Answer:
<em>c. someone who initiates and assumes the financial risk of a new business enterprise.</em>
Explanation:
<em>From the following OPTION, the OPTION which best describes Francine as a entrepreneur is OPTION (C).
</em>
Because firstly the scenario which is presented, describes her as an entrepreneur as she wants to mange the investments and want to lead the company. And secondly, that she also assumes the financial risk of the new company which is been inaugurated by her.
A free enterprise system allows the supply and demand of consumers to determine the success or failure of an economic endeavor.
<h3>What is a free enterprise?</h3>
It should be noted that a free enterprise simply means the freedom of individuals and businesses to regulation.
Here, free enterprise system provides individuals the opportunity to make their own economic decisions without restrictions.
Learn more about free enterprise on:
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Answer:
11.57 is the book value per share.
Explanation:
Given: Total common equity= $2050000.
Total number of outstanding shares= 190000
Net Income= $250000
Dividend paid out= $100000.
We know the formula for finding book value per share at 12/31/2015.
Book value per share=
First, lets find out accumulated earning.
Accumulated earning=
Accumulated earning=
∴Accumulated earning= $ 150000.
Now, Book value per share=
⇒ Book value per share=
∴ Book value per share= $11.57.
Answer:
a. Taiwan has a comparative advantage over other countries and Taiwan will export soybeans
Explanation:
In the case when the domestic price is less as compared to the world price so here it means the taiwan would have the comparative advantage over the other countries due to this the taiwan would export the soybeans
So as per the given situation, the option a is correct
And, the same should be considered and relevant