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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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You own shares in a start-up internet company. If large swings in the stock market increase financial investors' concerns about
Levart [38]

Answer:

The price of shares will Decrease.

Explanation:

This is because as investors fear the market volatility, they tend to exit the market and sell the shares. The excess supply of company's shares in the share market over the lower demand, the prices of shares will go down.

8 0
3 years ago
Exercise 13-12 Ivanhoe Company includes one coupon in each box of soap powder that it packs, and 10 coupons are redeemable for a
IRINA_888 [86]

Answer: Please see below

Explanation:

1) Journal to record  the purchase of  9000 premiums at 85 cents

Year Account Title and explanations        Debit      Credit

2020 n Inventory of premium                     $7,650

            Cash                                                                  $7,650  

working

Purchase price= Number of units purchased x price per unit

9000 x 0.85= $7,650

2) Journal to record  the sale  of 109,000 boxes at $3.10

Year Account Title and explanations        Debit               Credit

2020                    Cash                              $337,900

     Sales Revenue                                                    $337,900                                    

working

Sale price= Number of units sold x price sold per unit

109,000 boxes x $3.10= $337,900

3) Journal to record  the premium expenses

Year       Account Title and explanations        Debit      Credit

2020               Premium    Expenses                 $4,080

Inventory on premium                                                  $4080

working

Premium expenses= coupons presented for redemption / number of coupons to redeem premium x price per premium

= 48,000/10 x 0.85 = $4,080

4) Journal to record  the premium liability

year    Account Title and explanations        Debit      Credit

2020   Premium    Expenses                 $1,479

       Premium liability                                                 $1,479

working

 Estimated redemption on number of boxes sold  = number of boxes sold x probability of redemption= 109,000 x 60 %=  $65,400

premium liability of coupons  = estimated redemption of premiums - number of coupons already redeemed

= 65,400- 48,000 = 17,400

Cost of premium liabilty = premium liability of coupons /number of coupons per premium x rate per premium

17,400/10 x 0.85 ==$1,479

6 0
3 years ago
Risk acceptance is a natural part of driving. Risks are always present, and the compensation involves: Recognizing _____________
11111nata11111 [884]

Answer:

Balls

Explanation:

Balls

8 0
3 years ago
The opportunity cost of your decision to go to college is the value of the next best alternative that you gave up. Suppose that
bagirrra123 [75]

Answer: $16,000; $48,000

Explanation:

<em>Then your opportunity cost of college is </em><em><u>$16,000</u></em><em>, and your total cost of a year of college is </em><em><u>$48,000</u></em><em> per year.</em>

The opportunity cost as explained is the value of the next best alternative given up. In this case that next best alternative is a salary of $19,000 a year so that would be the opportunity cost.

The total cost of going to college however will be the actual cost of going to college plus the opportunity cost of going to college because not only are you incurring costs for going to college but you are also forgoing income you could have earned. The total cost is therefore;

= 32,000 + 16,000

= $48,000

3 0
3 years ago
All of the following were monetary and fiscal policy responses to the Great Recession EXCEPT? (a) Troubled Asset Relief Program
valentinak56 [21]

Answer:

C. Medicare

Explanation:

Medicare is a federal health insurance program that pays for hospital and medical care both for people in the U.S. who are older and for some people with disabilities. Medicare isn't part of the monetary or fiscal policy responses to the Great Recession

7 0
4 years ago
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