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Kobotan [32]
2 years ago
11

Celine has an unwavering belief in her new start-up company. She possesses intense focus and takes un-conventional risks to make

her new company successful. She has a strong work ethic and often works more than 60 hours a week. These examples most closely relate to which characteristic of entrepreneurs?
A) Need to achieve.
B) Patience.
C) Tolerance for ambiguity.
D) High energy.
E) Self-confidence.
Business
1 answer:
RoseWind [281]2 years ago
6 0

Answer:

D. High energy

Explanation:

An entrepreneur is an individual who organizes, operates and takes risks for a new business. The entrepreneur brings together the various factors of production to produce goods or services.

An entrepreneur that wishes to be successful must be an optimist, a risk taker, an innovator and must be creative. Aside from this characteristics an entrepreneur must have High energy. Having high energy for an entrepreneur means that such individual must be determined, optimistic and hardworking. These factors will assist such entrepreneur   in making sure that the goals of the business are actualized.

Therefore the attitudes displayed by Celine is a characteristics of high energy of an entrepreneur

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How did the shift to steam power lead to the growth of cities?
MA_775_DIABLO [31]
The shift to steam power contributed to the growth of cities in many way. Firstly, it provides a continuous source of power to industries, which leads to high level of productivity. The availability of jobs in the industries makes the people in the rural areas to migrate to the cities in search of greener pastures. Steam power also created a new and efficient means of transportation which make it possible to move people and goods over long distances in record time.
7 0
3 years ago
The Quick Buck Company is an all-equity firm that has been in existence for the past three years. Company management expects tha
Vika [28.1K]

Answer and Explanation:

a. The computation of the current price per share is shown below:

Current price per share = Value of Firm  ÷ Number of stock outstanding

where,

Value of Firm is

= $800,000 ÷ 1.13 + $1,250,000  ÷ 1.13^2

= $1,686,897.96

And, the number of outstanding shares is 35,000 shares

So, the current share price is

= $1,686,897.96 ÷ 35,000 shares  

= $48.20

c. The computation of the shares of stock sold is shown below:

No of shares of stock must be sold is

= ($910,000 - $800,000) ÷ 48.20

= $2,282.16

c. The computation of the new price per share of stock is shown below:

Current price per share = Value of Firm  ÷ Number of stock outstanding

where,

Value of Firm is

= $910,000 ÷ 1.13 +  $1,250,000 ÷ 1.13^2

= $1,784,243.09

And, the number of outstanding shares is 35,000 shares and $2,282.16

So, the current share price is

= $1,784,243.09  ÷ 35,000 shares  + $2,282.16

= $47.86    

5 0
3 years ago
What is meant by standards of justice haven't always been met?
lara [203]

Answer;

We have no achieved "equal justice for all" examples. women, minorities such as blacks, gays

Explanation;

-The basic law of the state is the Standard of Justice. The state is, therefore, no more than a voluntary, meritocratic public service, headed by an elected policy directorate.

-One of the purpose of government is to establish justice; The law, in both its consent and its administration, must be reasonable, fair, and impartial. Those standards of justice have not always been met in this country.

-The belief in equality before the law is called legal egalitarianism. Article 7 of the Universal Declaration of Human Rights (UDHR) states that; All are equal before the law and are entitled without any discrimination to equal protection of the law.

4 0
3 years ago
During the course of your examination of the financial statements of the Hales Corporation for the year ended December 31, 2021,
Natasha2012 [34]

Answer:

adjusting entries:

a. An insurance policy covering three years was purchased on January 1, 2021, for $6,600. The entire amount was debited to insurance expense and no adjusting entry was recorded for this item.

Dr Prepaid insurance 4,000

    Cr Insurance expense 4,000

b. During 2021, the company received a $850 cash advance from a customer for merchandise to be manufactured and shipped in 2022. The $850 was credited to sales revenue. No entry was recorded for the cost of merchandise.

Dr Sales revenue 850

    Cr Unearned revenue 850

c. There were no supplies listed in the balance sheet under assets. However, you discover that supplies costing $900 were on hand at December 31.

Dr Supplies 900

    Cr Supplies expense 900

d. Hales borrowed $25,000 from a local bank on October 1, 2021. Principal and interest at 12% will be paid on September 30, 2022. No accrual was recorded for interest.

Dr Interest expense 750

    Cr Interest payable 750

e. Net income reported in the 2021 income statement is $40,000 before reflecting any of the above items.

net income after adjustments = $40,000 + $4,000 - $850 + $900 - $750 = $43,300

4 0
3 years ago
The following information relates to Smoothie Incorporated. Beginning assets = 200,000 Beginning liabilities = 124,000 Beginning
Debora [2.8K]

Answer:

$153,000

Explanation:

With regards to the above, ending balance of equity

= Beginning equity + Sales during the year - Expenses(including taxes) during the year - dividends + proceeds from the issuance of stock

= $76,000 + $617,000 - $561,000 - $14,000 + $35,000

= $153,000

3 0
2 years ago
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