An entrepreneur is a person who organizes and manages any enterprise, especially a business, usually with considerable initiative and risk.
Answer:
The correct answer is letter "D": A market system.
Explanation:
Economic decisions and prices in a market system or market economy are decided by market forces rather than by central planning. Market forces apply, according to their free will, to the cumulative impact of all decisions made by individual actors in the market, such as customers and businesses. Businessmen control the productive resources and goods and services prices to generate profit.
Answer:
See bekow
Explanation:
Number of direct labor hours = 555,000 / 15 = 37,000
Overhead cost = $57,000 + $158,500 + $28,800 + $22,100
It is minium because it is going down
Answer:
$191,000.00
Explanation:
The cash amount of cash collected from customers is the amount of sales revenue in the year 2018 adjusted for changes in accounts receivable balances as shown by the formula below:
cash collected from customers=sales revenue+begining accounts receivable-ending accounts receivable
sales revenue=$202,000
the begining accounts receivable=$16,500
the ending accounts receivable=$27,500
It is expected that cash received would be sales less the increase in accounts receivable
cash collected from customers=$202,000+$16,500-$27,500
cash collected from customers=$191,000.00
