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3 years ago

Why do you think entrepreneurship is important to the economy?

Business

1 answer:

Nady [450]3 years ago

7 0

Answer:

Entrepreneurship is very important as it aims to create wealth for a new group of individuals, this generates an improvement in their quality of life and boost consumption.

Explanation:

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Franklin, Inc. has two divisions, Seward and Charles. Following is the income statement for the previous year: Seward Charles Sa

stealth61 [152]

Answer:

The amount incurred by Charles division in the direct fixed cost is $20,250

Explanation:

The computation of the amount incurred in the direct fixed cost is shown below:

Direct fixed cost is

= Charled fixed cost - common fixed cost ÷ 2

= $170,700 - ($300,900) ÷ 2

= $170,700 - $150,450

= $20,250

hence, the amount incurred by Charles division in the direct fixed cost is $20,250

We simply applied the above formula so that the correct value could come

And, the same is to be considered

4 0

3 years ago

Newly issued securities are sold to investors in which one of the following markets?A. ProxyB. InsideC. SecondaryD. Primary

Harrizon [31]

Answer:

D. Primary

Explanation:

The newly issued securities are first sold to the investors of the primary market .

The primary market id responsible for issuing the securities for the exchange of the company , or other groups .

The primary market are run by the underwriting groups which includes the investment banks .

Hence , from the information of the question , the correct term is ( d. ) Primary market .

7 0

3 years ago

Which of the following is typically NOT led by a company's Human Resource department?

LUCKY_DIMON [66]

Answer: they dont file complaints

Explanation:

5 0

3 years ago

Homework American Corporation has the following financial information.

zavuch27 [327]

Answer:

A. Cash = 21% increase, A/R = 22% increase, Inventory = 17% decrease.

Explanation:

A base year can be described as a year that is used as a reference year for comparison with other years.

To calculate the percentage increase/decrease of each current asset amount of Homework American Corporation, the following formula is used suing Year 1 as the base year.

Percentage increase/decrease = [(Year 2 amount - Year 1 Amount) / Year 1 Amount] * 100 .............................. (1)

Using equation (1), we have:

Percentage increase/decrease in Cash = [($245.90 - $202.95) / $202.95] * 100 = [$42.95 / $202.95] * 100 = 0.21 * 100 = 21% increase

Percentage increase/decrease in Accounts Receivable (A/R) = [($485.34 - $398.02) / $398.02] * 100 = [$87.32 / $398.02] * 100 = 0.22 * 100 = 22% increase

Percentage increase/decrease in Inventory (A/R) = [($648.54 - $785.12) / $785.12] * 100 = [-$136.58 / $785.12] * 100 = -0.17 * 100 = 17%

Based on the calculations above, the correct option is e. A. Cash = 21% increase, A/R = 22% increase, Inventory = 17% decrease.

4 0

4 years ago

Samanderson, Inc. is in the business of selling ceramic bowls. It has two departments - molding and finishing. Molding departmen

Nadusha1986 [10]

Answer:

Samanderson, Inc.

The total conversion costs for the month of July is:

= $2,500

Explanation:

a) Materials purchased, 650 kgs at $210 = $136,500

Units started 3,500

Units transferred out 3,200

Ending units 300 55% complete

Materials Conversion Total

Costs incurred $136,500 $2,500 $139,000

Equivalent units:

Units transferred out 3,200 3,200

Ending work in process 300 165

Total equivalent units 3,500 3,365

Cost per equivalent unit:

Materials Conversion

Costs incurred $136,500 $2,500

Total equivalent units 3,500 3,365

Cost per equivalent unit $39 $0.7429

Cost assigned to:

Units transferred out $124,800 (3,200 * $39) $2,377 (3,200 * 0.7429)

Ending work in process 11,700 (300 * $39) 123 (165 * 0.7429)

5 0

3 years ago