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Anuta_ua [19.1K]

3 years ago

13

Both the satisfaction of creating new products and the possibility of earning money are _____ for an entrepreneur. (need help fa

st)

2 answers:

kirill115 [55]3 years ago

7 0

Both the satisfaction of creating new products and the possibility of earning money are INCENTIVES for an entrepreneur.

Paraphin [41]3 years ago

7 0

I believe it would be incentives.

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CII, Inc., invests $630,000 in a project expected to earn a 12% annual rate of return. The earnings will be reinvested in the pr

Gelneren [198K]

Answer:

$1,956,684

Explanation:

As the project has a expected annual return, we have to calculate future value of this investment to find how much money Cll, Inc. will have after 10 years to reinvest.

We know,

FV = PV × $(1 + i)^{n}$

Given,

Present Value, PV = $630,000

Annual rate of return, i = 12% = 0.12

Number of period, n = 10 years

Putting the value into the above formula, we can get,

FV = $630,000 × $(1 + 0.12)^{10}$

FV = $630,000 × 3.105848

FV = $1,956,684

$1,956,684 can be reinvested after the liquidation of 10 years.

8 0

3 years ago

One reason some manufacturing companies have moved production from overseas locations back to the United States is an increasing

Liula [17]

Answer:

The key economic idea being exemplified is c) People are rational

Explanation:

The economists’ assumption is that firms and consumers utilize all available information to attain their goals and weigh all costs and benefits of each action taken. Moreover, firms and consumers only choose an action if the benefits exceeds the costs. Therefore, the action of manufacturing firms to move their operations from overseas back to the US due to the increased preference for US manufactured goods exemplifies that consumers and firms rely on all available information when pursuing their goals.

4 0

3 years ago

Using the sequential method, Pone Hill Company allocates Janitorial Department costs based on square footage serviced. It alloca

Tpy6a [65]

Answer:

10% of the Janitorial Department's $450,000 costs is allocated to the Cutting Department

Explanation:

Given:

Costs Square Feet Number of Employees

Janitorial Department $450,000 100 20

Cafeteria Department $200,000 10,000 10

Cutting Department $1,500,000 2,000 60

Assembly Department $3,000,000 8,000 20

Cafeteria Cutting Assembly Total

Department department department

Square feet 10,000 2,000 8,000 20,000

% of allocation 50% 10% 40%

$\frac{10,000}{20,000}$ × 100 $\frac{2,000}{20,000}$ × 100 $\frac{8,000}{20,000}$ × 100

Hence, % usage by the cutting department is 10%

5 0

3 years ago

The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde

lbvjy [14]

Answer:

Exercise 15-8

1. Raw materials purchases for cash.

Raw Materials $210,000 (debit)

Cash $210,000 (credit)

2. Direct materials usage.

Work In Process : Indirect Materials $186,000 (debit)

Raw Materials $186,000 (credit)

3. Indirect materials usage.

Work In Process : Direct Materials $15,000 (debit)

Raw Materials $15,000 (credit)

Exercise 15-9

1. Direct labor usage.

Work In Process : Direct Labor $265,000 (debit)

Salaries and Wages Payable $265,000 (credit)

2. Indirect labor usage.

Work In Process : Indirect Labor $80,000 (debit)

Salaries and Wages Payable $80,000 (credit)

3. Total payroll paid in cash.

Salaries and Wages Payable : $345,000 (debit)

Cash $345,000 (credit)

Explanation:

Raw Materials - T Account (To determine the Materials Transferred to Production)

Debit

Opening Balance $ 43,000

Add Purchases $210,000

Totals $253,000

Credit

Closing Balance $ 52,000

Transferred to Production (Balancing figure) $201,000

Totals $253,000

Thus, Direct Materials = $201,000 - 15,000 = $186,000

3 0

3 years ago

Hazel decided to offer her employees a bonus of $100 for ideas on how to improve the business, and they provided several good id

Aleks04 [339]

Answer:

Firstly by sending him a check for $100, Hazel informs him that she adopting the idea and because it his idea he can use the loopholes of the competitor's advantage.

Hazel might be sued for using the idea for her business as the idea is now an idea of a competitor.

Explanation:

3 0

3 years ago