts a business or organization that is meant to improve society in some way.

Explanation:

A social entrepreneur is known to be an entrepreneur who establishes a business with the sole aim of finding solutions to the problems affecting the society through his initiative and effort. Hence, he is not motivated by profit alone but the need to make positive impact in the society. He does in so many ways, one of which is: by providing employment opportunities and so on.

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Matt Winne, Inc. issued $ 1 comma 000 comma 000 of 9%, nine-year bonds payable on January 1, 2018. The market interest rate

alekssr [168]

Answer:

1) $1,223,163

2) bond premium amortization coupon 1 = $8,305

bond premium amortization coupon 2 = $8,554

January 1, 2018, bonds are issued

Dr Cash 1,223,163

Cr Bonds payable 1,000,000

Cr Premium on bonds payable 223,163

June 30, 2018, first coupon payment

Dr Interest expense 36,695

Dr Premium on bonds payable 8,305

Cr Cash 45,000

December 31, 2018, second coupon payment

Dr Interest expense 36,446

Dr Premium on bonds payable 8,554

Cr Cash 45,000

Explanation:

bonds price = PV of face value + PV of coupons

PV of face value = $1,000,000 / 1.03²⁰ = $553,675.75

PV of coupon payments = $45,000 x 14.8775 (annuity factor 3%, 20 payments) = $669,487.50

issue price = $553,675.75 + $669,487.50 = $1,223,163.25 ≈ $1,223,163

Dr Cash 1,223,163

Cr Bonds payable 1,000,000

Cr Premium on bonds payable 223,163

amortization coupon 1 = $45,000 - ($1,223,163 x 3%) = $45,000 - $36,695 = $8,305

amortization coupon 2 = $45,000 - ($1,214,858 x 3%) = $45,000 - $36,446 = $8,554

4 0

3 years ago

Stephanie Corporation sells a single product. Budgeted sales for the year are anticipated to be 639,000 units, estimated beginni

Margarita [4]

Answer:

dollar value=$114452

Explanation:

We need to calculate the dollar value of material A needed during this year.

First step is to calculate how many units are necessary

Budgeted Sales= 639000 units

Ending inventory=82000 units

Beginning Inventory= 101000 units

Production of the year= 620000 (639000+82000-101000)

Second step is to calculate how much of material A is required

620000 units*0,50lb/un= 310000lb

Finally, we need to convert lb to pounds/$

1lb=0,71 punds

310000lb*0,71=220100pounds

dollar value=220100*$0,52=114452

3 0

2 years ago

A price weighted index is composed of 3 stocks. Stocks A, B, and C are trading for $100, $56 and $32 respectively. The number of

gogolik [260]

Answer:

The total value will not change.

Explanation:

Stock split occurs when a stock is divided into parts. The value of each stock will decline but there will be more stocks and overall value will remains same. If stock A goes through a stock split then the new price per stock will decline but the overall value to the investor will remain same.

7 0

3 years ago

FLASH Delivery has EPS of $6.00 per share and has a payout ratio of 40%. Its dividend is expected to grow at a rate of 5.25%. If

beks73 [17]

Answer:

The answer is "Option c"

Explanation:

The Dividend payout ratio is 40% so that EPS* is the dividend payout ratio of the company:

$= 6 \times 40 \% \\\\= \$ \ 2.40$

Inventory market value:

$= Dividend \times \frac{(1+g)}{(r-g)}$

Where r = return rate is needed

g= growth $= 5.25\% = \frac{5.25}{100} = 0.0525$

$\to 22.86 = \frac{(2.4 \times (1+g))}{ r-0.0525}\\\\\to 22.86 = \frac{(2.4 \times (1+0.0525))}{r-0.0525}\\\\\to (22.86 \times r)-(22.86 \times 0.0525)=2.526\\\\\to (22.86 \times r)-1.20015=2.526\\\\\to 22.86r=3.72615\\\\\to r=0.1630\\\\\to r=16.30 \%$

6 0

3 years ago

Define bank run in your own words.

lina2011 [118]

Answer:

A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.

5 0

2 years ago