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sattari [20]
3 years ago
12

Outline the benefit of running a business

Business
2 answers:
steposvetlana [31]3 years ago
7 0

Answer:

Explanation:

"Owning and running your own business can be more satisfying and fulfilling than working for someone else. Many successful small business owners find they enjoy the respect they earn from their peers for having the courage to go out on their own. Power. Don't be surprised if power is one of your goals."

JulijaS [17]3 years ago
3 0

Answer:

Owning a small business gives you certain lifestyle advantages. Because you're in charge, you decide when and where you want to work. ... In spite of high financial risk, running your own business gives you a chance to make more money than if you were employed by someone else. You benefit from your own hard work.

Explanation:

hope this helps

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Uncle John's Pipe Company has been experiencing several years of financial difficulty and, thus, has considered maintaining its
Iteru [2.4K]

Answer:

The value of its common stock is $29.41

Explanation:

As the Dividend payment is for indefinite period of time, This is the perpetuity payment. The value of share can be determined  by calculating the present value of perpetuity payment.

The formula for the present value of perpetuity is as follow

Present value of perpetuity = Cash flow / Required Rate of return

In this case the present value of perpetuity is the value of stock cash flows is The dividend payment.

Value of Stock = Dividend / Required Rate of return

Value of Stock = $2.5 / 8.5%

Value of Stock  = $29.41

6 0
3 years ago
Read 2 more answers
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below. Indicate the missing amoun
denis23 [38]

Answer:

Orlando Company

Indication of the missing amount for each letter:

a) = $53,150 ($145,650 - 50,000 - 42,500)

b) = $55,850 (201,500 - 145,650)

c) = $9,200 (201,500 - $192,300)

d) = $119,000 ($140,000 * 85%)

e) = $342,000 ($83,000 + $140,000 + $119,000)

f) = $357,500 ($342,000 + $15,500)

g) = $345,700 ($357,500 - $11,800)

h) = $81,000 = ($149,850 * 100/185)

h) and i) = $149,850 ($213,000 - $63,150)

$149,850 = 185% (100 + 85%)

i) = $68,850 ($149,850 * 85/185)

j) = $231,000 ($213,000 + $18,000)

k) = $9,000 ($231,000 - $222,000)

Explanation:

a) Data and Calculations:

                                                          Job 1         Job 2         Job 3

Direct materials used                       $(a)        $83,000     $63,150

Direct labor                                    50,000      140,000         (h)

Manufacturing overhead applied 42,500         (d)                 (i)

Total manufacturing costs          145,650          (e)           213,000

Work in process 1/1/14                       (b)           15,500        18,000

Total cost of work in process   201,500            (f)                 (j)

Work in process 12/31/14                  (c)            11,800            (k)

Cost of goods manufactured   192,300            (g)         222,000

                                                          Job 1         Job 2           Job 3

Direct materials used                   $53,150     $83,000       $63,150

Direct labor                                    50,000      140,000         81,000

Manufacturing overhead applied 42,500       119,000        68,850

Total manufacturing costs          145,650      342,000      213,000

Work in process 1/1/14                  55,850         15,500        18,000

Total cost of work in process    201,500       357,500     231,000

Work in process 12/31/14              9,200           11,800         9,000

Cost of goods manufactured    192,300      345,700     222,000

a) = $53,150 ($145,650 - 50,000 - 42,500)

b) = $55,850 (201,500 - 145,650)

c) = $9,200 (201,500 - $192,300)

d) = $119,000 ($140,000 * 85%)

e) = $342,000 ($83,000 + $140,000 + $119,000)

f) = $357,500 ($342,000 + $15,500)

g) = $345,700 ($357,500 - $11,800)

h) = $81,000 = ($149,850 * 100/185)

h and 1 = $149,850 ($213,000 - $63,150)

$149,850 = 185%

i) = $68,850 ($149,850 * 85/185)

j) = $231,000 ($213,000 + $18,000)

k) = $9,000 ($231,000 - $222,000)

6 0
2 years ago
With negotiated transfer pricing, what is the minimum transfer price if operating at capacity? What is the minimum transfer pric
dezoksy [38]

Answer:

Minimum transfer price when operating at capacity is the marginal cost + opportunity cost

Maximum transfer price is marginal cost only, when not operating at capacity.

Explanation:

Minimum transfer price when operating at capacity is the marginal cost + opportunity cost because when operating at capacity there are 2 elements involved - the cost at which it has made the units it will be transferring to another department within the organisation, and the profit it would have made if it had sold those units to others (opportunity cost)

Maximum transfer price is marginal cost only, when not operating at capacity because the department is constrained, it can only produce for the satisfaction of internal demand, not external customers; hence there is no case of opportunity costs.

8 0
2 years ago
Small businesses are typically managed by people who started and own them
gayaneshka [121]
<span>That is very true. They are the best people to manage the business since they started it and should know exactly how it needs to be run. If they don't know then their business will more than likely fail for poor management. They may hire other managers but they should always be the decision makers</span>
8 0
3 years ago
This is the interest rate at which commercial banks earned from keeping their excess reserves at the Federal Reserve.
Naya [18.7K]

The interest rate that commercial banks earn from keeping excess reserves at the Fed is A. IORB.

<h3>What is the IORB?</h3>

The full term is, "Interest on Reserve Balances (IORB)" and it is a rate that is paid by the Fed to banks.

This rate is based on the amount of excess reserves that the bank keeps at the Fed to help with its monetary policy.

Find out more on the Interest on Reserve Balances at brainly.com/question/27962333.

#SPJ1

8 0
2 years ago
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