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3 years ago

What are the opportunities of an entrepreneur

1 answer:

8 0

Definition: the skill and risk taking ability of the person who brings the other resources or factors of production together to produce a good or service e.g. the owner of a business. These people are called entrepreneurs

Opportunities of an entrepreneur:
• involves the sale or lease of any product, service, equipment that will enable the purchaser-licensee to begin a business.
• invest in (multiple) businesses
•quality content
• foreign markets
•crowdfunding

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____________ is a completely inadequate mechanism ____________________ in a modern advanced economy. Question 21 options: Curren

choli [55]

Answer:

Barter; for trying to coordinate trades

Explanation:

The barter is the system where the goods or services are exchanged with another goods or services. Here no money involvement is there

Only goods or services are exchanged with the different good or services

So it is a complete non-adequate mechanism and it should be tried for coordinating the trades

Therefore the above option should be considered

3 0

3 years ago

Alpha Company is looking at two different capital structures, one an all-equity firm and the other a levered firm with $4.6 m

Aleks [24]

Answer:

The break-even EBIT using EPS is $1,288,000.

Explanation:

the break-even EBIT using EPS is the EBIT that will brings EPS under two different capital structure equal.

Denot X is the EBIT.

* We have:

+ EPS in all-equity firm = X/460,000

+ EPS in levered firm = ( X - interest rate)/230,000 = ( X - 4,600,000 x 14%)/230,000 = (X - 644,000) / 230,000.

* We have the equation:

X/460,000 = (X-644,000)/230,000 <=> X/460,000 = 2.8 <=> X = $1,288,000.

So, the break-even EBIT using EPS is $1,288,000.

8 0

3 years ago

Zeke's Zipline Adventures sold a bus used in the business for $16,000. Zeke's original cost of the bus was $15,000 and the adjus

elena55 [62]

Answer:

sorry, i just want the points.

Explanation:

6 0

3 years ago

Troy Enterprises uses a continuous review inventory control system. The firm operates 50 weeks per year, with an annual demand o

timurjin [86]

Answer:

Safety Stock is 336.62 units

Explanation:

As per given data

Demand = D = 50,000

Ordering Cost = S = $35

Holding Cost = H = $1 per unit per year

Weekly Demand = Demand / 50 weeks = 50,000 / 50 = 1,000 units per week

Weekly Demand during Lead time of 3 weeks = 1000 x 3 = 3,000 units

Standard Deviation = 216.51 units

Desired Service level = 94%

The Z score at 94% service level is 1.55477

Safety Stock = Zscore x standard deviation = 1.55477 x 216.51

Safety Stock = 336.62

8 0

3 years ago

Kingbird, Inc. assembled the following information in completing its March bank reconciliation: Balance per bank $21800 Outstand

igomit [66]

Answer:

Kingbird will have an Updated Cash Balance of $21,800

Explanation:

First Step is to Update the Bank Balance in the Cash Book

Debit :

Cash Balance before adjustment $25,080

Dishonored Cheques $460

Totals $25,540

Credit:

Bank service charge $145

Balance as per updated Cash Book $25,395

Totals $25,540

Then Prepare a Bank Reconciliation Statement

Bank Reconciliation Statement

Balance at Bank as per Cash Book $25,395

Add Unpresented Cheques $7,150

Less Lodgements not yet credit ($4,425)

Balance as per Bank Statement $21,800

Conclusion.

Kingbird will have an Updated Cash Balance of $21,800

8 0

3 years ago