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3 years ago

The difference between the small business owner and the entrepreneur is that the entrepreneur:_________

Business

1 answer:

kirill [66]3 years ago

3 0

Answer:

Option A

Explanation:

The difference between the small business owner and the entrepreneur is that the entrepreneur "assumes the risk of the business manages" or option A. A entrepreneur is a person who manages and runs a business or businesses taking on more risks as the financial advisor so if we are talking differences of a business owner and a entrepreneur, a entrepreneur understands and takes on the risk of managing the business or businesses while a business owner manages one business not knowing the risk of managing one.

Hope this helps.

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Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a

damaskus [11]

Answer:

$288 (F)

Explanation:

In order to calculate activity variance we subtract actual results from the flexible budget. Moreover, the flexible budget is determined by taken into account both fixed and variable expense of the activity. This is shown below:

Flexible Budget of Selling and Administrative Expense = 25,900 + (2.1 x 5,980) = $38,458

Variance = 38,170 - 38,458 = $288 (F)

Because the actual expense is less than the flexible budget, the variance is favorable (F).

Note: Variable flexible budget is calculated by multiplying the variable rate with the actual units produced.

5 0

3 years ago

1. For a given meal, a chef may prefer grilling to baking because it

tangare [24]

[] Answer []

$\boxed{Produces \ more \ intense \ flavor}$

[] Explanation []

For a given meal, a chef may prefer grilling to baking because it <u><em>produces more intense flavor</em></u>.

Chef - Cooks instead of bakes (Uses stovetop)

Baker - Bakes instead of cooks (Uses oven)

When cooking, you are making meals and entrés, instead of pastries and baked goods. When cooking, a chef always wants to let out he most flavor he can. This is why he grills. When grilling, you cook your food in oil, butter, marinade, etc. All these flavors soak into the food, causing it to erupt with flavor. This is why when a chef cooks meat, he lets it soak in marinade, butter, wine, herbs, etc. first, then cooks them in it second. This entices the flavor, causing it to to be more tasteful and delightful.

A chef prefers to grill because it pulls out the flavor, where-as baking is a slower, less intense method of producing / cooking food. Baking is more bland and does not create a superb audience. When cooking something, you are allowing your food to soak in grease, wine, etc. When baking something, your food sits there slowly without any interaction too much flavor.

$\boxed{[] \ Eclipsed \ []}$

4 0

4 years ago

Indicate whether the demand of below goods is elastic or inelastic. Think about each good in terms of the typical person's quant

dexar [7]

Answer:

Elastic Demand : a , b , c

Inelastic Demand : d , e , f

Explanation:

Demand Elasticity is responsiveness of quantity demanded to price change. If demand responds more to price change, Demand is Elastic. If demand responds less to price change, Demand is Inelastic.

If goods have non necessary consumption or/ & have more substitutes, its demand can be reduced or shifted to other alternatives easily. So, such demand is Elastic. If goods have necessary consumption or/& have less substitutes, demand can be reduced or shifted to other alternatives easily. So, such demand is Inelastic.

a, b , c : 'Cocoa' Pebbles cereal, 'Tropicana' Orange Juice, Fast food in mall food court - Are single brands or sellers of a good among many competitors, so scope of substitution make their demand elastic.

d , e , f : blood pressure and diabetes medication, public water and other utilities - are necessity goods and cigarettes if smoke 3 packs a day - implies the person is addicted to its consumption. So, their demand is Inelastic.

3 0

3 years ago

Admitting New Partners Who Buy an Interest and Contribute AssetsThe capital accounts of Trent Henry and Tim Chou have balances o

tamaranim1 [39]

Answer:

Explanation:

The journal entries and the computations are shown below:

a. Henry's Capital A/c Dr $32,000

Chou's Capital A/c Dr $25,000

To Gilbert's Capital A/c $57,000

(Being the admission of Gilbert is recorded)

The calculation would be

For Trent Henry

= Capital balance × interest buyed

= $160,000 × 1 ÷ 5

= $32,000

For Tim Chou

= Capital balance × interest buyed

= $100,000 × 1 ÷ 4

= $25,000

b. Cash A/c Dr $90,000

To Clarke's Capital A/c $90,000

(Being the contributed amount is recorded)

c. Capital balances would be

Particulars Henry Chou Gilbert Clarke

Capital before admission $160,000 $100,000

Amount after Admission -$32,000 -$25,000 $57,000 $90,000

New Capital balances $128,000 $75,000 $57,000 ,$90,000

6 0

4 years ago

What is prospecting?

IRINA_888 [86]

Answer:

B. Searching for potential buyers

Explanation:

it's the first step in the sales process, which is to identify potential customers (aka prospects) and to develop a database of likely customers and then systematically communicate with them in hopes of converting them to a current customer

4 0

3 years ago

Read 2 more answers