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Inessa [10]
3 years ago
8

In order to prosper, entrepreneurs must a. find ways to prevent technological change. b. undertake projects that use resources t

hat are more valuable than is the output they produce. c. undertake projects that create wealth and increase the value of resources. d. start out really wealthy to have the money with which to finance projects that they want to undertake.
Business
1 answer:
geniusboy [140]3 years ago
8 0

Answer:

The correct answer is letter "C": undertake projects that create wealth and increase the value of resources.

Explanation:

Entrepreneurs are individuals who are constantly looking for unsatisfied needs. They see these scenarios as opportunities from where a venture must be born to cover unattended sectors of the market. In most cases, entrepreneurs use the help of investors to fund their projects.

<em>Stakeholders tend to be focused on their own interests, thus, the business plan presented by entrepreneurs must show how the new entity plans to generate wealth based on increasing the value of certain resources that efficiently satisfy consumers' needs.</em>

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In an open economy, national saving equals a. domestic investment. b. domestic investment plus net capital outflow. c. domestic
egoroff_w [7]

In an open economy, national saving equals to domestic investment and net capital outflow

Explanation:

In an open economy national saving as considered or calculated an equal to the domestic investment and net capital outflow.

The savings saved by the households are generally deposited in the the banks accounts and banks use this amount to give loans to the business organisation and they make money from these loans.

Apart from this, countries also invests in the other foreign countries which is also considered as domestic (national) saving.

7 0
3 years ago
Assume Zap industries reported the following adjusted account balances at year-end. 2019 2018 Accounts Receivable $ 1,730,200 $
Mazyrski [523]

Answer:

The amount of Bad Debt Expense reported in 2019 was $16,100.

Explanation:

Our concern is mainly on the allowance for doubtful accounts. Based on the facts given in the question, the opening balance of the allowance account was $79,900 credit balance, while the closing balance was $96,000 credit. Since there were no write-offs or recoveries during 2019, the bad debt expense is simply the difference between the closing balance and the opening balance i.e, $96,000 - $79,900 = $16,100.

The journal entries will be:

Debit Bad debt expense                                           $16,100

Credit Allowance for doubtful account                    $16,100

<em>(To record the bad debt expense for 2019)  </em>

4 0
2 years ago
Roak Company and Clay Company are similar firms that operate in the same industry. Clay began operations 2 years ago and Roak st
Paladinen [302]

Answer:

<h3>Required:</h3>

1. (a) Which company has the better profit margin? (b) Which has the better asset turnover? (c) Which has thebetter return on assets?

2. Which company has the better rate Of growth in sales?

3. (a) Did Roak successfully use financial leverage in the current year? (b) Did Clay?

4 0
3 years ago
What is an economic and non economic activity explain me in short and give one example each​
Sonbull [250]

Answer:Economic activities are those activities of man which are undertaken for earning money. Whereas non economic activities are those activities that are not undertaken for any monetary gain.

Explanation:

4 0
3 years ago
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A producer's market means higher prices.<br><br><br> True False
ahrayia [7]
The answer is True .
6 0
2 years ago
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