Answer
It’s not accurate but...,
Entrepreneur is an individual who creates business
Bearing most of the risks and enjoying most of the reward
Commonly seen as an innovator, a source of new ideas, goods, service and business
Hope it helps at least a little
Sorry if it’s not correct or useless
Accounting adds and subtracts numbers billing etc.
Bookkeeping just organizes and stores imformation.
Answer:
a. The initial remittance is the same as the initial margin requirement of $3,000.
b. The profit is;
= 100 ounces * ( 1,005 - 1,000)
= $500
Return is;
= Profit/ Margin
= 500/3,000
= 16.67%
c. The loss is;
= 100 * ( 1,000 - 998)
= -$200
d. If the futures price declines to $984, what must the speculator do?
Depends on if the maintenance requirement is still below the balance.
= 3,000 - 100 * (1,000 - 984)
= $1,400
This is below the maintenance margin of $1,500 and so the speculator will have to deposit an amount that will take it back to the original margin requirement.
= 3,000 - 1,400
= $1,600
Speculator should deposit $1,600.
e. = 3,000 - 100 (1,000 - 982)
= $1,200
Answer:
Shape of the production possibility frontier curve.
Explanation:
Production possibility frontier curve is the graphical representation of various combination of two goods that a firm can produce by the given technology or other factors of production.
Opportunity cost in this context refers to the amount of one good is sacrificed for producing one extra unit of other commodity. The opportunity cost is normally related with the share of the production possibility curve. If the PPF curve is a horizontal line, then the opportunity cost remains the same over the different level of production of goods.
Answer:
Option (C) is correct.
Explanation:
Given that,
Megan’s balance sheet shows:
Total assets = $27,600
Total debts = $32,500
Net worth is the difference between total assets and total liability.
Net worth = Total assets - Total debts
= $27,600 - $32,500
= -$4,900
Therefore,
Megan’s balance sheet shows the negative worth of $4,900.