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Naddik [55]
3 years ago
6

Anshul worked as an engineer for futurtech. he had many innovative ideas for the company, but most were never explored to his sa

tisfaction. therefore, he left the corporation to start his own business. he applied his ideas and thoughts to this business and finally succeeded. this is an example of ________.
Business
2 answers:
liberstina [14]3 years ago
8 0
<span>The fact that Anshul had many innovative ideas and he applied his ideas and thoughts to this business and finally succeeded is an example of </span>entrepreneurs<span>hip.
</span>Entrepreneurship involves ideas, new solutions and concepts, creating new systems, resources, or processes to produce new goods or services and/or serve new markets.
ivolga24 [154]3 years ago
8 0

Answer:

Entrepreneurship.

Explanation:

Entrepreneurship is the process of setting up a new business. And the person who sets up the business is called Entrepreneur. These businesses are usually small in the beginning but with the passage of time, entrepreneurs' hard work, dedication, innovation, lead this small business to the heights of success.

In this case, Anshul thought that his ideas were not explored to his satisfaction, so he decided to set up his own business where he can openly uses his ideas to their fullest. So he became an Entrepreneur.  

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On January 2, 20X1, Schneider Company issues $100,000 of 6% bonds. The market interest rate is 7%. Interest of $3,000 is payable
krek1111 [17]

Answer:

The answer to this question is $354.47

Explanation:

Firstly, interest payable based on face value of the bond and coupon interest rate is 6%*$100000*6/12,which is $3000 semi annually as given in the question.

However,interest based on market value and market interest rate is $95,842*7%*6/12=$3354.47

In other words, the bond discount amortization is the difference between the two interests as calculated above.

Difference=$3354.47-$3000

                 =$354.47

The necessary entries to pass  in the books of accounts are stated thus:

DR Interest expense        $3354.47

CR Interest payable                            $3000

CR Bond discount                               $354.47

7 0
3 years ago
Facing stiff competition, Hendrix College, a small liberal arts institution in Conway, Ark., decided two years ago to bolster it
Marianna [84]

Answer:

Inelastic

Explanation:

Price elasticity of demand (PED) is the proportional change in quantity demanded of a good or service if the price changes by 1%. The PED is calculated by dividing the percentage change in quantity demanded by the negative percentage change in price.

PED = 37% / -25% = -1.48 inelastic

If PED > 1, elastic demand

If PED < 1, inelastic demand

If PED = 1, unitary demand

6 0
3 years ago
Suppose that a portfolio has a beta of 1.15. Over the period of one year, the portfolio had a return of 12.4% with a standard de
Darina [25.2K]

Answer and Explanation:

Given:

Weighted average β = 1.15

Average return (r) = 12.4%

Risk free return (Rf) = 1.2%

Market return (Rm) = 10.2%

Standard deviation (SD) = 16.2%

Computation of Jensen's α :

Jensen's α = r - [Rf + β(Rm - Rf)]

Jensen's α = 12.4% - [1.2% + 1.15(10.2% - 1.2%)]

Jensen's α = 12.4% - [1.2% + 10.35%]

Jensen's α = 12.4% - 11.55%

Jensen's α = 0.85%

Computation of Treynor's index :

Treynor's index (Ratio) = (r - Rf) / β

Treynor's index (Ratio) = (12.4% - 1.2%) / 1.15

Treynor's index (Ratio) = 11.2% / 1.15

Treynor's index (Ratio) = 9.73913043%

Treynor's index (Ratio) = 9.74% (Approx)

Computation of Sharpe's index :

Sharpe's index (Ratio) = (r - Rf) / SD

Sharpe's index (Ratio) = (12.4% - 1.2%) / 16.2%

Sharpe's index (Ratio) = 11.2% / 16.2%

Sharpe's index (Ratio) = 0.69 13%

5 0
4 years ago
How do the decisions you make as a consumer affect people all over the world?
skad [1K]

Answer:

As a consumer I can influence the economy in different ways. When buying certain product or service, I am signaling that I like that certain product so producer will produce more of that product. In addition, it can help producers to make same but better product, when they see that consumers on the market like it. It also sends the signal to other producers that their product is not as good as competitors. Reason for that can be quality or price, so they will try to change something to stay competitive on the market. In addition to this, the consumer can join private organizations, interest groups, and lobby, influence public officials to vote according to the wishes of that group. In other words, with interest groups, consumers can push their agenda.  

6 0
3 years ago
Read 2 more answers
On the first day of the fiscal year, a company issues an $7,500,000, 8%, five-year bond that pays semiannual interest of $300,00
Sav [38]

Answer:

$7,500,000 in 8% bonds, 5 years to maturity, semiannual coupon ($300,000)

sold at premium for $7,740,000

the journal entry to record the issuance should be:

Dr Cash 7,740,000

    Cr Bonds payable 7,500,000

    Cr Bond premium 240,000

<u>Using the straight line amortization:</u>

amortization per coupon payment = $240,000 / 10 coupons = $24,000

Dr Interest expense 276,000

Dr Bond premium 24,000

    Cr Cash 300,000

5 0
3 years ago
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