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3 years ago

Entrepreneurs are best characterized as

Business

1 answer:

Katarina [22]3 years ago

7 0

Answer:

Entrepreneurs are best characterized as aggressive catalysts for change

Explanation:

When you take a look at new businesses that, in the end, became showbiz royalty, either by developing into a significant partnership or by getting sold for a considerable whole of cash, you see likenesses about the organizations. Business is going to dole out steady difficulties, some of which you've just considered yet a large number of which you'll never observe coming.

What's more, it's about something other than business openings and obstructions - your own life will also be tested. Laborers, accomplices, and financial specialists all need to confide in you as a business visionary too.

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Steve Pratt, who is single, purchased a home in Spokane, Washington, for $347,500. He moved into the home on February 1 of year

Lana71 [14]

Answer: $107,500

Explanation:

There is an "Exclusion of gain on sale of home" provision by the IRS that allows for a single tax payer to exclude up to $250,000 from the sale of their primary home. A home qualifies as primary if the owner has lived in it for 2 years or more so Steve's home here is a primary home.

The gain he received was:

= 705,000 - 347,500

= $357,500

From this gain, $250,000 can be excluded so total gain recognized:

= 357,500 - 250,000

= $107,500

6 0

3 years ago

The following events occurred for Favata Company:_________

Kipish [7]

Answer:

Cash 16500 Dr

Common Stock 16500 Cr

Cash 13500 Dr

Notes Payable 13500 Cr

Equipment account 1450 Dr

Accounts Payable 1450 Cr

Land 25000 Dr

Cash 2300 Cr

Notes Payable 22700 Cr

Equipment account 9500 Dr

Cash 2300 Cr

Accounts Payable 7200 Cr

Explanation:

The issuance of common stock against cash will increase the cash and the capital. So cash will be debited and capital (common stock) will be credited.

The issuance of notes payable against cash increases liability and asset. The asset increase in cash will be debited and liability increase in notes payable will be credited.

The purchase of equipment on account will increase liability and asset. The asset increase in form of equipment will be debited and the liability increase in form of accounts payable will be credited.

The purchase of land will increase land and result in a debit to the land account. It is purchased for cash and a liability of notes payable. So both cash and the notes payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).

The purchase of equipment will increase equipment account and result in a debit to the equipment account. It is purchased for cash and a liability of accounts payable. So both cash and the accounts payable account will be credited as cash decreases (asset decrease in credited) and liability increases (liability increase is credited).

5 0

3 years ago

Please show all work in excelGreat Lakes Shipping is an all-equity firm with anticipated earnings before interest and taxes of $

padilas [110]

Answer:

$2,163,171

Explanation:

We use the MM model with taxes to evaluate a firm with financial leverage

$V_l = V_u + t \times D\\$Where:\\V_l = $value of the levered firm\\Vu = value of unlevered firm\\D = debt of thee firm\\t = tax rate$

D x t = 1,250,000 x 0.36 = 450,000

Now we calcualte the value of the firm without financial leverage:

The unlevered firm will produce 439,000

It pays taxes for 36% and no interest expense so his net income will be

439,000 x ( 1 - 0.36) = 280,96‬0

then we calculate using the cost of equity the value of the firm usng the perpetuity formula:

280,960/.164 = 1,713,170.73 = 1,713,171

Now we add the debt tax shield to calculate the firm value with leverage

1,713,171 + 450,000 = 2,163,171

6 0

3 years ago

Civil engineering consulting fi rms that provide services to outlying communities are vulnerable to a number of factors that aff

Evgen [1.6K]

Answer:

$894,336

Explanation:

The computation of the present worth of two contracts is shown below:

= (Stable income × PVIFA at 3 years for 10%) + (Signed amount × PVIFA at 2 years for 10%) × PVF at 3 years for 10%

= ($260,000 × 2.4869 ) + ($190,000 × 1.7355 ) × 0.751314801

= $646,594 + $329,745 × 0.751314801

= $894,336

Refer to the PVIFA table and the discount factor table so that the correct amount could come

7 0

4 years ago

Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not necessarily include all transacti

ira [324]

Answer:

Look up attached file

Explanation:

7 0

3 years ago

Entrepreneurs are best characterized as​

Entrepreneurs are best characterized as