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zmey [24]
3 years ago
9

Greg has developed an automobile engine that runs efficiently for up to three hours on a single russet potato. His friends have

pointed out that it will be difficult to get car manufacturers to adopt his new technology and that it could take years to make it practical for people to rely on the new energy source for long trips. However, Greg is convinced he can make the U.S. economy energy independent, thus changing the world. He plans to create a new business called Spuds-to-Go to promote his new engine. Greg has:
a. vision and confidence.
b. no opportunity sense.
c. an external locus of control.
d. low strategic planning skills.
Business
2 answers:
kherson [118]3 years ago
5 0

Answer:

I am not sure. Maybe A?

Explanation:

natulia [17]3 years ago
4 0

Answer:

Correct option is (a)

Explanation:

For any venture to be successful, it starts with a vision or idea. In this case, Greg is confident that he will be able to convince US Car manufacturers to purchase his fuel efficient car even though his friends were doubtful if his product will be accepted by car manufacturers.

He also had a clear vision as his goal was to make US economy energy efficient. Vision is to have a positive outlook regarding future.

It can be inferred that Greg has both vision and confidence

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a. Attracting large amounts of capital is more difficult for partnerships than for corporations because of such factors as unlim
lidiya [134]

Answer:

The statement is: True.

Explanation:

Partnerships are organizations that share ownership of two or more people. Corporations, on the other hand, are owned by shareholders who decide how and who will run the business. Partnership owners are individually liable, implying that the owners' assets can be taken away in front of the debt.  

Debt or legal responsibility in companies is not individual. Liability is only dealt with at the company level. In reality, partnerships require reorganization when one of the partners is quitting or passing away, something that does not happen to corporations. For these factors, the majority of associations find it difficult to raise significant amounts of funds relative to companies.

7 0
3 years ago
Casey Klemons' agreement (BELO plan) with his employer provides for a pay rate of $16.50 per hour with a maximum of 50 hour. How
KatRina [158]

Answer:

$907.50

Explanation:

Calculation for How much would Klemons be paid for a week in which he worked 46 hours

Amount to paid =(10 × 0.5 × $16.50)+(50× $16.50

Amount to paid=$82.50 + $825

Amount to paid=$907.50

Therefore the amount that Klemons should be paid for a week in which he worked 46 hours is $907.50

8 0
3 years ago
At December 31, 2019, Skysong Corporation had the following stock outstanding. 10% cumulative preferred stock, $100 par, 108,966
Fittoniya [83]

Answer:

Earnings per share from continuing operations is $3.41 per share.

Earnings per share from discontinued operations is -$0.53 per share.

Explanation:

The earnings per share data can be computed by preparing a partial income statment as follows:

Skysong Corporation

Income Statement (Partial)

As at December 31, 2019

<u>Particulars                                                                            Amount ($)   </u>

<u>Continuing operations</u>

Income from continuing operations before taxes           22,887,900

Taxes on continuing operations (22,887,900 * 35%)    <u>   (8,010,765)  </u>

Income from continuing operations after taxes                14,877,135

Preferred dividends declared                                        <u>   (1,089,660)  </u>

Income from continuing operations after pref. div.        <u>   13,787,475 </u>

<u>Discontinued operations</u>

Discontinued operations (loss before taxes)                    (3,284,900)  

Tax benefit on discontinued oper. (3,284,900 * 35%)      <u>    1,149,715  </u>

Discontinued operations (loss after taxes)                    <u>     (2,135,185) </u>

<u>Earnings per share:</u>

Continuing operations  (13,787,475 / 4,044,060)                      3.41

Discontinued operations (2,135,185 / 4,044,060)                    (0.53)

5 0
3 years ago
The market for a good was in equilibrium. A change occurred which resulted in a new equilibrium with a higher price for the good
aev [14]

Answer:

C) The supply curve moved to the left.

Explanation:

A supply curve shift to the left due to a reduction in the quantity supplied to markets. When the market is at equilibrium, a decrease in supply will likely to create a shortage. Buyers will compete to buy the few available items at the price that suppliers will demand. Suppliers will take advantage of the " increase " in demand to raise prices.

A reduced supply means that the quantity available in the market decreases. At equilibrium, the quantity supplied matches demand, but when supply decreases, the quantity supplied also decreases.

4 0
3 years ago
When $45,000 of goods are completed in Production Department D and transferred to the finished-goods warehouse where completed p
kykrilka [37]

Answer:

A debit to Finished-Goods Inventory

Explanation:

While recording this transaction, the journal entry is as follows

Finished goods inventory $45,000

      To work in process inventory $45,000

(Being the completed units are recorded)

For recording this, we debited the finished goods inventory and credited the work in process inventory so that the correct posting could be done and the same is shown above

8 0
3 years ago
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