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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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The following information pertains to the three divisions of Merrymount Company: Division X Division Y Division Z Sales ? ? 1,25
Digiron [165]

Answer:

The average operating assets for Division Y = $125,000

Explanation:

Divisions                                     Y

Sales                                           ?

Net Operating Income           25,000

Average operating assets         ?

Return on Investment               20%

Margin                                       0.05

Turnover                                      ?

Target ROI                                  12%

Since we need average operating assets for division Y, we include those.

We know,

Return on Investment = Net Operating Income/ Average operating assets.

Return on investment is the ratio that is used to measure the company's profitability by using the efficient use of operating assets.

Therefore,

20% = $25,000/Average operating assets

Average operating assets x 20% = $25,000

Average operating assets = $25,000/20%

Average operating assets = $25,000/0.20

Average operating assets = $125,000

7 0
3 years ago
Harry owns long-term investments in a public company. These investments pay him every year, by law, and expire ten years after t
Amanda [17]

Answer:

Convertible Bonds

Explanation:

Convertible Bonds are debt securities which yield annual coupon rate of return, are redeemable after a period and during their life provide an option to the holder of such securities to get these converted into common stock based upon the conversion ratio.

Conversion ratio refers to the number of common stock that would be issued in return for a bond.

In the given case, Harry holds a security which provides him fixed return by law i.e obligatory for the borrower to pay him interest every year, expire after 10 years i.e period to maturity in addition to allowing him a conversion ratio of 50 i.e 50 common stocks for every bond held.

Thus, Harry owns a 10 year convertible bond.

5 0
3 years ago
Florence deposited ₱ 14,800 in a bank that gives 4.35% simple interest. after 2years 4months, she went back to the bank to check
Nadusha1986 [10]

Answer:

₱ 16,300.054

Explanation:

The formula for calculating simple interest is as below.

I= p x r x t

In this case, p= 14,800, r = 4.35% and t is 2 years and 4 months

the interest rate is in years; we need to convert two years and four months to years.

=4 months = 4/12 of one year = 0.33

2 years 4 months = 2.33 year

I= 14,800 x 4.35/100 x 2.33

I= 14,800 x 0.0435 x 2.33

I=1,500.054

the amount in the bank will be principal plus interest

=14,800 + 1500

=16,300.054

5 0
3 years ago
Cash received before services are performed may be recorded as a debit to a cash account and a credit to a liability account is
Lana71 [14]

Answer:

The correct answer is: Unearned Revenue.

Explanation:

Unearned Revenues are advance payments that a company or individual collects for products and services that it has not yet rendered or delivered. Other terms for unearned revenue are advanced payments or deferred revenue. Unearned income must be debited to a cash account and credited to a liability account in compliance with the Generally Accepted Accounting Principles (GAAP).

7 0
3 years ago
Fill in the blanks:
givi [52]

Answer:

Explanation:

Suppose NanoSpeck, a biotechnology firm, is selling bonds to raise money for a new lab-a practice known as DEBT_ finance

Buying a bond issued by NanoSpeck would give Paolo _business interest in _______ the firm

In the event that NanoSpeck runs into financial difficulty, BONDS _______ will be paid first.

.

7 0
3 years ago
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