All categories

2 years ago

Select all the correct answers.

1 answer:

6 0

All of the given questions are part of the critical questions that entrepreneurs need to ask themselves. Being an entrepreneur needs a lot of thinking and planning and these questions should be taken into account. Running a business would include the location fit for the type of business you have, the structure of your business, how you recruit workers and the incentives you give them, and most importantly, your capital.

You might be interested in

Which of the following indicates that the functional currency of a foreign subsidiary is the US dollar? Group of answer choices

andrey2020 [161]

Answer:

C) Sales markets of the foreign entity are primarily in foreign countries.

Explanation:

The US dollar is the most commonly used currency in the world, and most of foreign trade is carried out using the US dollar. If the foreign entity sells most of its production overseas (exports) then they will use the US dollar as their functional currency since all their exports will be valued in US dollars.

6 0

2 years ago

A profit-maximizing entrepreneur rents an apple orchard for a day. He is a price taker in both the market for labor and the mark

yaroslaw [1]

Answer:

c. 5

Explanation:

L Q MPL (ΔinQ/ΔinL) VMPL

4 52

5 60 8 80

6 66 6 60

7 70 4 40

8 72 2 20

Note: Labour hired per day = L, Total product = Q, Marginal Product of labor=MPL, VMPL =Price*MPL

A firm will maximize the profit by increasing the number of labor as long as VMPL is higher than or equal to the wage rate. In this case, we observe that VMPL ($80)>wage rate ($75) for L=5 but VMPL ($60)<wage rate ($75) for L=6. So, the optimal number of labor to be hired is 5.

7 0

2 years ago

Off-balance-sheet activities consist of issuing financial instruments such as various types of guarantees and engaging in deriva

kramer

Answer:

True

Explanation:

Off balance sheet items are transactions that generate fees for the business (such as guarantees), and to hedge against future loss (such as futures investments).

Meaning assets and liabilities that are deferred or contingent to business success.

4 0

2 years ago

When a third party knows that an agent is acting on behalf of a principal, but does not know the identity of the principal, the

Amanda [17]

Partially disclosed or unidentified

5 0

2 years ago

Your company, a small start-up corporation, buys raw materials from Regina Fabrics on credit. Because her company has had severa

Goryan [66]

Answer: See explanation

Explanation:

I believe that the main thing here that can favor my company is if there's documentation for every process involved with my dealings with Regina Fabrics.

This could have been solved if she didn't reject the cash that was offered to her company after two months, so there should be a formal documents that shows that she rejected the cash which should be acknowledged and signed by her. Also, the monthly payments received by her should be documented as well.

With regards to the above, if there is a formal documentation in place, then I won't have to pay as the guaranty but if this isn't in place, then I may have to pay since there won't be evidences against her.

8 0

2 years ago