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Oksanka [162]
3 years ago
5

Roland has developed and patented an inexpensive and organic way to enhance the fertility of clay soils without the addition of

chemical fertilizers. Established agricultural chemical companies have rejected his proposals. After six months of promoting his invention during his time off from his regular job, Roland has decided to set his dream aside. Roland lacks a key characteristic of successful entrepreneurs, which is: a. financial slack. b. passion for his invention. c. a corporate sponsor. d. the ability to identify opportunities.
Business
1 answer:
igor_vitrenko [27]3 years ago
3 0

Answer:

Answer is option b, i.e. Passion for his invention.

Explanation:

Roland has almost all the qualities of a successful entrepreneur which includes an innovative mindset, ability to identify new opportunities, but he lacks in being passionate about what he desires to achieve. To start something new and follow one's dream one has to be passionate enough to be consistent and patient. Passion without patience is merely a dream which cannot be realized in true form. Hence, instead of quitting on what Roland had started, he should have searched for some more ideas to influence various agriculture companies.

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Answer: The total of $350,000 will be Maria and Javier's qualified business income.

Explanation:

The amount of guranteed payments, i.e., $500,000 will not be included in the qualified business income. Therefore, their qualified business income is $350,000. Since they are equal partners, we will divide the $350,000 by 2 which will give us $175,000 for each of them.

5 0
3 years ago
A school district's board of directors is deciding whether to use its funds for the construction of a new school or for repairs
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They are gonna use a format of votes
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3 years ago
Elsanora Corporation reports the year-end information from 2018 as follows: Sales (100,000 units) $500,000 Less: Cost of goods s
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Answer:

Results are below.

Explanation:

Giving the following formula:

Unitary selling price= 500,000/100,000= $5

Operating expenses= $1

Depreciation= $20,000

New selling price= 5*1.1= $5.5

Sales in units= 100,000*0.95= 95,000

COGS rate= 0.62

<u>To calculate the net income, we need to use the following structure:</u>

Sales= 5.5*95,000= 522,500

COGS= 522,500*0.62= (323,950)

Gross profit= 198,550

Operating expenses= (95,000 + 20,000)= (115,000)

Net income= 83,550

6 0
3 years ago
A company wants to forecast demand using the simple moving average. If the company uses four prior yearly sales values (i.e., ye
Doss [256]

Answer:

142.5

Explanation:

To determine the price forecast for year 2006 we must find the average price for the prior four years:

price forecast for 2006 = (100 + 120 + 140 + 210) / 4 = 570 / 4 = 142.5

The simple moving average (SMA) is just the average price for the previous years.

5 0
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Answer:

Special clothing and uniform involves only the clothes that are required by work specifics. General clothing such as jeans or work shirt does not belong to this category. Also, the laundry for general clothing is also not covered.

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Cooper's uniforms during the year = $410

Cooper's laundry expenses for the uniforms = $82 + $62 for altering = $144

Brandy's safety glasses and safety shows when working = $80

Therefore, the total deduction is

= $410 + $144 + $80

= $634

8 0
2 years ago
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