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Nutka1998 [239]
3 years ago
14

Which of these are functions of an entrepreneur?

Business
2 answers:
Zielflug [23.3K]3 years ago
7 0
The correct answer is both
lorasvet [3.4K]3 years ago
3 0

Answer:

both

Explanation:

an entrepreneur primarily does the first, but the second is true because taxes are collected on materials which are sold.

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Sorenson LLC, a publicly traded company, has ten members on its board. Of the ten members, six members are employees of the comp
Vesnalui [34]

Answer:

D. 7

Explanation:

Based on the information provided within the question it can be said that they need to appoint a total of 7 outside board members to achieve board independence. This is because in order to achieve board independence the board needs to consist of more members that are not employees than those who are. This is because votes need to be made in accordance to what is best for the company and shareholders, which may not always be best for the employees. Therefore when voting the employees may be biased.

8 0
3 years ago
Sustainable Growth Rate You have located the following information on Rock Company: debt ratio = 46.5%, capital intensity ratio
Sliva [168]

Answer:

The correct answer is 10.72% ( Approx.).

Explanation:

According to the scenario, the given data are as follows:

Debt ratio = 46.5%

Capital intensity ratio = 2.51 times

Profit margins = 21%

Dividend payout = 38%

Formula to calculate sustainable growth rate ae as follows:

Sustainable growth rate = (Earnings retention rate × Return on equity ) / ( 1 - (ROE × RR)

where, Retention rate =(1 - dividend payout rate)

= (1-0.38) = 0.62

ROE = Profit margin × Total asset turonver × Equity multipler

= Profit margin × 1/capital intensity ratio × 1/(1-debt ratio)

= .21 × (1/2.51) × 1/(1-.465)

= .21 × 0.398 × 1.869

= 0.1562

=15.62%

So, Sustainable growth rate = (0.1562*0.62) / 1 - (0.1562*0.62)

= 0.096844 / 0.903156

= 0.1072

= 10.72% (approx.)

Hence, the correct answer is 10.72% (approx.).

7 0
3 years ago
Mark or Make is a bourbon distillery. Sales have been steady for the past three years, and operating costs have remained unchang
schepotkina [342]

Answer:

a. No allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                                 0                0               0

Revenue after Rent paid           140,000   139,000    141,000

Less: Corporate Taxes at 30% <u>42,000         41,700        42,300</u>

Net Income                               <u>$98,000    $97,300    $98,700</u>

<u></u>

Considerations for No Allocation

- Taxes are to be deducted from Gross Profit.

- Rent not to be deducted from Gross Profit.

b. Comprehensive Allocation

                                                      2019       2020       2021

Gross Profit on Sales                350,000  349,000   351,000

Less: Operating Expense         <u>210,000</u>   <u>210,000</u>    <u>210,000</u>

Gross Revenue                         140,000   139,000    141,000

Rent (Prepaid)                            <u>60,000</u>    <u>60,000</u>       <u>60,000</u>

Revenue after Rent paid           80,000    79,000        81,000

Less: Corporate Taxes at 30%  <u>24,000</u>    <u>23,700</u>       <u>24,300</u>

Net Income                                 <u>56,000</u>    <u>55,300</u>       <u>56,700</u>

Considerations for Comprehensive Allocation

- Taxes are to be deducted from Gross Profit.

- Rent is to be deducted from Gross Profit.

c. No allocation distorts Mark or Make’s Net Income for all three years. This is because if Rent is not allocated taxes will be calculated on Gross Revenue. That is to say, Rent is a Non-Operating Expense and hence is to be deducted from Revenue to Calculate the Taxes. When Revenue is reduced, obviously, the taxes will be reduced. Hence, less income is seen in Comprehensive Income Statement and more Revenue is seen in Simple - Non Comprehensive Statement.

4 0
3 years ago
Bdjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj
Mashutka [201]

Answer:

nice lol

Explanation:

5 0
3 years ago
Barry and his wife mary have accumulated over $4 million during their 45 years of marriage. they have three children and five gr
jolli1 [7]

Answer:

49

Explanation:

You just add them together

6 0
3 years ago
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