Answer:
1. Aunt Sandy's Jammin' Jellies (the business) - <u>Entrepreneurs </u>
Entrepreneurship refers to the process of bringing together the various other factors of production to be able to produce goods and services. Aunt Sandy's as a business is an entrepreneur as it brought together factors of production to make Jellies.
2. Anika, a server at Sonic Drive-In - <u>Labor</u>
Labor refers to the actual people who contribute to the business. Anika is a server at the Drive- In and so works there contributing to the success of the business so she is Labor.
3. Your favorite bartender - <u>Labor</u>
Like Anika above, your favorite bartender is also a person contributing to the success of the bar so is considered labor.
Answer:
Nacy would save 1,378 dollar if she perofrm this saving plan.
Explanation:
It will be an Euler sum
In this case the last term is 52
Sn = 1.378
The explanation is that we can arrenge the term to generate sum of 53:
1 + 52
2 + 51
3 + 50
.......
25+28
26 + 27
In total there is 26 of this sums
53 x 26 = 1,378
If we notice 26 is half the value of n so we got:
we can also express 52 in term of n+1 achieving the Sn formula:
Three equivalent ways to measure GDP are total production, total income, and total expenditure.
Answer:
$880
Explanation:
Sales excluding sales tax
11880/(1+0.08)
11880/1.08
= $11,000
Sales tax payable =
Total sales including sales tax - Sales excluding sales tax
= $11,880 - $11,000
= $880
Therefore, sales tax payable is $880
Answer:
The statement that is false here is A) trailing P/E ratio are used for valuation because it is based on actual not expected earnings.
Explanation:
For the valuation purposes , the most preferred P/E ratio is forward P/E ratio, not the trailing P/E ratio because here we are more concerned about future earnings not the current. These forwards earnings are the earnings which are expected over the coming year or 12 months of time.