An entrepreneur, generally, is someone who starts and runs a business. While an entrepreneur may do odd jobs here and there for other people/companies, he/she is generally self-employed and building a personal brand of some kind.
Answer:
c. incurring a loss per unit of $2.00, but since it can still cover its variable costs, should continue to operate.
Explanation:
Profit and loss analysis is done by a business to see the viability of producing a product, considering the revenue and cost incurred.
The revenue of the company is price of the product less fixed cost and variable cost. That is 10-8-4= -$2.
The company is making a loss of $2 per product sold.
However considering only variable cost revenue is 10-8= $2. That is a $2 profit.
The company should keep producing because the revenue it makes on variable cost will account for the fixed cost (does not change) with increased production.
For example if the company produces 5 units the profit is (10*5)-(8*5)-4= $6
Answer:
jobless
Explanation:
someone who depend on other people
Answer:
The CEO may decrease the firm's financial leverage, thus lowering the firm's total leverage.
Explanation:
Earnings per share is defined as the amount that is earned per unit of a companie's share in a particular period.
When there is variability in EPS of a company investors tend to lose confidence in performance of the company.
This is because positive performance in one period may not be sustained in the next period.
In order to reduce variability the CEO may decrease the firm's financial leverage, thus lowering the firm's total leverage.
Leverage is the use of debt to buy more assets. Reducing high leverage of the company will reduce the amount the company is obligated to pay other parties. So earning are not affected by debt repayment.
This will reduce variability in EPS.
Answer:
The manager's income if revenues are $2,000,000 and profits are $500,000: $95,000
Explanation:
The firm manager earns 0.5 percent of all sales. If revenues are $2,000,000 and profits are $500,000,
The firm manager earns from sales = $2,000,000 x 0.5% = $10,000
The manager has a base salary of $85,000
The manager's income = manager 's base salary + earns from sales = $85,000 + $10,000 = $95,000