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3 years ago

What is an advantage of entrepreneurship

Business

2 answers:

elena55 [62]3 years ago

7 0

Answer:

Let's start by briefly defining what a entrepeneur is. An entrepeneur is one who seeks to start a business in order to have a company. These people are responsible for assuming the economic risks that every company can have.

Then I will tell you some of the advantages of being a entrepeneur so you can choose the one you want:

You manage your own salary. You will not depend on a boss who pays you a salary that you believe is unfair, but you will earn as much money as you can depending on the effort and dedication you put into your company.

You can decide your work schedules and days, this is because you are your own boss, therefore you will work as much as you want.

You will acquire leadership skills and you will be well regarded in front of others.

Margarita [4]3 years ago

6 0

Entrepreneurship comes with its share of ups and downs. The most obvious advantage is the opportunity to be your own boss. Being in charge and making the important decisions regarding your business can be fulfilling, but it can also be challenging.

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Ben is employed as a carpenter and his wife, Marilyn, is a self-employed consultant. Besides Ben’s salary, Ben and Marilyn own a

Alona [7]

Answer:

B. The cost of utilities is deductible for AGI

Explanation:

The entire cost of the utilities would be for AGI deduction assuming no personal use of the condo. The employer portion of Marilyn's self-employment tax would be deductible as well.

Adjusted gross income (AGI) is a measure of income calculated from your gross income and used to determine how much of your income is taxable. It is the starting point for calculating a filer's tax bill in the United States and, among other things, is the basis for many deductions and credits. When filing your taxes online—as about 80% of filers do—the software you use will calculate your AGI for you.

3 0

3 years ago

Ariel wants to compare the salaries for positions she was offered at two companies. What should she consider in this process?

german

Answer:

She should research the cost of living of different locations to compare against the offered salaries.
She should research the benefits included in each offer.

She should research the average salary of similar positions to see if the offers are fair.

Explanation:

Remember, the cost living at the different locations is good basis to determine how much the actual value of he salary will be worth. For instance if location A pays her $5000 a month and her living expenses from the location takes about $4500, while location B pays her $3500 a month with a living expense of $1000, then she rather goes for location B she has more extra income.

Secondly, the benefits included in salaries is also to be considered. Does it includes medical insurance, transport allowance etc.?

Third the average industry pay level would also help Ariel know whether to accept any of the offers or not.

8 0

3 years ago

Read 2 more answers

Sport organizations now seek to make money from “rights fees” paid by

xeze [42]

Sport organizations now seek to make money from “rights fees” paid by: the electronic media that want to sell sport audiences to advertisers.

In every sports match, there is usually a time slot when the match is halted before moving to the next round. This time slot is utilized by the sports organization to be used as an advertisement and will be given to the company with the highest bid.

3 0

3 years ago

Honeycutt Co. is comparing two different capital structures. Plan I would result in 12,700 shares of stock and $109,250 in debt.

Ulleksa [173]

Answer:

Check the following calculations

Explanation:

All-Equity Plan:

Number of shares = 15,000

Plan I:

Number of shares = 12,700

Value of debt = $109,250

Price per share = Value of debt / (Number of shares under All-Equity Plan - Number of shares under Plan I)

Price per share = $109,250 / (15,000 - 12,700)

Price per share = $109,250 / 2,300

Price per share = $47.50

Plan II:

Number of shares = 9,800

Value of debt = $247,000

Price per share = Value of debt / (Number of shares under All-Equity Plan - Number of shares under Plan II)

Price per share = $247,000 / (15,000 - 9,800)

Price per share = $247,000 / 5,200

Price per share = $47.50

5 0

3 years ago

One characteristic of a just-in-time (JIT) inventory system is that :_______

skad [1K]

Answer:

d. parts enter the manufacturing process immediately; they are not warehoused.

Explanation:

The Just in Time inventory system is one where the management of a business increases efficiency and reduces inventory cost by obtaining raw materials for the production process just as they are needed.

This implies warehousing of unused raw materials is at a minimum. Thereby reducing warehousing cost.

So the option most close to JIT inventory method is - parts enter the manufacturing process immediately; they are not warehoused.

This method also requires accurate forecasting get what is actually needed per time.

4 0

3 years ago