What are some qualities needed by Commercial Artists? Check all that apply.

Identify her/his entrepreneurial qualities and support your answer based on what you observed

zzz [600]

The main <span>qualities of real entrepreneur are:
1) </span>spiritual freedom and energy;
2) willpower;
3) ability to effectively negotiate and convince partners and customers;
4) organizational skills;
5) determination and willingness to situations of risk.

7 0

3 years ago

Ramirez Company sells a product for $80 per unit. The variable cost is $60 per unit, and fixed costs are $4,850,000. Determine (

pogonyaev

Answer:

(a) 242,500 units

(b) 267,500 units

Explanation:

(a) Break-even point in sales units:

= Fixed costs ÷ (Selling price per unit - Variable cost per unit)

= $4,850,000 ÷ ($80 - $60)

= 242,500 units

(b) Break even point in sales units if the company desires a target profit of $500,000:

= (Fixed cost + Target profit) ÷ (Selling price per unit - Variable cost per unit)

= ($4,850,000 + $500,000) ÷ ($80 - $60)

= $5,350,000 ÷ $20

= 267,500 units

4 0

4 years ago

Presented below is a list of items that could be included in the intangible assets section of the balance sheet. Choose the item

il63 [147K]

Answer:

Intangible Assets:

c. Purchased patent

f. Purchase of a franchise

k. Purchased copyright

Explanation:

Intangible assets are financial resources that have no physical properties. They must be acquired by the entity as a result of past events to be recognized. Examples of intangible assets are Brands, Goodwill, Intellectual properties (e.g. Trade Secrets, Patents, Trademark, and Copyrights), Licensing rights, Customer lists, and qualified R&D.

They are usually amortized over their estimated useful life. Annually, the entity must carry out impairment tests to determine if there is an impairment loss, especially for indefinite intangible assets which are not amortized.

The legal costs are not intangible assets on their own but can be capitalized. This means that they can be included in the affected intangible assets.

7 0

3 years ago

How does the governance of a closely held corporation compare to the statutory model of corporate governance?.

valentinak56 [21]

Corporate governance differs from company control in that governance is usually approximately defensive a commercial enterprise, even as control is greater approximately developing it. Governance refers back to the guidelines and methods set in area to make sure a commercial enterprise operates in the regulation and for the superior gain of all stakeholders.

Under the Anglo-American Model of company governance, the shareholder rights are regarded and given importance. They have the proper to go with all of the participants of the Board and the Board directs the control of the company. Some of the capabilities of this version are: This is shareholder orientated version compare corporation.

To date, researchers have diagnosed 3 fashions of company governance in evolved capital markets. These are the Anglo-US version, the Japanese version, and the German version.

Learn more about capital markets here:
brainly.com/question/1159116

#SPJ4

5 0

2 years ago

The ACME manufacturing company is weighing its options to source Component X. Supplier A would cost $3000 per order plus $2.50 f

raketka [301]

Question Completion:

Since the options are not provided, it is assumed that ACME requires 2,000 units of Component X monthly. Which supplier should the company choose?

Answer:

ACME Manufacturing Company

The supplier that should be chosen is:

Supplier A.

Explanation:

a) Data and Calculations:

Quantity of component X required monthly = 2,000 units

Cost of buying from supplier A = $3,000 + ($2.50 * 2,000) = $8,000

Cost of buying from supplier B = $6 * 2,000 = $12,000

Cost of buying from supplier C = $5 * 2,000 = $10,000

b) This cost decision depends on the quantity of component X required by ACME manufacturing. If the quantity were to be less than or equal to 1,100 units, another supplier other than supplier A might be preferred. Again, if there are other considerations apart from cost, supplier A might not be chosen. The implication is that the choice of a supplier for a component depend on many factors.

8 0

3 years ago