Answer:
Entrepreneurial thinking helps you stay ahead of others at work. It helps you tackle the ever increasing competition and rise through ranks. Your ability to identify problem quicker and provide solution timely is likely to put forward the best of you in front of your employer.
It allows for more flexibility in you. Entrepreneurial thinking can change your attitude towards th organization as well as yourself. Through the flexibility that it allows, it enables you to adapt to the changing environment such as the changes in competitive landscape, market dynamics, and consumer trends/demands etc. Little or no time is wasted in resistance towards the change, speeding up your career growth.
An entrepreneurial mindset provides individuals with the ability to adapt to certain conditions effectively.
Having an entrepreneurial mindset will encourage creativity. If you’re open to innovation and willing to take risks, you’ll be more likely to think outside the box. If something isn’t working well, there may be more than one fix, and you shouldn’t always fall back on the simplest or safest method. Critical thinking is the key to a successful business, and being willing to find creative solutions even if it might mean more work will help your business greatly in the long run.
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Occasionally our economy experiences an unusual combination of rising prices and high unemployment. economists have given this unusual pairing the name stagflation.
Stagflation is a combination of the words ‘stagnation’ and ‘inflation’. It refers to the economic trend where there is rising prices yet high levels of unemployment.
It leads to an intractable situation where policy initiatives to boost economic growth such as expansionary monetary policy worsens the inflation rate, while attempts to rein in inflation has a further dampening effect on the economy. It is often caused by poor economic policies.
Stagflation was observed in the US economy during the oil crisis of the 1970s that caused a major recession. But inflation and unemployment rates were at a high during this time.
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Answer: 9.25 per unit
Explanation: compute the differences over the years
Answer:
$136,500 long term capital gain
Explanation:
First of all, we must adjust SOA's cash since it has to pay taxes for the $90,000 gain. Its marginal tax rate was 30%, which means it must pay $27,000 in taxes (= $90,000 x 30%). So SOA's cash account will decrease to $173,000.
The total value of SOA's assets is $473,000 ($500,000 - taxes) which includes:
- cash: $173,000
- inventory: $80,000
- land and building: $220,000
When the assets are liquidated, the proceeds should be equally divided between Kevin and Bob, so each will get $236,500. Since Kevin's basis is $100,000, he should report a $136,500 long term capital gain (= $236,500 - $100,000).
