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PtichkaEL [24]
3 years ago
11

9. Emil Motycka is considered an entrepreneur because

Business
1 answer:
Nataliya [291]3 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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On January 1, Company A leased equipment for a six-year period. Annual lease payments are $12,000 due on December 31 of each yea
raketka [301]

Answer:

Dr Right of use asset 59,007.60

    Cr Lease liability 59,007.60

Explanation:

Variable lease payments are generally not included as right of use asset or lease liability. Even though a 60% possibility exists that an additional $5,000 will be paid, they are not based on an index and are not disguised payments (only two exceptions to this rule).

Annual lease payments = $12,000

PV annuity factor, 6%, 6 periods = 4.9173

PV of lease payments = $12,000 x 4.9173 = $59,007.60

3 0
3 years ago
Highland Company's standard cost is $250,000. The allowable deviation is ±10%. Its actual costs for six months are as follows Ja
Rasek [7]

Answer:

The month that is lower than the lower control limit is February ($220,000).

Explanation:

Giving the following information:

Highland Company's standard cost is $250,000.

The allowable deviation is ±10%.

Actual Fixed costs:

January $235,000

February 220,000

March 245,000

April 265,000

May 270,000

June 280,000

First, we need to calculate the lower control limit:

Lower control limit= 250,000*0.9= $225,000

The month that is lower than the lower control limit is February ($220,000).

6 0
3 years ago
The three key functions of sensation are, respectively, _____.
Elina [12.6K]
The answer to this question is <span>detection, stimulation, and transmission
In this context, detection refers to the capability to catch the stimuli around us. Stimulation refers to everything around us that could trigger a certain response in us, and transmission refers to transform the stimuli that received into emotional output or actions.</span>
6 0
3 years ago
Cost Behavior Prepare income statement in two formats Farnsworth Drycleaners has capacity to clean up to 7,500 garments per mont
Lemur [1.5K]

Answer:

(1)

Fees revenues 42,600

Total expenses 1.92 x 4260  = 8179.2

<em>Net income 34,420.8</em>

<em>(2)</em>

Fees revenues 42,600

Variable cost  2,982

Contribution Margin 39,618

Fixed Cost 14,400

Net Income 25,218

Explanation:

(1)

We multiply by the garment cleaned

10 x 4,260 = 42,600

0.7 x 4,260 = 2982

and distribute the fixed cost among the normal capacity

14,400 / 7,500 = 1.92 fixed cost per garment cleaned

.7 + 1.92 = 2.62 cost per garment

(2)

We do not include the fixed cost in the unit cost, we subtact them completely as an expense.

8 0
3 years ago
Is Starbucks bucking the trend of other food-service stores, or is something else going on?
Natasha_Volkova [10]

Answer:

its it's something else

4 0
3 years ago
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