If you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.
<h3>What is entrepreneurial?</h3>
Entrepreneurial can be defined as the process in which a person take the risk to engage in a business due to the profit they will generate from the business.
Entrepreneurial method or process has to do with finding someone that will help to test your new idea.
Therefore if you find a strategic partner or contact friends to test out your new idea, you are using the <u>entrepreneurial</u> method.
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Answer:
The budgeted cash disbursements for August are $532,000
Explanation:
Amount of cash the company pays for purchases in August:
30% x Materials purchases in July + 70% x Materials purchases in August = 30% x $250,000 + 70% x $420,000 = $369,000
The budgeted cash disbursements for August = Cash paid for purchasing materials + Wages Expense + Purchase of office equipment + Selling and Administrative Expenses = $369,000 + $60,000 + $64,000 + $39,000 = $532,000
Noted: Depreciation is a non-cash accounting expense, so it doesn't involve cash flow
Answer:
As long as you remain within the casino's walls, chips fit the definition of currency; that is, they serve as a means of exchange, an account unit, and a value store. Once you leave the casino, chips don't work very well as money but many kinds of money don't work well in other places.
It's hard, for example, to spend money from Turkey or Brazil on your local supermarket or the movie theatre.
Answer:
$14,747,642
Explanation:
Data provided in the question
Issued amount = $15,000,000
Coupon rate = 7.8%
Time period = 20 years
Yield to maturity is 8%
So for computing the carrying value of the bonds
First we have to compute the discount amortization for 3 years which is shown below:
= ($15,000,000 - $14,703,108) ÷ 20 years × 3 years
= $44,533.80
So, the carrying value of the bonds
= $14,703,108 + $44,533.80
= $14,747,642
Answer: Efficiency
Explanation:
Efficiency shows the highest performance level that utilizes the smallest amount of inputs to attain the biggest amount of output. Efficiency is the act of reducing unnecessary resources used in the production of a given output.
Efficiency reduces the waste of resources like energy, physical materials, and time albeit achieving the desired output. It is the aim of every organization to get the best results using the least cost. Southwest Airlines is efficient in its production since it uses its assets and time well.