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mario62 [17]
3 years ago
13

Andy Yocom saw prime advertising space on the flags on the golf course. He reasoned that any marketing messages would get promin

ent attention if they were placed on the flags since golfers focus on them when they take their shots. As a result Yocom used his own initiative and money to start Invision Golf Group Inc. Yocom is an example of a(n):
A. Entrepreneur
B. Venture capitalist
C. Capitalistic adventurer
D. Franchiser
E. Ultra-capitalist
Business
1 answer:
german3 years ago
5 0

Answer:

A. Entrepreneur

Explanation:

Andy Yocom is an entrepreneur, because he saw a market opportunity, took a financial risk (he had to finance the advertising in the golf course, either with his own capital, or by taking up debt), hoping to recover the investment in the near-future, and earn a profit as well.

That is what entrepreneurs do: they try to find market opportunities, set up businesses to meet take advantage of those opportunities, assuming financial risks in the process, with the hopes of earning a profit afterwards.

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Asbestos is commonly found in buildings and structures built before what year ?
Verdich [7]

I just recently learned this myself due to buying an old farm house that was built in the 1970's. Asbestos is commonly found in buildings and structures built before 1981 and is a very harmful thing if inhaled into the body.

6 0
3 years ago
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On july 1 of the current calendar year, plum co. paid $7,500 cash for management services to be performed over a two-year period
morpeh [17]

Dec 31              Management Services ....................................$1875

                           To Prepaid Expenses.....................................................$1875

(Being prepaid expenses recognised for the year)


6 0
3 years ago
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In the underground city of Neverwhere, GDP is $15 trillion, consumption is $10 trillion, and government spending is $2.5 trillio
9966 [12]

Answer:

$3 trillion

Explanation:

Given that,

GDP = $15 trillion

consumption = $10 trillion

Government spending = $2.5 trillion

Taxes = $1 trillion

Net capital inflow = $0.5 trillion

Investment:

= GDP - Consumption - Government spending + Net capital inflow

= $15 - $10 - $2.5 + $0.5

= $3 trillion

We know that savings is equal to investment spending.

Therefore, the total savings for the economy of Neverwhere is $3 trillion.

8 0
3 years ago
Which of the following is true concerning cost drivers for the predetermined overhead rate in a process-costing system?
Georgia [21]

Answer and Explanation:

c. If direct labor cost is the cost driver, direct labor and manufacturing overhead may be combined into the single element of conversion cost.

5 0
3 years ago
"If I didn't have class tonight, I would save the $4 campus parking fee and spend four hours at work where I earn $10 per hour."
Allushta [10]

Answer:

total opportunity cost is $44

Explanation:

given data

parking fee = $4

earn = $10 per hour

time = 4 hour

to find out

opportunity cost

solution

we first find 4 hour earning that is

earning = earn × time

earning = 10 × 4

earning in 4 hours = $40

and

saving = $4

so total opportunity cost = saving + earning

total opportunity cost = $4 + $40

so total opportunity cost is $44

8 0
2 years ago
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