Entrepreneurs take risks because they may lose time and money despite their high expectation of success.
<h3>Who is an entrepreneur?</h3>
An entrepreneur is an individual who starts a business. Entrepreneurs are known for their passion to achieve business success. They enjoy the gains from their success and may risk losing their time and money in the process.
Thus, as the entrepreneurs expect to succeed, they must be realistic, recognizing that they are taking a risk.
Learn more about entrepreneurs at brainly.com/question/353543
First, we add up all the benefits that Gerome Houser gets from his job. That is,
$1,755 + $3,898 + $2,898 +$2,098 +$1,404 = $12,053
Then, we divide this amount by his annual salary and multiply the quotient by 100% to get the answer.
($12,053 / $45,623) x 100% = 26.4%
Therefore, Gerome Houser's rate of benefits is approximately 26.4%.
Answer:
C. Joint Venture
Explanation:
A Joint Venture is a business agreement in which two or more parties agree to combine their resources in order to achieve an objective.
Companies use Joint Ventures to partner with foreign businesses in order to enter their market. This is what China is proposing in the scenario above, and it has been done in order that China might have a stake in those businesses.
<u>Advantages of a Joint Venture include:</u>
- Access to new markets.
- Pooling of resources.
- Low cost of production.
- Access to expertise ans technology, and so on.
Answer:
Incase of any emergency like an accident 5hey can support you
Answer:
The balance of allowance for doubtful accounts is $ 1,880
Explanation:
Computation of balance in Allowance for Bad Debts
Total credit sales $ 47 comma 000
Estimated bad debts as a % of sales 4 %
Balance of Allowance for Doubtful accounts $ 1,880
The balance is based on a % to credit sales basis. The bad debts expense for the year considers the balance in the allowance for doubtful accounts and the accounting entry is an adjustment amount.
