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2 years ago

9. Emil Motycka is considered an entrepreneur because

Business

1 answer:

Nataliya [291]2 years ago

6 0

Answer:

he started and managed a business.

Explanation:

Entrepreneur is the person who is willing to take risk by putting his capital to create and operates business.

Emily Motycka gained his fame because he started and managed a business at 13. He created Motycka Enterprises , a company that offers lawn mowing services to the suburban houses.

By the time he entered high school, he already earned a 6 figure income, while most people only able to get that type of earning in their 30s.

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Ramakrishnan Inc. reported 2018 net income of $20 million and depreciation of $1,500,000. The top part of Ramakrishnan, Inc.'s 2

Afina-wow [57]

Answer:

$6,500,000

Explanation:

Calculation to determine the 2018 net cash flow from operating activities for Ramakrishnan, Inc.

Cash Flows from Operating Activities

Net income $ 20,000,000

Additions (sources of cash):

Depreciation $1,500,000

Increase in accrued wages and taxes $8,000,000

($43,000,000-$35,000,000)

Increase in accounts payable $9,000,000

($69,000,000-$60,000,000)

Less Increase in accounts receivable ($6,000,000)

($98,000,000-$92,000,000)

Less Increase in inventory ($26,000,000)

($170,000,000-$144,000,000)

Net cash flow from operating activities: $ $6,500,000

Therefore the 2018 net cash flow from operating activities for Ramakrishnan, Inc is $6,500,000

4 0

2 years ago

The opportunity cost of doing or getting something is best and fully defined as:

Marysya12 [62]

Answer: The correct answer is C. The value of the best alternative that is given up in order to do or get something.

Explanation: Opportunity cost literally means alternative thing forgone - meaning what is given up to get something <em>(sacrifice</em>). It is a concept used by economists to allocate limited resources for production, consumption, distribution and exchange of goods and services. Production of goods or services entails the creation of value. In other words, it gives a more understanding on how limited resources are allocated in order to satisfy the human insatiable desires.

For example, a student may be constrained with limited amount of pocket money, say $100 and the student wants to buy textbooks that cost $10 each or go for different outings going for $20 each. In this scenario, the student has different options: a) buy 10 textbooks and 0 outing b) buy 8 textbooks and a outing c) 6 textbooks and two outings d) 4 textbooks and three outings e) 0 textbooks and five outings. For the student to have any more of the other, he has to give up the other unit. What is given up is called opportunity cost.

6 0

3 years ago

If a firm averages $2,000 in daily credit sales and offers 60-day terms, the average accounts receivable balance will be $120,00

Alexeev081 [22]

Answer:

a. True

Explanation:

The computation of the average accounts receivable balance is shown below:

= Daily credit sales × day terms

= $2,000 × 60 days terms

= $120,000

We simply multiplied the average amount with the day term so that the average account receivable balance could come

Hence, the given statement is true

Therefore the correct option is a.

8 0

3 years ago

Amber’s academic adviser has asked her to set 3 academic goals for this semester. these goals are most likely to be accomplished

Kisachek [45]

Had to look for the options and here is my answer:

Since Amber was assigned by her academic adviser some academic goals, how these goals could be accomplished is by writing or noting down her goals. This way, she will have a guide on what to do first and the task will do done smoothly.

4 0

3 years ago

The company's wacc is 10. 5%. what is the irr of the better project? (hint: the better project may or may not be the one with th

Simora [160]

The better Project is Project S having a NPV of $17.968 and IRR of 12.10 %

IRR:

An approach to capital budgeting that is used to assess the profitability of a project is the discounted payback time. Internal rate of return is one of these capital planning strategies (IRR).
This rate of return corresponds to the point at which a project's net present value equals zero. Since it does not account for any outside forces, such as inflation, they call it internal.

The calculator's capabilities will be utilized to determine the IRR,

Project S

CF0 = (1,000)
CF1 = 882.62 & F01 = 1
CF2 = 250 & F02 = 1
CF3 = 15 & F03 = 1
CF4 = 5 & F04 = 1
I = 10.5%
[NPV] [CPT]
The NPV is $17.968
[IRR] [CPT]
The IRR will come as 12.10%
Project L
CF0 = (1,000)
CF1 = 0 & F01 = 1
CF2 = 260 & F02 = 1
CF3 = 420 & F03 = 1
CF4 = 732.87 & F04 = 1
I = 10.5%
[NPV] [CPT]
The NPV is $15.78
[IRR] [CPT]
The IRR will come as 11.03%
The better Project is Project S having a NPV of $17.968 and IRR of 12.10%

Learn more about IRR here brainly.com/question/7920964

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7 0

2 years ago