All categories

3 years ago

Which of the following is NOT a creative thinking exercise entrepreneurs use to generate ideas?

1 answer:

7 0

recognition but not know how to begin to accomplish it. To facilitate ... class period. The exercisescould each be used as an icebreaker for an entrepreneurship class, ... ties between the exercises andentrepreneurship concepts are then presented in the following ..... Brainstorming: generating many radical, creative ideas.

You might be interested in

If the actual labor rate exceeds the standard labor rate and the actual labor hours exceed the number of hours allowed, the labo

vladimir2022 [97]

Answer:

Option D

Explanation:

As both, the actual rate and actual hours exceed the standards rate and standard hours, both rate and efficiency variance will be unfavorable.

And considering that if the actual labor rate exceeds the standard labor rate and if the actual labor-hours exceed the number of hours allowed, the total labor flexible budget variance will be unfavorable. As the variance is the difference between the Standard Cost and Actual Cost. So if both Standard rate & Standard hrs. are more than actual rate & actual hrs., Actual cost will be more than standard cost i.e. the variance will be unfavorable

Option d is correct

8 0

4 years ago

Budgeting helps consumers reach their financial goals by helping them do which of the following?

Firdavs [7]

Answer:

C. Keep their expenses below their income

Explanation:

7 0

3 years ago

False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account. Sales and cash coll

gayaneshka [121]

Answer:

$607,000

Explanation:

False Value Hardware began 2016 with a credit balance of $32,000 in the allowance for sales returns account.

Sales and cash collections from customers during the year were $650,000 and $610,000, respectively.

False Value estimates that 6% of all sales will be returned.

During 2016, customers returned merchandise for credit of $28,000 to their accounts.

False Value's 2016 income statement would report net sales of:

The closing balance in the allowance for sales returns account will be: 32,000 opening balance + 6% 0f 650,000 - sales returns within the year of 28,000 = $43,000

Hence Net Sales will be 650,000 - 43,000 = $607,000

5 0

3 years ago

Difference between Private and public Company company

HACTEHA [7]

A private company, the company's stock, or its net is spread amongst few people, usually people close to the CEO/Owner.
A public company, the company's stock is available to purchase to anyone, and can be spread world wide.

8 0

3 years ago

On January 1, Smith Industries leased equipment to a customer for a four-year period, at which time possession of the leased ass

KiRa [710]

Answer:

The amount of the annual lease payments is $98,124.

Explanation:

This can be calculated using the formula for calculating loan amortization as follows:

P = (A * (r * (1 + r)^n)) / (((1+r)^n) - 1) .................................... (1)

Where,

P = Annual lease payments = ?

A = Amount to be recovered through periodic lease payments = Equipment cost - Residual value = $425,000 - $100,000 = $325,000

r = interest rate = 8%, or 0.08

n = Number of years of lease term = 4

Substituting all the figures into equation (1), we have:

P = ($325,000 * (0.08 * (1 + 0.08)^4)) / (((1+0.08)^4) - 1)

P = $98,124.2614475627

Rounding to the nearest whole dollar as required, we have:

P = $98,124

Therefore, the amount of the annual lease payments is $98,124.

4 0

3 years ago